Manhattan's Rental Price Plunge | 1-Minute Market Update w/ Martin Perdomo

Send us Fan MailReady to get informed and shake up your real estate know-how? Strap in as we navigate the unexpected plunge in Manhattan’s rental prices, a first in over two years, and how this shift is stirring up the housing market and impacting inflation. Don’t miss out as we dissect the surge in median home sales prices and the effects of growing mortgage rates on this trend. We also dive into an intriguing spike in Google searches for houses on sale and the rising number of new listings and pending sales.Ever wondered about the dynamics of the housing market? Here's your chance to get an insider's look. Tune in to our weekly real estate market update where we unpack the latest trends including the escalating housing prices due to low inventory. And that's not all, we take it up a notch with a lively discussion on the recent drop in the 10-year treasury rate, offering practical advice on locking in a mortgage rate if you're on the home buying path. Remember, staying informed is key, whether you're buying or selling. Join us for more next week! Download the free Sovereign Standards Manual. A short guide to discipline, clarity, and Authority & Freedom. Get it here:https://offer.elitestrategiesconsulting.com/ Reserve your seat for the FREE Webinar here!https://webinar.thesovereignstandards.com/ Support the showFREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter: https://signal.elitestrategiesconsulting.com/?utm_source=podcast&utm_medium=description&utm_campaign=operator-resetOwn rentals and ready to operate? Apply to the private community: https://signal.elitestrategiesconsulting.com/apply?utm_source=podcast&utm_medium=description&utm_campaign=community-applyLive masterclasses (Pennsylvania & Florida): https://event.elitestrategiesconsulting.com/