Fall Season 🍂Interest Rate Drop & Industry Changes + 4 family investment! 🏡

Dear Friends & Neighbors,

As you may have heard, there are some big changes to the real estate business. It always takes a minute to know exactly how the industry will change, but at the Kantin Team we think the real estate industry could benefit from transparency and oversight. We won’t get into details here, but we believe that this change will benefit to our industry and our clients.

We also appreciate that the important role of buyer's broker is becoming formalized where the buyer's broker will most likely be vetted in the same way that the seller's broker always has been to determine their value to the buyer. Feel free to check out Cory's blog post for an in depth dive!

In the meantime, we are going to get down to business with our new listings below and some thoughts about the fall market.

78 Kingston Avenue

$1,995,000 | 4-Family | 4 Stories | 3,940 SF | Bldg: 26.5’ x 40’

Great Investment Opportunity!

View Video tours here, and inquire for Cap Rate/Setup Sheet.

261 W. 25 Street, #1D

2 Bed / 2.5 Bath + Terrace | 1,329SF + 907SF Exterior

Private Terrace 907 SF!

394 Union Avenue

3,979SF + 1,250SF Exterior + Private Indoor Parking

Looking for a peaceful, sun-filled live/work space to create your art, or run your business? This nearly 4,000 square foot home could be the perfect fit. Enjoy the Williamsburg lifestyle, but in a townhouse with indoor parking and an expansive outdoor space.

After a lot of talk about lowering rates, the Federal Reserve finally dropped rates by .5 points today, hooray! Hopefully this begins to grease the wheels of a slow market where potential sellers were reluctant to let go of their home where they had a lower mortgage rate.

I expect that the market will get back to “normal” in the spring, and that this represents a window of opportunity for buyers with lower rates and less competition. For sellers, inventory is still low which is good for certain type of properties, such as units that need a renovation. Happy to chat more on which types of properties fair better in what market environments and why, but for now, we’re just celebrating the rate decision and the market to come!