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555 Properties
Brooklyn Housing Market Sizzles: Buyers Outbidding Each Other in Crown Heights and Beyond Brooklyn’s real estate market is showing no signs of cooling down. September 2025 saw nearly 500 homes entering contract across the borough, marking an 11 percent increase compared to the same month last year, according to a recent report by BK Reader. The surge is being driven by moderating mortgage rates, a...
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By Valerie Sebbag, Broker - 555 Properties LLCPublished on https://555prop.com/blog Crown Heights, Brooklyn, has quietly become one of the borough’s most dynamic real estate markets, yet many investors continue to overlook it. While Williamsburg, Park Slope, and Downtown Brooklyn dominate headlines, Crown Heights is steadily attracting buyers, renters, and developers alike. This neighborhood offers a...
Mortgage Rates Hit Lowest Point Since Early 2023 – What It Means for NYC Real Estate & Crown Heights
By Valerie Sebbag | 555 Properties LLCDate: September 18, 2025 Mortgage rates in the U.S. have finally eased to levels not seen since early 2023 - a change that’s breathing new life into the NYC real estate market. According to Freddie Mac, the average 30-year fixed mortgage rate is now 6.26%, down from around 6.35% last week. The 15-year fixed rate is averaging 5.41%. AP News+3Bloomberg.com+3AP...
/* --- INTEGRATED FORTUNE 500 THEME --- */ @import url('https://fonts.googleapis.com/css2?family=Cinzel:wght@700;900&family=Montserrat:wght@300;400;500;600;700;800&display=swap'); @import url('https://cdnjs.cloudflare.com/ajax/libs/font-awesome/6.0.0/css/all.min.css'); :root { --brand-gold: #C5A059; --brand-black: #000000; --brand-white: #ffffff; --chart-bg:...