By Valerie Sebbag, Principal Broker, 555 Properties LLC 📞 917-623-6331 | 🌐 555Prop.com Introduction If you are considering selling your home in Brooklyn-particularly around Crown Heights or Park Slope, both directly adjacent to Prospect Park-this analysis offers a deep dive into how these markets are performing, what’s coming next, and how you can maximize your outcome. As Principal...
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...
By Valerie Sebbag, Licensed Broker & Founder, 555 Properties LLCCrown Heights, Brooklyn’s vibrant hub of historic charm and modern energy, continues to shine as one of the borough’s most desirable neighborhoods. With its tree-lined streets, proximity to Prospect Park, and a thriving cultural scene, Crown Heights attracts buyers, investors, and developers alike. Our October 2025 market report...
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...
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...
Park Slope remains one of Brooklyn's most sought-after neighborhoods, offering a blend of historic charm and modern amenities. As of mid-2025, the housing market in Park Slope has shown resilience, with notable trends in both sales and rentals. 📊 Market Overview Median Listing Price (July 2025): $1.4 million, a decrease of 12.8% year-over-year. (realtor.com) Median Sale Price (July 2025):...
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