Brooklyn real estate

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...

Park Slope Housing Market Update – Fall 2025

Park Slope Housing Market Update – Fall 2025

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):...

Crown Heights Real Estate 2025

Crown Heights Real Estate 2025: Rising Prices Meet Buyer’s Market

By Valerie Sebbag, Licensed Real Estate Broker Crown Heights Market UpdateCrown Heights, Brooklyn, is entering a notable shift in its 2025 real estate market. Home prices continue to climb, with a 9.2% year-over-year increase, bringing the median home price to around $1.3 million. This steady growth reflects ongoing demand and long-term investment potential in this historic Brooklyn neighborhood. At the...