Valerie Sebbag Real Estate

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):...

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...

Brooklyn's real estate market remains strong in 2025 despite economic uncertainties. Contract signings increased by 7% year-over-year in the first quarter, with steady price appreciation across most property types. Key Highlights: Contract Signings: +7% YoY Price Appreciation: Steady across segments Market Context:Brooklyn continues to offer diverse opportunities for buyers, sellers, and...

Brooklyn’s multifamily market remained robust in the first quarter of 2025. Average advertised rents rose 0.5% to $3,643, with occupancy remaining high at 98.8%. Over 25,600 units are currently under construction, surpassing the combined development pipelines of Manhattan and Queens. Key Highlights: Average Rent: $3,643 (+0.5%) Occupancy Rate: 98.8% Units Under Construction:...

During the first half of 2025, Brooklyn recorded $730 million in multifamily sales across 140 transactions, representing a 28% increase from the same period in 2024. Key Highlights: Total Sales Volume: $730 million Transactions: 140 Year-over-Year Increase: 28% Market Context:The stable investment activity demonstrates a healthy market environment for multifamily properties, making...

As of mid-2025, Brooklyn’s commercial real estate market is showing strong momentum. Multifamily, retail, office, and development sectors all contributed to year-over-year improvement, creating a balanced investment climate. Key Highlights: Sector Performance: Multifamily, retail, office, and development sectors showing growth Market Context:The diverse growth across commercial sectors...

Crown Heights Brownstones See Surging Demand as Buyers Return to Classic Brooklyn Living Brooklyn’s Crown Heights neighborhood is experiencing a revival, with historic brownstone homes attracting a new wave of buyers seeking character, charm, and long-term value. Recent market analysis shows that renovated brownstones in the area are selling quickly, many over asking price. The mix of old-world...

Crown Heights has emerged as a notable hotspot in Brooklyn's real estate market in 2025. The neighborhood has experienced a 6.4% year-over-year increase in online searches, reflecting heightened buyer interest. The median asking rent has risen by 3.3% to $3,150, and the median asking price has increased by 2.3% to $1.175 million, indicating strong demand for condos. Key Highlights: Search Activity:...

Brooklyn’s housing market is setting new records in 2025, with both median and average sale prices climbing higher. At the same time, inventory levels are rising, giving buyers more options even as demand keeps the market competitive. For neighborhoods like Crown Heights, this balance of high demand and growing supply is especially noticeable. 📊 Key Numbers - Q2 2025 Median sale price:...