If you have been trying to buy or rent in the brownstone belt of West Brooklyn lately and walked away feeling insane, you are not. Across Red Hook, Gowanus, Carroll Gardens, Boerum Hill, Dumbo, and Park Slope, prices are soaring, there is almost no inventory, and a growing share of buyers are paying cash.
News
In West Brooklyn, cash buyers are winning and first-time buyers are getting boxed out
In West Brooklyn neighborhoods like Park Slope and Gowanus, soaring prices and scarce inventory are pushing out first-time buyers as cash offers dominate the market, reshaping the area’s demographic landscape.
In West Brooklyn, cash buyers are winning and first-time buyers are getting boxed out
In West Brooklyn neighborhoods like Park Slope and Gowanus, soaring prices and scarce inventory are pushing out first-time buyers as cash offers dominate the market, reshaping the area’s demographic landscape.
Thanks for being a member.
Filed underBrooklyn / Cash Buyers / First-Time Buyers / Gowanus / Park Slope / real estate / West Brooklyn
