Here’s What Industry Leaders Predict For Real Estate In 2021

December 23, 2020
Published in Forbes

When Condos Will Recover

Eric Benaim, chief executive officer and founder of Queens, N.Y.-based brokerage Modern Spaces, says he expects to start seeing the condo market pick up by the second quarter of 2021. “Many developers reduced pricing during COVID, so buyers will now see an opportunity to purchase a ‘value,’” Benaim says. “The FED has said it plans on holding the current interest rates until 2023, which will also help.”
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