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Reports And Guides

1Q - 2014 Brooklyn Sales

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Report Summary

The Brooklyn success story continued this quarter as the market set a record first quarter price and inventory fell to a record low. The lack of inventory has been so challenging to the market that sales activity could be even higher if more supply was available.  Marketing times remained short and negotiability has been limited with packed open houses and plenty of bidding wars. With an improving economy and rising popularity of the borough, we don’t anticipate any real change from current conditions through the spring.

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