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15 Dumb Ways You Are Ruining Your Home Value

Gerard Splendore, Author at Inman

8 New Real Estate Agent Mistakes To Avoid From The Get-Go

8 New Real Estate Agent Mistakes To Avoid From The Get-Go
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Brooklyn Townhouse Prices Rise, Condos and Co-ops Flatten

Brooklyn townhouse market hints at the borough’s pricey future (Getty) Demand for Brooklyn townhouses rose during the pandemic, but the surge wasn’t merely a Covid-driven trend. Prices for townhouses in the borough have been steadily rising for nearly a decade while the condo and co-op market has remained fairly flat, according to a report from UrbanDigs. The median sale price for Brooklyn townhouses with three or fewer units is now about $1 million, up 85 percent from 2012, when it was $550,000. Condo and co-op prices also grew, but less. The median price for a co-op is now $780,000, a 59 percent increase from 2012, when it was $490,000. For condos, the median price is $925,000, up 64 percent from 2012, when it was $565,000.

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