Welcome to February!

The market definitely picked up in January.  Supply is still historically tight, but better than it's been in recent months.  Lower rates have helped demand and open house traffic is encouraging.  Many properties that had been sitting on the market are now gone.  More listings are moving quickly with multiple offers after the first open house.  It's still early, but buckle your seatbelts!

In this month's update I've included some research, articles & various activities I hope you'll find of interest. Click the images below for more details.

Have a great month and feel free to contact me at any time with questions or for real estate assistance.

All the Best,

Steven Segretta
Licensed Real Estate Salesperson
#1 Top Agent - BHS Park Slope 2021
Top 5 Agent - BHS Brooklyn 2020, 2021 
America’s Best Agents - RealTrends 2021, 2022
View My BHS Web Page
NYC Events
Click the image above for curated events in and around New York City during the month of February.
Market Report - Brooklyn Townhomes H2 2022
Both the average and median sales prices were 5% higher than a year ago.There were 23% fewer sales than 2021’s second half.
Market Matters (Video)
Some thoughts on the market and the disconnect between national media forecasts and regional expectations.
Open House Index
The days are getting brighter and so are the reports as we continue to see positivity and above-average stats in many categories in addition to a climb in the open house traffic.
Manhattan Apartment Weekly Signed Contracts
Contract activity surged 37% last week to its highest level in six weeks. Signed contracts were 29% lower than a year ago.
The Economy
Employment rose by 517,000 last month, easily crushing the 187,000 jobs that economists were expecting.
Mortgage Demand Jumps
Weekly mortgage demand jumps 7% as interest rates drop to lowest level since September,
25 Dining Room Ideas
Just as there are infinite styles of cuisines and parties to host in them, there are countless ways to configure and decorate your dining room.
Deft Design Brightens Park Slope Brownstone With Ornate Woodwork
Brightening up a townhouse while retaining architectural detail.
11 Brooklyn Breweries To Visit This Winter
There's no shortage of homegrown breweries in the city that host visitors, give tours, and serve lots of delicious beer — some of the best of which are in the borough of Kings.
Restaurant Week
The time-honored tradition begins January 17, and as usual, lasts about a month (until February 12.)  Similar to last year, roughly 50 restaurants in Brooklyn are taking part.
I was skiing and hiking in the Adirondacks with friends last week.  We ended up at a great bar by Lake George called The Gem.  Excellent drinks, good food and a nice vibe.  While I'm sure it's a bit off the radar for most of you, it turns out the owners have a place in Long Island City called Dutch Kills.  I haven't been yet, but it's next on my list!
Best Places to Ski
I'm off to Lake Tahoe next month.  For those of you with a ski bug like me, here are some other recommendations.