Airbnb’s Lawsuit to Block NYC Short-Term Rental Law | Inventory Levels & Short-Term Rental Laws
Channel: BPI | NYC Real Estate Agency
Date: 09/08/2023

Welcome to our real estate news channel where we analyze the latest trends and updates in the housing market. In this episode, we delve into the current state of the housing market, including the impact of mortgage rates, inventory levels, and the effects of short-term rental laws on NYC's real estate landscape. We also explore the surge in new development sales and the increasing interest from out-of-state buyers in the southern markets. For more information or to schedule a showing, call today!

Timestamps
0:00 - 0:26 Introduction
0:27 -  4:00 The housing market’s seller strike
4:01 -  5:47 Summer doldrums hit NYC new dev sales
5:48 - 9:14 Out-of-state buyers still showing interest
9:15 - 13:53 Airbnb’s Lawsuit to Block NYC Short-Term Rental Law 

The housing market’s seller strike is so ruthless only 7 of the nation’s 200 largest markets are back to pre-pandemic inventory levels
https://fortune.com/2023/08/07/housing-market-inventory-is-very-tight-in-most-regional-markets

Out-of-state buyers still showing interest in Raleigh real estate
https://www.axios.com/local/raleigh/2023/08/08/raleigh-real-estate-out-of-state-buyers

Summer doldrums hit NYC new dev sales - https://therealdeal.com/new-york/2023/08/09/nycs-new-condo-market-hits-july-slump/

Airbnb’s Lawsuit to Block NYC Short-Term Rental Law Is Dismissed - https://www.bnnbloomberg.ca/airbnb-s-lawsuit-to-block-nyc-short-term-rental-law-is-dismissed-1.1956530

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Botensten Properties International (BPI) is a real estate firm located next to Bryant Park Manhattan. Founded in 2014, BPI specializes in the purchase, sale, and marketing of residential properties. Our team of experienced agents has a deep understanding of the market and passion for helping clients find their dream homes. We are committed to providing clients with a seamless and stress-free real estate experience. If you are looking for a firm that can help you buy, sell, or market your property, BPI is the perfect choice for you. We have the experience, expertise, and are dedicated to achieving our clients' real estate goals and exceeding their expectations. Unlock the potential of your real estate aspirations, connect with us for a personalized strategy session today: https://bit.ly/m/WorkWithBPI