'Million Dollar Listing' star argues there are 'good deals' in NYC real estate

 "Million Dollar Listing" star Ryan Serhant talked about the growing New York City real property marketplace on Monday, pointing out that the potential to get "good deals" still exist despite the increase in demand.

Serhant who is a real estate agent, claimed in the show " Mornings with Maria" on Tuesday that there's "no place like New York" and that it's "one of the safest real estate investments you can make. The CEO and founder of the real estate firm SERHANT said that the initial setbacks faced by the city as a result of coronavirus and its associated lockdowns coronavirus pandemic, and its associated lockdowns that led to an massive exodus as well as the rising crime rate don't seem to have an impact in this New York City real estate He emphasized on Tuesday that there is a New York City real estate market is "incredibly active" despite the rising criminality. The real estate firm Serhant has reported that the fourth quarter of its financial year. Manhattan sales increased by 77% over the previous year, and jumped up to 3,380 closed sales. The company stated that 2021's Manhattan residential market being "phenomenal. The report also pointed out that an average price discount of 5.8 percent off the initial price on the list that was the lowest value in 2021 and was well beneath the 15-20 discount levels that were reported at the peak of the pandemic. The SERHANT report noted that during Q4 the average days on market decreased to 152 days, which is the lowest figure in 2021. The company also gave their outlooks for the coming year, writing it that "we are optimistic the first half of 2022 will be robust for Manhattan housing as international buyers return in greater numbers, and domestic activity remains strong.

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