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Power Broker Frances Katzen on Pending Home Sales Slide

Frances Katzen, founder of The Katzen Team and a top broker at Douglas Elliman in New York City, discussed the current dynamics of the housing market, highlighting a pronounced K-shaped trend. While overall housing activity has slowed, the high-end segment in Manhattan is experiencing significant growth, with contract signings up 39% year-over-year in October and properties priced between $3…

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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