MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 5/18/2026 – 5/25/2026

Did You Know?

* Roughly 480,000 rental apartments will come online this year and about 450,000 more a year will be delivered in the years to come…..which is almost certain to keep rent increases limited in several areas. (WSJ)

* Instead of ending an email with “Let me know your thoughts” try to be more specific?
1. Ask a binary question that narrows down responses to a simple choice, eg:
“Does Tuesday or Wednesday work better for you?”
“Do you prefer option A or option B?”
“Would you like me to keep going or hold off for now?”
2. Add a deadline to transform an open-ended request into a task with a timeline, making it far less likely your email gets perpetually pushed.
“Can you give me an answer by Thursday so I can move forward?”
“If you’re able to respond by the 15th, that would help me hit our quota.”
“I’m hoping to make a decision by tomorrow. Would you be able to weigh in before then?”
3. Trigger a one-word reply which allows the recipient to shoot off a response in seconds.
“Reply yes, and I’ll handle the rest.”
“Just reply with your preferred date, and I’ll send a calendar invite.”
“If you’re on board, even a thumbs up is fine.”  (CNBC)

Mortgage Rate Updates:

The average rate on a 30-year fixed-mortgage was rose by 15bps from the previous week to 6.51% as of May 21st, the highest in nine months, according to data compiled by Freddie Mac. The jump was aligned with the increase in long-term Treasury yields over the period, as soaring energy prices and robust labor market data raised expectations of a potential rate hike by the Federal Reserve. The yield on the 30-year Treasury bond, closely related to MBS of the same maturity, rose to its highest since 2007. “As rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, they can potentially save thousands.” said Sam Khater, Freddie Mac’s Chief Economist.

Source: Freddie Mac