Frances Katzen, the founder and leader of The Katzen Team, frequently receives industry-wide accolades for successfully negotiating and completing complicated deals. Frances consistently has made Douglas Elliman's prestigious top 10 list for highest grossing production in both sales volume and total transactions for the last decade. With well over $3 billion in total sales and consistently selling in excess of $350 million annually, Frances is a true powerhouse in the New York City real estate market.
Frances Katzen, Founder of The Katzen Team at Douglas Elliman, breaks down the New York City residential real estate outlook.
Relief for some New York City renters may be on the way. Real estate agents say record-high rents are finally starting to stabilize.
Douglas Elliman Broker Frances Katzen joins Yahoo Finance Live to break down the trajectory for the rental market as rent prices remain high in cities like New York, in addition to commenting on mortgage rate trends and homebuyer activity.