Changing The Game

Posted by Wei Min Tan on October 30, 2017

Publication:  The Real Deal


Summary:  Article about homebuyers’ reaction to increasing interest rates.

“Last week, we got an accepted offer, rates went up and we rushed to have the contract signed before [they] increased further,” said Wei Min Tan, a broker at Rutenberg Realty. “Abruptly rising rates brought urgency to buyers. While rates were low, there was less urgency because everyone assumed rates would continue to stay low.”

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641 Lexington Avenue,
22nd floor,
New York, NY 10022

641 Lexington Avenue,
22nd floor,
New York, NY 10022

About Wei Min

  • Focuses on investors of Manhattan condominiums, interviewed by CNBC, CNN, Wall Street Journal, New York Times
  • Ex-Citibanker, managed $500 million portfolio
  • MBA, University of Illinois at Urbana-Champaign
  • Manhattan resident since 1999. Currently lives in Tribeca with wife and 2 kids
  • 352 burpees in 23 minutes, student of muay thai kickboxing

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