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





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Wei Min Tan is a property broker focusing on Manhattan, New York luxury condominiums and foreign buyers. He is often interviewed by the media including CNN, The New York Times and The Wall Street Journal on the subject of foreign buyers of Manhattan property.