Will Home Prices Drop? 🏡

April 23, 2025

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What Up, Family? 

Hey , we’re back on schedule!

You might’ve noticed The Edit arrived a little late last week—thanks for your patience. I’m still in the process of rebuilding my sender reputation after switching email platforms, which means some of you may find this email in your spam folder. 

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1. Move this email to your Primary inbox and flag it as “important” 
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All this means a lot as I get The Edit back to where it belongs: front and center in your inbox. 

Now, let’s get into your weekly dose of real estate, culture, and wisdom—in three minutes or less. 

 

Real Estate Remix 

It’s good news for my prospective home buyers with Zillow’s latest market report. The data (which analyzed new listings, price cuts, and home values) forecasts home prices across the US will drop 1.7% from March 2025 to March 2026. The reason for this outlook is primarily based on supply and affordability. Trends are showing more homes being listed, which gives buyers more options and negotiation power, thus bringing down prices. However, not everyone shares the same outlook: Fannie Mae and Wells Fargo both predict home prices will rise this year. So remember, forecasts are just that—hypotheses based on data trends. While it’s important to know what the bigger players are predicting, it’s even more important to talk to an expert such as myself to understand how this applies to the market you’re buying in.

 

NYC Insider: What’s Happening This Week 

Spring, that you? I don’t know about y’all, but I’m extremely happy for these warmer temps after that brutal winter we had. During these weeks, as the weather warms up, I like to plan my summer concert calendar. There’s something about an outdoor concert that hits different, so I usually try to go to Pier 17 and Forest Hills at least once a season. Leon Bridges on Sept 4th at Forest Hills already has my attention! Little Island’s summer programming was also recently released with smaller, indie shows performing on the island’s open-air amphitheater, which overlooks the Hudson River. 

 

Weekly Gem 💎

Faith It Until You Make It

You’ve heard the phrase “fake it til you make it,” but I’ve never been big on pretending, family.

Faith it until you make it. That hits different. That’s deeper.

Faking is rooted in fear—performing for the world while praying they don’t see the cracks. But faith? Faith is power in motion. It’s belief without proof. It’s action before approval.

When I stepped into new chapters—fatherhood, real estate, entrepreneurship—I didn’t always know the how. But I always had the why. And I leaned on that faith like a crutch until it became my new normal. Until my confidence caught up to my conviction.

So today, whatever’s in front of you, walk like it’s already yours. Move like your prayers are being answered in real time. Don’t wait for the results to believe—believe so the results have no choice but to materialize.

That’s not pretending. That’s how you faith it until you make it.

 

The Best Homes on the Market This Week  

Here are three of my favorite fly listings in NYC across all price points. Because Team Carte Blanche is all about the people, not the price. 

 

	11 Beach St, THA  $10,250,000   4 Bed / 6 Bath   Tribeca  You see that 50-foot indoor pool? It’s entirely yours. Set in the basement of this 6,169-square-foot Tribeca triplex, you can enjoy townhouse privacy with full-service condo amenities. Find floor-to-ceiling imported stone, a sauna, and a steam room, along with multiple zones for lounging and fitness. A private pool this size is incredibly rare.  Listed by Randy Baruh
	470 Broome St, 4S  $5,195,000    2 Bed / 3 Bath    SoHo  This expansive corner loft in SoHo sits inside an iconic cast-iron landmark building. With 11 dramatic windows facing South and East, this home is one of four residential units in the whole building. The wrap-around windows are particularly special.  Listed by Doorba Krishnaiyer
	274 St Johns Pl, 3C  $999,000   2 Bed / 1 Bath    Prospect Heights This bright, airy, move-in-ready home features an updated kitchen and bathroom, as well as an in-unit washer and dryer. With pre-war details, original moldings, high ceilings, and hardwood floors, this home abounds with charm and personality.   Listed by Cindy Fazio

 

Who wants a tour?

Before you go…

🦠: Pretty cool news for my BK residents… it turns out that microbes are helping clean the Gowanus Canal. 

🌊: This just might be the cheapest house in the Hamptons. Can you guess how much it’s listed for? 

🍣: The Wegman’s near Astor Place is gearing up for the opening of an upscale sushi restaurant. 

🍸: This London cocktail bar looks so dope! 

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Looking to Buy, Sell, or Rent? Let’s talk.

Like I ask GOD every day, who can we help next?