Klara Madlin and Ann Ferguson on what’s next in 2016

The boutique firm brokers cater to a niche middle class market in New York City

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Inman is interviewing industry thought leaders to find out what’s next in 2016. Here are Klara Madlin and Ann Ferguson of Klara Madlin Real Estate.  Want to weigh in on what’s next? Take our survey. Are you optimistic about 2016? The economy? Why? We are optimistic about 2016 and the economy. American debt is decreasing and consumers’ credit scores are increasing, which means that more buyers will be able to qualify for mortgage financing. Interest rates are still low, which makes it attractive to buy versus rent. The housing market? Why? The housing market in Manhattan is tight -- rents and prices of real estate are high and inventory is low. There are a number of new developments being built and this will help to increase inventory in 2016. New York is attracting people from all over the world. Many tech startups are finding that New York offers them exciting new opportunities. New York attracts the best and the brightest across many different industries fr...