New York City real estate is on fire - thanks in part to the Trump rally in stocks.

That's the assessment of Ryan Serhant, a real estate agent with The Serhant Team at Nest Seekers International and star of Bravo's hit TV show "Million Dollar Listing New York." 

Serhant said uncertainty surrounding the 2016 presidential election was one reason buyers delayed their home purchase. 

With the election over and optimism about the stock market and tax reform surging, home buyers are overflowing with confidence.

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