New York Real Estate: Surprising Facts You Might Not Know

New York, often dubbed “The Big Apple,” is renowned for its iconic skyline, rich history, and status as a cultural melting pot. When it comes to real estate, New York presents a myriad of opportunities, challenges, and unique characteristics. Here are some intriguing facts about New York real estate: Expensive Square Footage Manhattan, one of…

Why Buying a Home in New York City Is So Challenging

For anyone trying to buy a home in New York City, it quickly becomes clear that housing prices are extremely high. The city’s five boroughs—Manhattan, Brooklyn, Queens, the Bronx, and Staten Island—contain some of the most expensive neighborhoods in the United States. This high cost makes buying a home a significant challenge, especially in popular…

Manhattan’s Real Estate Market Shifts Toward Buyers

Manhattan’s real estate market is seeing a major shift. Prices for apartments are dropping, and the number of unsold units is rising. This trend is making Manhattan more of a buyer’s market, giving people looking to purchase homes more power in negotiations. Here’s a deeper look into what’s happening. Apartment Prices Drop in Manhattan’s Real…

The Bronx Housing Market Struggles as Inventory Reaches New Lows

In March, The Bronx saw a significant decline in home sales, new listings, and overall inventory. This is based on a report by the Hudson Gateway Association of Realtors (HGAR). The report highlighted changes in single-family homes, co-ops, and condos. Let’s break down what happened and what this means for The Bronx real estate market….

The Rise of Hard Money Loans in New York’s Property Market

Are you planning on getting hard money loans? Real estate in New York is a dynamic field, constantly evolving under the pressures of market demands, economic shifts, and changing regulations. As one of the most competitive markets in the world, securing financing for real estate transactions here can be daunting. Traditional bank loans, while popular,…

10 Most Cost-effective Living Options in Westchester County, NY

Looking for an affordable city to move into in Westchester County? To compile this list, we thoroughly reviewed our recent Best Places to Live issue, annual public school rankings, and additional evaluations from Niche.com. We considered various factors, including median area income, home sale/rental prices, crime rates, teachers, and walkability. Whether you’re downsizing for budgetary…

Finding Affordable Housing in the NYC Metro Area: A Guide for Homebuyers

People moving to NYC should come with a dream, a good pair of walking shoes—and, depending on where they plan to live, a million-dollar salary. Six-Figure Salaries for Six Exclusive Neighborhoods Six neighborhoods in the city require homebuyers to earn seven figures to even consider making an offer on a tony address, according to new…