How long do you have to own in NYC for your investment to be worth it?

… a number of years before potential price appreciation on your home outweighs the upfront cash you laid out in order … the housing market gets distilled into one thing Its up Its down Its a buyers market Its a sellers market says Jonathan … take 31 years to recoup costs In Morningside Heightswhere prices are lower than the rest of the borough but …

By Virginia K. Smith |August 29, 2017 - 1:00PM
In defense of renters: Why buying isn't always the right decision

… and that renting should just be a temporary thinga brief detour on the way to home ownership But considering that … again all in the last four yearsto find out more about how the buyingversusrenting conundrum plays out in this city and how the pros and cons stack up against each other … This …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM
Thinking your first home purchase should be outside the city? You're not alone (but read this first)

… Sometimes buying in the city is just out of reachor too large a financial commitment to make especially if youre not sure youre staying put to … from the city But there are several things to consider … How will the mortgage work  … The author of the piece says …

By Lucy Cohen Blatter |April 7, 2017 - 9:59AM
What can I afford? After a stint in the suburbs, a buyer contemplates NYC pied-à-terres

… To be clear This weeks subject for our What Can I Afford column isnt your classic firsttime buyer He is however looking to buy in the city for the first …

By Alanna Schubach |April 6, 2017 - 3:59PM