How can a millennial without a trust fund afford to buy in NYC?

… While one does occasionally hear stories of New Yorkers under the age of 35 whove managed to buy their own apartments the backstory usually involves an … charges that are well below $1000month says Roberson However you might find wellpriced condos in areas like Upper …

By Virginia K. Smith |August 31, 2017 - 8:53AM
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 … from coops and condo boards turn off and disqualify many buyers plus theres just a lot more rental housing stock … again all in the last four yearsto find out more about how the buyingversusrenting conundrum plays out in this city …

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 … 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 time which …

By Alanna Schubach |April 6, 2017 - 3:59PM
Is there one right way to save for a down payment?

… If youve even done some casual research into buying real estate for the first time youre likely all … of dollars needed this leads to a natural followup question How  should you be saving The simplest course is to get into

By Virginia K. Smith |April 6, 2017 - 11:59AM