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

… stories of New Yorkers under the age of 35 whove managed to buy their own apartments the backstory usually involves an … for a down paymentbut for the majority of young wouldbe buyers that kind of influx of extra cash simply isnt in the … mortgage and building costs often arent much different than what youd be paying in rent theres unfortunately no getting …

By Virginia K. Smith |August 31, 2017 - 8:53AM
In defense of renters: Why buying isn't always the right decision

… only be achieved when you actually  own your home and that renting should just be a temporary thinga brief detour on the way to home ownership But considering that … hear about New Yorkers who pay fivedigitsandup rents each month Why dont they just buy for that money  they ask The …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM
Is there one right way to save for a down payment?

… that the biggest obstacle facing most firsttime buyers is come up with the down payment  And if youre working … followup question How  should you be saving The simplest course is to get into the habit of saving a healthy portion … transfers themselves advises Robbie Gendels of National Cooperative Bank fyi a Brick sponsor But while there are some …

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