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

… to explain the popularity of our citys market with foreign buyers looking for places to stash their cash And in large … to be less volatile than real estate in other cities But buying an apartment is a lot more complicated than snapping … Samuel  But in reality its very fragmented This point was most recently demonstrated by a map from Bloomberg and …

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

… 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 and how

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 … of his clients who are turned off by the onerous process of buying an apartment in NYC the coop rules the strict … 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

… 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 as anyone familiar … says that a fiveyear adjustable rate mortgage makes the most sense For these types of mortgages the interest rate is …

By Alanna Schubach |April 6, 2017 - 3:59PM
Any regrets? A check-in with a first-time buyer who chronicled her agonizing apartment-hunt for Brick

Buying an apartment in NYC can be so complex an … that can come up Yesterday we launched a new column Rookie Buyer featuring our former Rental Rookie writer whos now on the hunt for an apartment to buy While we await how her hunt plays out lets revisit the adventures of …

By Lucy Cohen Blatter |April 6, 2017 - 12:59PM
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 too aware that the biggest obstacle facing most firsttime buyers is come up with the down payment  And if youre …

By Virginia K. Smith |April 6, 2017 - 11:59AM
Looking for an under-$400K apartment? Believe it or not, we've found some in every borough

… Ready to stop renting but dont know how youll ever manage to pay for your own apartment in NYC In honor of FirstTime Buyers Week here at Brick Underground weve highlighted 10 …   … You Might Also Like … viewbublogpanes=ymalinline   … Buy … First-Time Buyers Week … Price Check … Looking for an …

By Leah Hochbaum Rosner |April 6, 2017 - 9:59AM
Real-life buyers on the mistakes they made and what they learned from buying in NYC for the first time

… and learn But in New York City you could easily tweak it to buy and learn Purchasing property here is an expensive and … advice are those whove gone through it Below firsttime NYC buyers share their real estate wisdommistakes and all … The … records Find out when everything has been replaced Find out how old the boilers are Ive had such a disaster with my …

By Lucy Cohen Blatter |April 6, 2017 - 8:59AM