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

… point there but it just doesnt exist says Win Brown of CORE NYC  So they start exploring other options For instance … Brooklyn spots like Bay Ridge as well as uptown into the Bronx where Riverdale is particularly awash in wellpriced … end up blowing your budget in a bidding war  Applying data science to the ultracompetitive world of NYC real estate at …

By Virginia K. Smith |August 31, 2017 - 8:53AM
How long do you have to own in NYC for your investment to be worth it?

… than snapping up some stocks or stashing cash in an index fund and it can take a number of years before potential price appreciation on your home outweighs the upfront cash you laid out in order to buy it In the New York Times buy versus rent …

By Virginia K. Smith |August 29, 2017 - 1:00PM
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 … to home ownership But considering that nearly twothirds of New Yorkers City residents are renters the American Dream trajectory just doesnt work the …

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)

… who are turned off by the onerous process of buying an apartment in NYC the coop rules the strict financials the … to 4 percent The bank didnt look at it as a secondhome purchase he writes because they didnt own their first … to the interest rate … Is your rent on your primary home cheap enough that you wont be too stretched … The author of …

By Lucy Cohen Blatter |April 7, 2017 - 9:59AM