Currently in the Housing Market…

In a city like New York, housing is always in high demand. There are currently over 3 million housing units available, and of those, almost two-thirds are rentals. The rental market and the sales market are intrinsically linked, and everybody knows that the rental market has been insane this past year. If you're looking to rent an apartment, you should be aware of how competitive it has been and how high the prices are that people are actually paying every month. While the market may fluctuate, one thing is for sure: in New York City, housing will always be in high demand.

Time to Start Planning YOUR Future

As a renter, you may feel like you're stuck in a never-ending cycle of making someone else's mortgage payments. But it doesn't have to be that way! If you start planning now, you can be on your way to owning your own home in no time. Six months into your twelve month lease is the perfect time to start the process of buying a property. Prior to that work with a professional real estate agent to understand the process and start taking the steps required to have your ducks in a row. It's a much better investment than continuing to pay high rental rates, and with the right planning, it's achievable.