Senior Vice President
The Corcoran Group
RAFELLO ROSENBLOOM TEAM
You've gotten some good explanations from the others. I have the advantage of being a part of the #2 Realty network in North America, so we reach people all over wanting to relocate or invest in NYC. It is always best to work with a NYC broker to help you with real time info that I have access to which goes beyond the listing sites. A buyer needs and should have representation protecting their interests since the listing broker has a fiduciary responsiblilty to his client, the seller only, to get them the highest price possible. And, it's all free to you! I can explain more if you'd like to talk, feel free to contact me for an honest and obligation free talk - just informative. 917-887-5899
I look forward to being of service if you need help!
Prudential Douglas Elliman
Forget what you hear in the news. There is no surplus inventory. If you still think it's a buyers market here, that would be an erroneous thought. Good luck.
extremely low interest rates coupled with high rents have pushed many to buy rather then rent. Why pay off your landlords mortgage when you could pay off your own is the new trend in the city.
This said there are still great apartments and townhouses at all price points to be found in NYC if you have the right real estate professional.
There are many advantages at working with a professional and the best part of it is that in most cases brokers fees are paid for by the seller. So why go at it on your own!
I have access to over 95% of all apartments for rent/sale in NYC and would love to assist you in your search. Could you please tell me a little more about what you are looking in terms of location, budget, amenities, pets, etc. This will help me narrow down the search quite a bit and save us a lot of time.
Feel free to contact me directly by phone or email. I look forward to answering any and all of your questions.
Have a great day!
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As Manhattan's real estate leaders we will find more New Yorkers homes then anyone else!
You will also want to examine your budget and neighbourhood choice to open up some other possibilities in choice.
You now have the opportunity to search approximately 20,000 exclusive listings, representing the entire database of residential listings available through the membership of the Real Estate Board of New York (REBNY).
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Read: How to Buy an Apartment in Manhattan and Get the Best Interest Rate
SVP/ Associate Broker
Rutenberg Realty NYC
Unfortunately NYC is not alone, it looks like inventory shortage is nationwide. E.g. here in SF Bay Area, California, inventory is down 40% or more compared to same time one year ago. I wrote a blog yesterday on this issue, see here: