If you’re one of the lucky few who own a home in New York City, you might be one of those lucky few that has the luxury of being able to live at the top of the Real Estate market.
There are more than 100,000 properties on the market in New Jersey, California, Florida, New York, and Virginia, according to the Realtor.com.
While there are some great properties out there, the real estate industry has not grown as fast as it should over the past several years.
The industry’s popularity is being driven in large part by the massive influx of people who want to move here, which is why people are moving to cities in record numbers.
So, how do you know whether or not you should purchase a home on the upswing?
Below, we’ll help you decide if you should consider purchasing a property in New New York or a neighboring city.