In this episode, John and Jonathan are covering how different financial profiles can make purchasing NYC real estate easier or harder.
What Makes It Easier To Buy NYC Real Estate?
- W-2 Income
- Cash Buyer
- Purchasing a property as a primary residence
What Makes It Harder To Buy NYC Real Estate?
- Purchasing a property as a pied-a-terre
- Having a high debt-to-income ratio
- Having low post-purchase liquidity
- Having a largely fluctuating income
- Co-purchasing, guarantor, parents buying for children, etc.
- Being self-employed or an entrepreneur
Why We Host This Podcast:
We have been in this business long enough to know that knowledge is power. That’s why we conduct an in-depth analysis of the Manhattan real estate market every month, quarter, and year and provide an easy-to-understand synopsis of the full report in several different formats – all so you can stay informed.
Our team of experienced real estate professionals closely monitors market trends and provides our clients with the latest and most relevant information available. With this information, our clients are able to make informed decisions about buying and selling properties in Manhattan, which helps them stay ahead of the curve and make the most of their real estate investments.
Understanding the trends and changes in the market can help you make informed decisions. You gain insights into supply and demand, pricing, and market conditions that can influence the value of your property. Just by being aware of market trends and conditions, you’re better off than most other buyers and sellers, and you can make strategic moves that can lead to a successful real estate transaction.
If you’re considering buying or selling a Manhattan property, now is the time to take action. Our team of expert real estate agents and brokers can help guide you through this market, leveraging our extensive knowledge and experience to help you make informed decisions.
So, why wait? Reach out to us today and let us help you achieve your real estate goals!
You can find the Real Talk NYC Real Estate Podcast on Youtube, Apple Podcasts, Spotify, and everywhere else you listen to your podcasts!
Have a question you’d like us to discuss? Just reach out.