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July 2017 Archives

With the real-estate market at its peak, it's not time to buy

If you're interested in buying commercial real estate then you should know about the current state of real estate in New York. At the moment, real estate has come to a head with extremely high prices. Since prices have peaked, meaning that prices now are as high as they are likely to go, and they may even begin to dip. If you buy now, you could end up spending more than if you wait a short time before you invest.

What will the real estate market be like in New York this year?

With 2017 at the halfway mark, it's good to take a moment to look at the predictions for this year's real estate market. City Realty, for instance, predicted that 2017 would finally be the year where condos would drop in price. It would be the first time in five years that they would do so.

New York real estate market settles down in 2017

If you're interested in purchasing property in New York City, now may be the time. A report from July 6 says that the current real estate market has taken a plunge, so bidding wars and cash deals are becoming less common. Since the market has become less urgent, sellers are having to reduce prices more than in 2016.

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