buying a home in manhattan: 4th Quarter 2010 Manhattan Sales Market Report - 01/16/11 10:05 AM
The last quarter of 2010 in Manhattan real estate market will be known for the year of luxury as homes of $3 million and up and were popular sales in last quarter of 2010.Prices for Manhattan apartments continued to edge upward, as their average sale price of $1,432,787 was 8% higher than a year ago. This marked the sixth straight quarter that the average price has risen.While the number of recorded transactions fell 25% from a year ago, the fourth quarter of 2009 was uncharacteristically busy due to pent-up demand after the collapse of Lehman Brothers had frozen the market earlier … (0 comments)

buying a home in manhattan: Buy vs Rent ... What should I Do? - 06/14/08 10:27 AM
As a agent in the Manhattan real estate market I am often asked if one should rent or buy.
If one has a good credit score, a maximum debt-to-credit ratio in the mid 40's, can document their income and are liquid equal to 3 months to 36 months of payments then yes, one should consider buying.
If one has good credit, makes a salary equal to forty times the monthly rent, but don't have a great deal of income, then they may wish to consider renting.
Below is a calculator which can help you to decide what type of home you … (0 comments)

 
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Ross Ellis

Manhattan, NY

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Halstead Property, LLC

Address: 770 Lexington Avenue, 10th Floor, New York, NY, 10065

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