That's a great question, and it's one I happen to be asked all the time. There are numerous elements of this question which really have to be considered. Are you asking about seasonality? For instance, is it better to buy in the winter time as opposed to the summer time? Or are you simply asking about the current state of New York City's real estate market? Let's address all these questions here.
Buying a property in New York City is not getting cheaper any day soon. As you start considering purchasing your first apartment, you might come to the realization that you might be in need of some financial help from your parents. There is absolutely nothing wrong in asking your parents for help. You likely want to stop flushing money down the toilet in rent and start getting all the amazing benefits associated with apartment ownership.