We are moving from a buyer’s to a neutral market. Buyers (especially those buying all-cash) still have the advantage. Rental yields are high as rents are at record levels. It’s a good time to buy Manhattan property now if you are a cash buyer and especially if you plan to rent out the property. Properties on the market are negotiable while rents are at record levels.
Read the full article here: Is now a good time to invest in Manhattan, New York residential property?
About:
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums. Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market. Wei Min can be reached at tan@castle-avenue.com
No comments:
Post a Comment