A big fear was recently averted when the Fed decided to postpone what seemed to be an imminent interest rate hike. We explore what record low interest rates might mean for you as you seek out purchasing an apartment in NYC.
The Mega Trend that is Challenging the American Dream
As the economy continues to improve across the United States, big cities are facing massive housing shortages. With more people moving to cities and staying in pursuit of careers and families, populations are outgrowing the supply of housing. This trend is having consequences on infrastructure and also making home prices run away from potential buyers.
