DIRS.INFO The most relevant business & tech news

☆ I'm a New York City broker. Here's my advice for buyers and renters looking to land the best deals in a volatile market.
▼ + stars: | 2023-01-06 | by ( Ameena Walker | ) www.businessinsider.com time to read: +6 min

A few months ago, New York City's real-estate market was on fire, with no signs of slowing down. But that's changed as inflation continues to rise, federal interest rates spike, and construction costs climb — making it extremely expensive to purchase a home. I can't say I didn't see this comingThe market frenzy earlier in the year was largely driven by lower interest rates making home ownership more affordable. The real-estate market requires flexibility and patience, so that's what I'm focusing on right now. Time has repeatedly shown us that the real-estate market is cyclical, and at some point, it will turn, for better or worse.

☆ Looking for a ‘Real’ Two-Bedroom in Manhattan or Brooklyn. Which Borough Offered More for Their Money?
▼ + stars: | 2022-10-20 | by ( Debra Kamin | ) www.nytimes.com time to read: +2 min

Ms. Gaither, 31, who grew up in Akron, Ohio, and has lived in New York for over a decade, is a recruiter at Google. “I was team Brooklyn and he was team Manhattan,” Ms. Gaither said. Ms. Gaither, who prefers older buildings, was undeterred by the prospect of a small renovation, and was partial to several areas in Brooklyn. “We were elder millennials in Williamsburg, with warring rooftop DJs starting at 2 p.m. every Saturday,” Ms. Gaither said. The couple has a 3-year-old rescue dog, Sadie, and during the pandemic Ms. Gaither began fostering dogs, as well.

☆ This 27-year-old saved for years to rent her first apartment — a $1,850-a-month 'dream' loft in Yonkers
▼ + stars: | 2020-12-28 | by ( Cory Stieg | ) www.cnbc.com time to read: +3 min

Since college graduation, Denise Francis had been saving up to move out of the two-bedroom apartment in Brooklyn where she lived her whole life. "Now, at the age of 27, I was finally able to move into that dream apartment," Francis tells CNBC Make It. "Instead, I used all those years to continue saving," Francis says. By 2020, thanks to a salaried job and a recent promotion, Francis had saved $20,000, enough money to cover about a year's worth of rent. Typical monthly rent in Yonkers is $2,191 a month, according to data from Zillow shared with CNBC Make It.

Search resuls for: "Park Slope"

3 mentions found