An article in The Real Deal discussed the fact that New York Real Estate is experiencing a major boom. In other words, real estate is hot. The luxury residences and commercial properties are attracting buyers that are eager to scoop up the prime real estate. However, this has led to a sharp dip in the number of prime real properties that are available. Certainly, this is a high demand market with declining properties for sale. Furthermore, the prices for the prime real estate are rising quickly. Still, buyers are willing to pay more for the luxury properties in one of the greatest cities in the world.
New York City Real Estate Market Trends
Statistics show that new residential developments are selling and closing fast. The prime areas include Manhattan and Brooklyn. Commercial properties are also a hot ticket item in the city. The number of prime commercial properties are dwindling rapidly while prices per square foot are rising.
Town Residential is one of the leading real estate firms in New York. They started at the top by offering their clients the type of service that caters to their specialized needs. This care and attention to their clients should keep them at the top of the industry ladder. Looking for prime real estate in New York? Contact them and they will take care of the rest, which includes matching you with the perfect property. The fact is that each member of their staff makes the client feel that they are special and they invest their time in satisfying the client completely.
Those that are in the market for a new commercial or residential property should contact the firm. Town Residential agents are very knowledgeable about the city and all the surrounding neighborhoods. They are the industry leaders in finding luxury residential and commercial properties that match the clients specific taste.