After several years of less-than-favorable real estate activity across the United States, home values and new construction have started to pick up in some of the nation's most essential regions.
In New York City, job creation is sparking recovery that may provide current and future residents with new work opportunities.
The combination of wealthy residents and a tight rental market has resulted in some astronomically high monthly payments in the Big Apple - some of these "super renters" pay as much as $60,000 a month, according to The New York Times.
With tensions tight and options low in the rental market, now might be the ideal time to buy one of the houses for sale in New York, NY.
In the Big Apple, it's not only students who get report cards - the schools themselves are evaluated each year as well.
Faced with a historically competitive rental market and an increase in people living alone, New York City Mayor Michael Bloomberg is suggesting something that many Manhattan renters have been fearing: smaller apartments.
People thinking of buying one of the houses for sale in New York, NY, will likely be encouraged by the recently announced plans for a new luxury shopping mall in the Bronx.
Powered by rising rents and historically low interest rates, multi-family properties in the Empire City are experiencing heightened interest, according to Crain's New York Business.
The Big Apple and Mayor Michael Bloomberg are working hard to ensure the city has a deep and replenishable supply of affordable housing options for its residents.
People hoping to buy real estate in New York, NY, might want to consider expediting the process, as both residential and commercial developers are showing invigorated excitement to acquire local property, especially in Brooklyn.