Do not let the allure of a beautiful home distract you from considering all the variables when purchasing property. While It can be difficult to step back and look at the exogenous conditions in the marketplace when consumed with site visits, price comparisons, and eager salesmen, it could prove to be disastrious if you do not do your due dilligence.
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All good things must come to an end.
Low interest rates have made real estate a buyer's market for some time now, but this window of opportunity may be closing sooner than anticipated.
Let's discuss why interest rates were so low in the first place, as well as why we can expect them to change in the near future.
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For a place widely regarded as being the vanguard of trendsetting and tastemaking, New York City, so far, has been uncharacteristically behind the times on what is undeniably the biggest economic opportunity of late: technology.
Fortunately, Michael Bloomberg decided to do something about it.
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