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Current Housing Marketing New York Cit

New York City is one of the most progressive cities around the world and comes with an expensive housing market. However, COVID-19 you can expect the median home price in NYC to be a lot lower for at least the next twelve months.

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Current Housing Marketing New York Cit

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  1. Current Housing Marketing New York City

  2. New York City is one of the most progressive cities around the world and comes with an expensive housing market. However, due to COVID-19, home prices are on the decline.

  3. New York City Housing Market 2020 • The first quarter of 2020 was competitive for home shopping, benefiting both buyers and sellers. When Covid-19 hit NYC in March, the housing market plummeted to all-time lows.

  4. New York City Housing Market Prediction for the Rest of 2020 • Expect the median home price in NYC to be a lot lower. Houses decreased by 0.8% across all homes on the market but are expected to bounce back 3% over the next 12 months.

  5. Buying a House in NYC: What Credit Score Do You Need? • cores of 700 to 740 are solid, with most loan options available. Once your score dips below 700 you’ll find that fewer loan options are available and unpleasant interest rates

  6. What Credit Score Do You Need to Rent in NYC? • Most NYC landlords look for a minimum credit score in the range of 650-700.

  7. Common Mortgage Types • Conventional Mortgage • FHA Loans • VA Loans • USDA Loans

  8. Living in New York City is expensive, but with the right credit score, it could be worth it. With COVID-19 you can expect the median home price in NYC to be a lot lower for at least the next twelve months.

  9. Presented By: The Phenix Group https://thephenixgroup.com/current-housing-market-in-new-york-city/

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