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Here’s How Long the Average New Yorker Has to Save Up for a Down Payment in NYC Neighborhoods in 2019

Whether you’re a renter or a homeowner, living in New York City doesn’t come cheap. Renting is becoming more and more expensive, which is why many New Yorkers are thinking of buying their own place. That’s not as easy as it sounds, as home prices in the city can reach sky-high levels. Opting for a mortgage seems like the best option, but saving up for a down Payment can take some time. We’re looking at how long it would take the average homebuyer to save up for a down payment in 100 Nyc Neighborhoods.



This post first appeared on PropertyClub Real Estate, please read the originial post: here

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Here’s How Long the Average New Yorker Has to Save Up for a Down Payment in NYC Neighborhoods in 2019

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