The prestigious New York City lifestyle has become affordable for many buyers. The nation’s housing crisis sent real estate values into a tailspin and as difficult as that has been for many owners and investors who were unable to weather the crisis, it has been great news for buyers and those who are ready to invest. Affordability is at an unheard of level. The lowest prices in decades coupled with the lowest interest rates in history have brought the luxury of owning a Manhattan apartment to a level that is affordable for many buyers who had never before dreamed that they would be able to buy in New York City.
There is further temptation and urgency in the Manhattan apartment market as pricing begins to stabilize. Several New York markets outside of Manhattan saw significant price increases in the last quarter. Many buyers and investors will want to take advantage of this affordability before it is gone. This is welcome news if you make your living with a New York real estate license. Sales are up 100 percent in the first quarter of 2010 over the previous year’s sales numbers. This trend should continue to rise as buyers and investors make their move to cash in on the unbelievable values available in the New York real estate market.
There is additional opportunity in the New York real estate market for those who have considered a career in real estate. The housing crisis sent many real estate agents running, so the resurgence in business has left a void in professionals with their real estate license. New York real estate courses are available through online real estate schools and the necessary training can be completed in a matter of weeks. If trying a career in real estate is something that you have thought about, the timing could not be better. Before the summer is in full swing, you could be earning commissions that you never imagined. The state approved real estate license courses are available 100% online at RealEstateExpress.
The temptation in New York’s Manhattan apartment sales market is everywhere. There are opportunities for buyers and investors in New York City, and that creates opportunity for real estate licensees. After a rocky couple of years the New York real estate market is making its comeback and by the looks of things it will be coming back stronger than ever. For those licensees that made it through the housing market crisis, the rewards for the hard work it was to struggle through those dark days are finally here. People are jumping back into the real estate market with both feet. The affordability of the luxury of New York’s Manhattan apartment is a temptation that is proving too strong to pass up for buyers and investors looking to get the most for their money.
Want to find out if you have what it takes to be a Real Estate Agent or Broker? About The Author: Tom Davidson is the acting Director of Sales & Operations for Colibri Real Estate, LLC. Since 1996 the companies under this banner have offered online real estate licensing and insurance licensing courses as well as online real estate exam prep and insurance exam prep.