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Category: Recommendations

BARNES New York can help you with your Real Estate projects, but also assists you with any part of your Lifestyle! Read our various recommandations, in New York and beyond. We will tell you about great addresses in the city, things to do, activities to join, and much more!

What kind of housing is available in New Jersey? 

When most people talk about the state of New Jersey, they usually refer to it as New York’s sibling, a small state that mostly has value because it is so close to the Empire State. But that couldn’t be further from the truth, especially when it comes to housing in New Jersey.

The truth is that New Jersey has a slew of great features, locations, businesses, and stunning vistas that can only be found there. It’s so much more than a state that is just close to New York, it is a great location to start a company, settle down, create a family, and enjoy your golden years of retirement. 

Since its admittance to the union back in the 1700s, New Jersey has actually been one of the most popular states. Millions of people move there every single year, looking to make a new start in a state that has brought success to so many others. That means that the real estate market in Jersey is always bustling and offers excellent business opportunities.  

Because of all that attention and the way that people seek out New Jersey, it is sometimes hard to find a good place to live when making the move. That is why you should know a few things about the state before you pack up and plant your flag there. You should be aware of what housing and properties are available for you and your family, and you should also be aware of the prices for them. 

Let’s take a deeper look at all that New Jersey has to offer and give you a good idea of where you will be living when you make the move to the Garden State.  

Why move to New Jersey? 

There are in fact so many reasons to move to New Jersey. Beyond its premiere location on the eastern seaboard of the United States, Jersey is also a wonderful place to raise a family. It is home to a great number of employers and businesses, and also offers a lot of ways for people to start their own businesses.  

New Jersey is also gorgeous with many great state parks, offering greenery and many outdoor activities.

But if you are planning to move to Jersey, you need to know what sort of residence you will buy. And when it comes to that, there are quite a few options.  

What Housing & Properties can you buy in New Jersey? 

You will have quite a selection to choose from when you are looking for housing in New Jersey depending on the sort of homes you’ll be living in. Let’s take a deeper look at some of the most popular places that people buy when they are making the move to New Jersey. 

Condos 

Many New Jersey residents make their homes in condos. For years now, this has been one of the most ideal ways to live a more urban lifestyle. According to Redfin, there are many condos in the state that are selling for upwards of $2 million, although you can also find a condo that will sell lower than that, with a median sales price of $639,500. 

Condos are a great choice for smaller families or up-and-coming single people. New Jersey’s condos are also very attractive for those in various business sectors, including the blossoming tech industry that is high-paying and often requires a commute into the city. Because of that, you will find that many of the best condos in the state are in the biggest cities, such as Union City, Jersey City, Hoboken, and others.  

Townhouses 

A townhouse is a good choice for any family that is looking for housing in New Jersey. Much like an apartment, they are usually built within a complex filled with other townhouses. But they are high quality and large and many people spend decades living in a townhouse. 

Townhouses are more expensive than apartments. You can find a good number of townhouses in New Jersey that are selling for close to $300,000. The average price for most listed New Jersey townhouses are typically about $320,000. This is a sizable investment but it’s also the sort of residence that you can spend years and years in. 

Gated Communities 

Why would you want to live in a gated community in New Jersey? For a number of reasons but mostly because the homes in these communities are expertly made, gorgeous to look at, and offer a quality living environment. Gated communities are just that: communities that remain behind stable walls. For that sort of security and stunning workmanship, you will usually be paying over $1 million for a spot inside a gated community. But with that price, you will get a lot of great value and very modern properties.

Single Family House 

According to 24/7 Wall Street, the value of a typical single-family home in New Jersey is about $500,000, which is towards the high end when compared to other states in the union.  

With a real estate market that is on the grow and always busy, you will have plenty of homes to choose from when moving to New Jersey. While the price might be higher than it is in other parts of the country, it’s a very smart investment because New Jersey is such a popular and promising state for anyone wanting to stay close to the city while enjoying a less dense environement.

Summary 

New Jersey has remained one of the most beloved and popular states in America for decades now – and for good reason. If you and your family are ready to make a home for yourself in the Garden State, you should contact the experts at BARNES New York. We have long studied real estate markets all over the tri-state area and we are ready and eager to help find a place in New Jersey that is gorgeous, comfortable, and completely yours.  

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What are the best real estate brokerages in New York ?

New York City, the most populous city in the United States, is famous all over the world. With endearing nicknames like “The Big Apple” and “The City That Never Sleeps,” NYC is a location that will never go out of style when it comes to buying and selling real estate. As a result, the demand for properties is perpetually high—among some of the highest worldwide. One the best real estate brokerages, BARNES New York, is here to assist in navigating the complexities of this unique city.  

During the earlier stages of the Pandemic, real estate agents were unable to work as effectively, if at all, and sales dropped by 54.1% in Manhattan; however, toward the end of the year, New York came back to life, and buyers have come back strong. However, this poses a challenge for individuals searching for the right place for them, as the demand may be higher than the supply. 

The BARNES New York branch is prepared to provide services for buyers looking to invest in NYC both locally and from afar. This branch has over 10 years of experience and is dedicated to providing reliable services to clients without breaking the bank, hence its reputation as one of the best real estate brokerages. In addition, our multilingual team is ready to assist you with your real estate needs, regardless of your current location. 

Why should I buy in NYC?  

Individuals looking to invest in luxury properties should consider New York City as a strong option, as the “City so Nice They Named it Twice” will also never go out of style. Countless attractions are easy to get to via subway, such as Broadway shows, sporting events, and world-famous restaurants.  

While the pandemic may have negatively impacted the market, prices are now back to their baseline, which allows wealthy individuals to invest by purchasing a home in the city that could be used as a rental property for extra income or even as a vacation home! The real estate companies of New York know the value of the city, as it continues to increase in population, despite its relatively small size. 

One of the unique features of NYC is that it is a popular destination for vacationing at all times of the year. Summers are mild, and there are plenty of opportunities to travel on foot and visit beautiful parks and restaurants. New York is also popular in the winter, especially around the holiday season, as it is known for its vibrant decorations and traditions. As a result, a buyer looking to invest in a luxury property will likely have an excellent return on investment, regardless of how the property is utilized. 

There are two images, the one on the left shows an overhead view of New York with the magnificent Empire State Building on a sunny day, and the one on the right shows a wide avenue with trees.

Why should I hire a Broker in New York? 

Real estate companies in New York are basically a dime a dozen. While real estate agents can be extremely useful to those looking to purchase luxury homes, we recommend utilizing a brokerage company, as brokers tend to have more experience compared to real estate agents alone. While both brokers and real estate agents are licensed to assist with the buying and selling of property, brokers receive additional training to earn a broker license. 

More specifically, a broker can help you find the type of place you’re dreaming of in NYC. The buyer provides information on the type of space they are looking for and any stipulations regarding amenities, location, number of rooms, etc.  

Although New York is extremely popular, real estate can be challenging to navigate, especially with all of the different neighborhoods the city has to offer. As the value of properties in NYC increases, the number of places available for purchase decreases. Our agents at BARNES are familiar with the differences among the city boroughs and can help guide you to places that fall within your parameters of interest. This is the reason why the agency is one of the best real estate brokerages.

While some properties can be researched online, it can be both challenging and time-consuming to find what you’re looking for independently. The BARNES New York team has over 10 years of experience in the city and is ready to assist you with your real estate needs so that you can find the perfect purchase for you.  

Why choose BARNES over other real estate companies? 

BARNES is an international company dedicated to helping you find luxury properties all over the world. While other real estate companies are often limited to particular regions, BARNES manages luxury real estate in 15 different countries.  

Although BARNES has numerous agency locations, we are strongly based in France and pride ourselves on assisting customers with multilingual services. In addition to our Paris location, we have plenty of offices in other major cities, such as New York, Barcelona, Geneva, and London. As a result, individuals who are interested in purchasing or selling properties across the world can feel confident utilizing our services, regardless of their location at the time of the transaction. It is this internationalization that makes Barnes a very good brokerage.

BARNES offers a variety of services for our French clients as well as clients of other nationalities. This standard is upheld in our NYC office for any buyer looking to expand his or her real estate to The Big Apple. 

What kinds of services does BARNES have to offer?  

Clients looking to buy, sell, or rent properties can utilize the expertise of BARNES agents to help with a variety of needs. Whether you want to manage your property for renters, invest in a commercial property, or sell your vacation home to relocate to another country, we provide services to help you feel comfortable and confident with your decisions. 

In addition, BARNES is here to help you manage your property. We provide advice for charging rental fees that will make you the most money and are even able to advertise your property to help you acquire tenants as soon as possible. BARNES is also available to collect rent, begin eviction processes (as needed), and manage the property’s day-to-day maintenance and financial needs. 

Are there any other special services?  

Our services are unique compared to other real estate agencies in New York. For example, BARNES Yachting can assist clients with making informed decisions and plans for chartering a yacht. Clients looking to buy, sell, manage, or even create a yacht of their own would benefit from having BARNES on board. 

Another interesting perk of choosing BARNES is the ability to have your air travel needs, or even your aircraft, managed as well. BARNES Private Aviation department allows for truly luxurious travel, with options for flying within your own time constraints to the location of your choice. In addition, we offer our clients’ transportation to and from the aircraft before and after reaching the desired destination.  

Additionally, we offer support for individuals interested in purchasing a vineyard. While the wine industry can be complex, our agents will help you find the right vineyard for you and provide support for navigating vendors and brands within the field so that you can build your business effectively. Purchasing a vineyard is a large investment; our agents are here to help you feel confident in your decision-making. 

Many patrons who visit or live in New York City also have a passion for the arts. BARNES Art Advisory offers support for individuals looking to buy or sell works of art. We can even assist with the transport and installation of works of art. We are passionate about the art industry and even have a showcase in our New York office.

There are four pictures which represent the extra-activities proposed by BARNES : yatching, iXAir, Art Advisory...

What makes BARNES different from other NYC real estate companies in New York? 

BARNES has been working in the United States for over 10 years and is commissioned to offer specialized services for properties across NYC. Our team of experts is truly multilingual and consists of brokers and agents who can speak English, French, Spanish, Italian, Portuguese, Russian, Greek, Serbian, Croatian, and Mandarin.  

That means you can feel comfortable managing your New York City property from the comfort of your home in France (or anywhere else in the world) with no need to worry about language barriers. We combine the knowledge and skills of international agents and local agents to meet our clients’ needs. This is what contributes to the reputation of our agency as being one of the best real estate brokerages.

In addition, we are available to help you effectively manage your investment from abroad. Our agents can represent you from afar through our customized services so that you can manage your property without leaving home. 

For those looking to sell property in NYC, BARNES will help you find your buyer without any stress. Given our wide range of offices, BARNES has connections worldwide and the ability to showcase your property both domestically and internationally. Additionally, we provide rental management services for those looking to make a commission off of their luxury investment.  

Overall, BARNES New York is an excellent choice for individuals looking to invest. Whether you are trying to buy or sell a home, invest in a field you are passionate about, or explore the world, BARNES is here to assist and can be utilized for multiple real estate needs. Luxury property can still be affordable, and we are ready to help you find your dream home in NYC and abroad. 

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What is the housing price in Brooklyn?

For aspiring homebuyers, New York is an ideal place to invest in. Besides being known for its incredible sights and sounds, New York also offers an abundance of historical estates for those who want their homes to have character and charm. On the other hand, a previous look at ’Buying New Real Estate Development in New York’ has also shown how brand new buildings and modern apartments come with the advantages of convenience and upgraded amenities. In this article, we will learn more about housing prices in Brooklyn.

Regardless of which type of property you want, Brooklyn is a particularly popular option among the five boroughs in New York. Its residential areas are characterized by a blend of history and modernity, while still retaining the strong sense of community that’s otherwise lost in urban living. As such, here’s what you need to know and expect about housing prices in Brooklyn.

What is the current housing market like?

Since New York is a densely populated city, many find the housing market to be fairly daunting. However, as an article by Curbed on housing market expectations for 2023 notes, home prices in New York have fallen slightly to 6.3%*. Compared to the previous year’s record-high rates, interest rates are also forecasted by real estate expert Jonathan Miller to fall just below 6%*.

* Data from Curbed “What Should New York Homebuyers Expect in 2023?” by Adriane Quinlan.

Specific to Brooklyn, data from PropertyShark states that the median home sale price is $769K, indicating a 3.8% year-over-year decrease. Meanwhile, the median price per square foot saw a 7.4% year-over-year change at $890.*1

*1 Data from Property Shark “Brooklyn Real Estate Market Trends”

Which factors affect housing prices?

One of the main factors which affect housing prices is the age of the property. While older, more run-down apartments are generally cheaper, it’s a different story when the apartment that you’re eyeing is landmarked for historical preservation. Brand new apartments will of course be relatively more expensive, but the price increase may vary depending on the upgrades.

Another factor that can significantly influence the cost of an apartment is its location. Prices can be steep when properties are close to shopping centers and public transit, and Brooklyn is connected to Manhattan by several rapid-transit tubes. Appraisers also look at the neighborhood comp and nearby employment opportunities when determining housing values.

Which Brooklyn neighborhoods can I look into?

The right Brooklyn neighborhood for you may depend on your budget and the type of apartment you’re looking for. For example, DUMBO (Down Under the Manhattan Bridge Overpass) has several industrial and warehouse complexes that have been transformed into luxury residential lofts over the years. It’s a trendy neighborhood where business, art, and leisure meet, and where 1-bed, 1-bath condos start at $995,000.

For those in search of an area that’s rich and brimming with history, try looking into Brooklyn Heights. The New York Times has written about how this neighborhood is becoming increasingly coveted these days — not only due to celebrity sightings but also because of its picturesque streetscapes and historically rich architectural styles. If you go through our official property finder for Brooklyn Heights, you’ll find that 1-bed, 2-bath condos start at around $105,000. However, large houses along Fifth Avenue that boast over 15,000 square feet of living space can go up to $80,000,000.

While median prices in Brooklyn are slightly higher than median prices in New York as a whole, BARNES New York is here to help you find the best possible offer for the apartment that meets your budget, needs, and lifestyle ambitions.

You can choose to view the website first for our wide range of property listings before our agents who are equipped with real estate knowledge and negotiation skills reach out to you. We can also help clients locate properties with cost-efficient utilities in order to maximize their investment and save costs in the long run.

by Reese Jones

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In the Media – Interview of Yann Rousseau by French Morning

What is the real estate market like in New York and its surrounding areas in 2023?

Read this article on the current state of the New York real estate market by French Morning. In this article in French, Yann Rousseau, Managing Partner of BARNES New York, gives his insights on the state of the market as well as the most sought-after neighborhoods in the city and the financial stakes behind a purchase.

Read the article on French Morning:

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Who are the best real estate agents in New York?  

New York City is bustling with opportunities for the buying and selling of property. It can be overwhelming to navigate the market, and finding the right real estate broker for you may prove to be a challenging task. Buyers want to ensure they are receiving top-quality service from their real estate agent and getting the best return on their investment. BARNES New York has some of the best real estate agents in New York City and offers a plethora of services to our valued clients.  

The luxury real estate niche is booming in NYC. Buyers looking to invest in high-end properties should consider finding a real estate broker specializing in luxury properties, as there are factors to consider that may not be as relevant with other types of transactions. We are a real estate company that assists clients with buying, selling, and managing luxury properties in the New York area as well as all over the world, and we offer a multitude of experienced real estate brokers to assist you with navigating the market. 

BARNES is an international, multicultural company equipped to assist buyers living in France, the United States, and other nations with the complex needs of working with luxury properties. We offer the best real estate agents in New York because we have a specialized team with diverse backgrounds, education, cultures, and experiences worldwide. 

What types of experiences do BARNES real estate agents have?  

Our BARNES New York team has been established in New York City for over 10 years. Although this branch is relatively young, many of the team members have extensive experience with property transactions around the world. For example, our managing partner, Yann Rousseau, has completed over 350 transactions since 2013, and some of our agents have over 20 years of experience working in real estate. Our long-standing dedication to the field helps us to provide outstanding service to our clients. 

In addition, our BARNES New York & Westchester team brings a wide variety of educational backgrounds and experiences to real estate transactions. Several of the team members have graduate-level degrees in subjects such as law, environmental engineering, and international affairs. These diverse backgrounds inform our negotiations and provide a unique framework for approaching real estate.  

BARNES values relevant experience outside of the field of real estate that can directly impact the quality of a transaction. We believe that we have some of the best real estate agents in New York because we offer services from professionals with a variety of experiences who are well-traveled and well-versed in luxury fields. In addition, our team members have lived in and traveled to many different countries and are used to being engaged in multicultural environments.  

We have team members who have worked with international organizations consistently for the past 25 years. We also have agents with experience in luxury product sales, finance, and travel consulting. Having a diverse range of knowledge and experiences allows BARNES to provide optimal service to our clients. 

How does BARNES provide outstanding service for clients?  

Our agents are passionate about their work and are focused on keeping our clients satisfied. While some real estate brokers solely focus on property transactions, BARNES associates are concerned about all aspects of property management that are important to our clients. We take pride in helping the client get the most out of each investment and have the specialized experience to excel in the navigation of international luxury properties.

BARNES is not simply a company of real estate brokers—we also offer additional services for the acquisition and management of luxury items, such as yachts or private aviation. A major benefit of choosing BARNES is the ability to utilize multiple services without having to be involved with more than one company. BARNES is here to assist you with buying, selling, and managing your luxury properties as well as other high-end investments so that you can feel secure. 

Aerial view of New York under sunset where we can see the Empire State Building.

What makes BARNES unique compared to other real estate brokers?  

New York is a big, thriving city with thousands of residents and countless real estate brokers. BARNES New York is unique in that we have a relatively small team of specialists. We believe that quality is more important than quantity, and we have chosen our team of 26 agents based on their passions, education, and experience with international luxury real estate. 

Buying property internationally can be really stressful, especially if you live quite far from the property you want to purchase. At BARNES, you’ll be able to find a real estate agent who understands how to work with people from all over the world. Many of our real estate brokers are multicultural and have lived in several places around the world in addition to New York City. For example, several of our agents were born in France, and many of them are multilingual. In fact, the many languages spoken at BARNES New York include French, English, Spanish, Italian, Portuguese, Russian, Greek, Serbian, Croatian, Hebrew, and Mandarin Chinese. The comfort of communicating with your real estate broker in your native language is sure to ease some of the stress of making such a significant transaction. 

While we know there are many options when it comes to real estate agents in New York, BARNES is the perfect choice for your international luxury needs, as we offer real-world experience, multicultural and multilingual competency, and a variety of educational backgrounds.  

Many of our real estate agents have lived in New York City for 10 or more years and are passionate about serving the community. We have experience with investment in our own communities and are dedicated to providing service that meets each client’s individual needs. We are ready to support you with your luxury items and are here to provide professional guidance so that you can reap the greatest rewards from your investments.  

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In the Media – Interview of Yann Rousseau in MySweetImmo

Want to know more about the New York real estate market ?

Read this article or listen to the podcast by MySweetImmo. In this article/podcast in French, Yann Rousseau, managing partner of BARNES New York, gives his insights on the state of the market as well as the most sought-after neighborhoods in the city and the financial stakes behind a purchase.

Read the article or listen to the podcast on MySweetImmo:

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In the Media – Hell’s Kitchen by LePetitJournal

Want to know more about the neighborhood of Hell’s Kitchen ?

Read this article by LePetitJournal, presenting the history of Hell’s Kitchen as well as its most famous residents. This vibrant neighborhood is full of trendy restaurants, coffee shops, stores and clubs which are all presented in this article. Finally, you will find a sum-up of the area’s real estate prices.

Read the article on LePetitJournal:

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In the Media – The fall of Wall Street is causing a wait-and-see attitude in New York

What impact did the fall of Wall Street have on the real estate market ?

This question is answered in a recent article by Les Echos. Véronique Le Billon is presenting the challenges faced by the New York real estate market in regard to the financial turbulences which are causing a rise of the interest rates and an undeniable risk of recession. In this particular article, real estate specialists, including the Managing Partner of BARNES New York, Yann Rousseau, give their insights on the current situation and the opportunities to come.

Read the article on LesEchos:

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What are the regulations for buying a property in New York? 

With its shining lights, skyscrapers, and mix of cultures, New York surely is the place to live. There are plenty of NYC apartments for sale currently, so choosing which to buy is up to you! Buying a new property in New York can seem daunting, as it is a long process with many obstacles throughout. However, this process can be made easy by being aware of all rules, regulations, and steps to take when buying a property in New York.  

Being aware of the regulations that come alongside buying and selling a new house can make the proceeding go much smoother. Knowing what is expected for you and the seller will get you closer to reaching your new New York home with less trouble. Also, following all regulations can help you to avoid extra fees and costs that you would not have paid otherwise.  

What are the important steps when buying a new property? 

As a buyer, it is always a good idea to work with a buyer’s agent who has plenty of experience, especially if you are a novice when it comes to buying homes. Therefore, the first thing you should do when you decide to buy a home is to find a buyer’s agent.  

Prepare all of the documents you will need for an offer and find an attorney specializing in real estate. You can ask your buyer’s agent for local recommendations. Having all of your documents in order will allow you to find any required information quickly and check that all regulations have been followed properly, especially when you’re buying a property in New York.

If you submit an offer for a property and it is approved, your attorney will look over the housing contract on your behalf. They will also scrutinize construction documents, including the first two years of financing the property. Once this operation is completed, you must then make at least a 10% down payment. This is one of the most detailed steps of the process, so it is important to review the listed rules and cautions to be aware of when making the down payment.  

Once you’ve signed the full contract, if financing, you will apply for a mortgage and request an appraisal. The bank will provide you with a mortgage commitment, and you can complete an application to buy the new property.  

The process and regulations for buying a cooperative property in New York are quite different from the regulations of other properties. For example, if you buy a cooperative, the board will first call you in for an interview. If you buy a condo apartment or a house, this process is skipped, and the building will consider the waiver of the right of first refusal, thus allowing you to begin the closing process on the property.  

Many details within the buying process must not be looked over, as this can result in penalties, extra fees, and can add to the time you must wait before owning your new property. 

What is a seller’s disclosure? 

When a homeowner puts their house on the market, they must collect a packet of documents with information about the property. Seller’s disclosures can vary from state to state and county to county depending on their requirements, otherwise known as disclosure obligations. For example, in New York, the seller’s disclosure obligations are divided into 5 different categories: General Information, surrounding environment, mechanical systems, structural elements, and defects. 

The general information that sellers must include in the disclosure would be details such as the age of the house, the property title, and the utility surcharge. In addition, the environment around the property can significantly impact the maintenance, and it must be stated in the disclosure. For example, if the property is located in a floodplain, a wetland district, near a landfill, contains asbestos, or if other toxic substances have been spilled, the seller must report them.  

It must include information about the mechanical systems, such as the utilities, water sources and quality, and the presence of sewers. All defects in the house must be reported as well. Any issues with the plumbing, air conditioning or heating, security, the foundation of the walls, chimney, and patio terrace must be described in detail on paper to the buyer.  

It is your right to receive a full and detailed seller’s disclosure as a buyer. Sellers who cannot provide adequate disclosure can owe money in fees, but the buyer may pay extra money for repairs later down the line.  

Are there regulations for down payments? 

Regulations and rules about down payments may be one of the most important that you come across as a buyer. Many co-ops or condos in New York will require a 20% down payment, although you might be permitted to put only 10% of the purchase price in a few instances. Of course, the more money you initially put down, the less you have to pay by the month.

Any down payment less than 20% of the price will require the buyer to pay for extra private mortgage insurance. Private mortgage insurance is a type of insurance that any buyer will be required to have to take out a conventional mortgage loan. Unlike most types of insurance, private mortgage insurance will protect the lender’s investment in the home rather than the borrower of the loan. On the other hand, private mortgage insurance makes it possible for some buyers to own their new homes sooner. This is because those who put down less than 20% as a down payment on their home will be allowed by the private mortgage insurance to obtain financing. 

PMI is not on the cheap end, though, and it can come with additional monthly costs outside of loan payments. Until the buyers have enough equity in the home and are no longer considered high-risk, they must continue to make large payments to the private mortgage insurance. These can be between 0.5% and 2% of the total cost of the house in a given year. The lower the down payment, the higher the percent of the total cost the buyer will pay to the private mortgage insurance.  

How can I abide down payment regulations?  

The best way to ensure that you will meet the 20% requirement for a down payment on a new property in New York is by having a set budget and plenty of savings before entering the market.  

It is important to decide how much you are willing to spend on your apartment, as well as which accommodations are most important to you. In New York, a one-bedroom apartment costs about $1,110,000 to buy on average in November 2022. A new 4-bedroom home for the family can cost over $3.8 million, making this a high initial down payment.*

Although putting a bigger down payment is generally advised, be sure to save at least 5% more than the down payment you wish to put down to help with repairs that you may need. Always set a limit with yourself and secure your expectations regarding financing. Additionally, it’s best to plan out your financial plan with an experienced mortgage broker to figure out your budget. 

*Data from UrbanDigs

How can I avoid mistakes?  

As stated above, working with real estate professionals can help you build confidence and guide you throughout the process and the regulations of buying a new property in New York. Unfortunately, many buyers and sellers may think that they are saving money on a real estate transaction by not hiring a real estate agent, and this could not be further from the truth.  

An experienced real estate agent knows the New York market, has excellent negotiation skills, and offers great advice about choosing a home that will help you save money in the long run. Having a real estate agent by your side can help you find new properties that you may not have found otherwise, caution you of regulations you may be missing or unaware of, and assist you throughout the process to help you understand each step of the way.

Having a brokerage firm that you can trust is crucial when buying a home in New York. BARNES New York is available to help you in all of your real estate endeavors, whether you are buying a home, investing abroad, looking for private aviation and yacht services, and much more.  

BARNES New York will assist you in all of your needs, especially when it comes to luxury living and new developments in New York. Contact us today for more information!

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Which luxury real estate agencies to contact in New York? 

Do you wonder which luxury real estate agencies to contact in New York? Now that the world is beginning to reopen, the real estate market is finally on the move again. While most industries suffered through the first year of the pandemic, the buying and selling of real estate became particularly challenging.  

New York City is now returning to its typical place as a city to consider when purchasing a luxury home. Properties in New York City offer excellent long-term value and can be utilized for various purposes, such as vacationing or renting to tenants. 

While real estate agency companies are fairly easy to find in most cities, it’s important to be choosy when selecting your agent and choosing wich luxury real estate agencies to contact in New York. Many agents are simply in the business for the commission and do not fully consider the buyer and seller’s needs. These needs may differ for individuals managing luxury properties, and some agencies are not equipped to assist these clients effectively. This can be frustrating, as buying a home is a gigantic investment that should not be taken lightly.  

BARNES New York is here to provide you with elite services as you navigate the market in NYC. With over ten years of experience in New York City and agents from all over the world, BARNES offers a multicultural team to help guide you through the numerous opportunities available in the big city. Now is the time to take advantage of the market and continue to grow your investments with luxury NYC properties. 

Why should I consider real estate companies in New York that specialize in luxury homes?  

Buyers looking for high-end homes will want to contact luxury real estate agencies in New York that work with expensive homes daily. Because this is a niche field, these agents will be much more well-versed in desired neighborhoods, more aware of properties that are currently available, and more familiar with potential buyers of these properties.  

Since luxury homes tend to be within the top 10% in terms of price, clients would benefit from utilizing real estate agents who are skilled in navigating this competitive, fast-paced market. BARNES provides specialized services for those looking to buy and sell luxury items and is, therefore, able to effectively support their clients throughout the process. 

In addition, luxury properties tend to include particular features that are very expensive, scarce, and desired. The location of a property, as well as its amenities, can significantly impact its value. Two homes with the same square footage will not be worth the same amount of money when they are in two different locations. This is why it is important to find a real estate agent who is extremely well-versed in the neighborhoods of interest and who can alert you to opportunities promptly. 

At BARNES New York, we have agents and brokers who speak various languages to partner with you on your real estate journey. Since we are an international company, we have connections in countries worldwide. As a result, our clients are able to effectively manage their properties from their homes without having to travel internationally, as BARNES agents can take care of the logistics on-site.  

BARNES New York provides agents and brokers knowledgeable within their specific NYC borough. In addition, these agents are matched with BARNES agents in other countries, such as France, to provide the best service and most thorough knowledge of the property.  

Scenic view of a classic Brooklyn brownstone block with a long facade and ornate stoop balustrades on a summer day in Clinton Hills, Brooklyn

Why consider luxury properties in New York? 

In particular, NYC is an excellent choice for luxury home buyers to explore. New York City offers a wide variety of property types, such as apartments, condos, and penthouses. While some buyers may be looking for a vacation home, others may be looking to sell or rent their properties to tenants.  

Since New York is a bustling city that can be quite expensive to live in, tenants are always looking to rent. We also provide property management services for rental homes, such as collecting rent, responding to maintenance issues, and conducting yearly property inspections. Clients can rest easy knowing that BARNES has it under control and that their investment is being taken care of accordingly.  

Additionally, New York offers a lot of luxury real estate agencies to contact, not least because of the atypical architecture that the city offers, value in its history and cultural attributes. Historic buildings can offer prestige and charm that contributes to their overall price value, while newer buildings often offer updated features that are highly desirable to wealthy clients. Amenities such as access to a pool or stunning rooftop views may impact the pricing of the property.  

In NYC, each borough and neighborhood has its own distinct personality and attributes. For example, Midtown Manhattan offers properties close to major attractions, such as Times Square, and is also in close proximity to other desired neighborhoods, such as Chelsea. This provides excellent opportunities for renting, given the prime location for tenants who work in the area or travelers wanting to see the city’s sights. 

On the other hand, you may be looking for an area that is more residential in orientation. For example, uptown Manhattan offers beautiful views of the city and is close to some of the most unique shops and galleries that New York has to offer. BARNES New York is prepared to guide you through the properties available across the city based on your preferences and intended use for the property. We currently offer Manhattan, Brooklyn, Queens, the Hamptons, Westchester, and Upstate New York listings.  

What constitutes a luxury property?  

BARNES is available to assist with numerous types of luxury properties, including not only homes but also additional high-end purchases. We can help you buy, sell, and manage your purchases, regardless of the location of your primary home.  

Luxury homes are unique for numerous reasons, and their uniqueness is part of what makes them expensive enough to be considered “luxury.” In NYC, luxury homes often have excellent views of the city, are conveniently located, and provide amenities that are not easily accessible in many big-city apartments, such as in-unit washers and dryers.  

These properties may also be unique in how they are designed (compared to the typical square-shaped apartments commonly seen in the city) and tend to be more spacious than typical homes in the area. Because the features of these properties are unique, we focus on the details of these homes and can provide updated information regarding their availability.  

In addition, BARNES New York is also available to assist with the acquisition and selling of large luxury items, including yachts, private jets and art advisory services. While many real estate agencies only offer services directly related to housing, BARNES is here to help you buy, sell, and manage these additional luxury assets. Some of the services provided include management of the construction of new yachts based on the client’s preferences as well as the purchasing and selling of yachts.  

Furthermore, BARNES offers assistance with fine artwork, including the transport and installation of pieces in addition to sales and purchasing. A strong benefit of choosing BARNES New York is the ability to utilize the same company to manage numerous luxury investments. 

What types of properties does BARNES New York have to offer?  

When you want to contact a luxury real estate agency in New York, you need to be hypervigilant as listings change frequently, and brokers need to know exactly what their clients are looking for to not miss out on the perfect opportunity. At BARNES, we organize properties by larger borough or neighborhood and then further classify them into smaller neighborhoods within the larger sections. This allows the buyer to focus on some of the property’s most important features, such as location and size. 

While BARNES real estate agents are happy to assist you with finding your perfect home, we also provide a website that is easy to navigate so that you can search on your own, as desired. In addition, buyers can filter for amenities, such as the number of bedrooms, outdoor space, and community doorman services. Whether you are looking for a cozy condo in Manhattan or a gigantic vacation home with a pool in the Hamptons, BARNES New York is ready to assist with agents who have specialized knowledge of these areas. 

At the end of the day, when selecting a real estate agency to utilize for your luxury property in NYC, you will want to make sure you go with a company that is reliable, knowledgeable of the area, and savvy enough to identify new opportunities promptly, as the market is very competitive. We are an excellent choice because we specialize in managing luxury properties and offer services beyond that of a typical real estate company.  

Furthermore, our multicultural staff offers services in numerous languages, such as French and Spanish, and can effectively assist buyers worldwide. For these reasons, we hope you’ll consider utilizing BARNES New York as you navigate the luxury market in New York City.  

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