There are circumstances were renting is better then owning such as if you are only going to be living in an area for a short while or you need to save more money for a down payment in order to buy. If renting is right for you, now might be the time to move up to that larger apartment are change neighborhoods.
According to the latest quarterly Apartment Research Market Update report by brokerage Marcus & Millichap, asking rents will continue to fall this year, but at a slower pace, the report predicted. Landlords will continue to offer concessions, such as one to two months of free rent, this year to retain or attract tenants.
If you are a market rate renter, I can help you find a great apartment in Brooklyn. I know many renter’s don’t really want to pay a brokers fee, which is typically one month’s rent, but you can save yourself the time and effort of finding a really great apartment at an affordable price by letting me do the leg work.
