Thursday, March 20, 2014

Homes In NYC Bought Sight Unseen Due To Tight Market

In Long Island City, a boutique condo was listed for $599,000. A mere 30 minutes later, an offered was made -- full price, sight unseen.

Is the housing market that drastic in New York City? 

Some are saying yes.

"I knew this is what I wanted," said Pimmie Hoontrakul, 32, who purchased the condo. "If I wasn't aggressive and have my offer in hand, I probably would have lost it.

And according to her broker, this seems to be the norm in some areas.

"In the Long Island City market, Williamsburg, Greenpoint, or other hot areas in the boroughs, anything in that $600,000 price point - whether it's a one-bedroom or two-bedroom, condo or co-op - just falls off the shelves," Hoontrakul's broker, David Kazemi of BOND New York, told DNAInfo.

If you are interested in checking out my New York listings, you can do so by clicking here.