Forum Archive

We are dying to buy a modest townhouse, ideally in PS area since we’re already sold our previous place and are renting for now. When I say modest, I mean we could live on upper duplex with a garden rental, and don’t need lots of fancy old details, nor super prime location (south slope and down towards 5th Ave is fine with me). But there is nothing to buy right now! What’s up with that? Are sellers afraid of the market? I don’t get that since prices shot up so much the last few years that anyone who’s owned more than a few years will still do just fine (we’re not waiting for a total crash of NYC market, even though we do realize the market has softened). Is it just the time of year? Is it always such slim pickings this time of year? Any tips for how to find stuff outside of trolling the usual real estate listings and trying to walk around the neighborhood, and of course, spreading the word to all we know?