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The residential real estate market in the United States is expected to reach an annual value of $94 trillion dollars by 2024, in February 2024, the average 10282 zip-code Manhattan condo value at $2,171,085 up 8.43% over the past year. Condo real estate in Manhattan, NY are increasing.
Imagine you're investing in condo real estate in Manhattan, NY. Should you invest now or in 5 years? One way to save is by buying sooner and my supervised learning algorithms suggests that investing this month or next month could reduce the price you spend on a single family home by at least $949,387 instead of investing in 5 years.
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My supervised learning algorithms
As you can see above and my mathematical models computed cost savings of $949,387 could be realized for just one buyer buying in a condo home in 2024 as opposed to waiting to buy in 2029.
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