The New York City real estate market is the most likely real estate market to be effected by the falling dollar, because of its appeal to international investors. While real estate prices are failing in most local US real estate markets, New York City prices continue to rise. Why? Well demand is high and supply is low and the dollar is weak. Foreign investors are hungry for Manhattan real estate and much of the added supply of new construction is swallowed up by foreign investors.

Please note this article was written for information purposes only and should not be relied on to make material financial decisions. Speak to your lawyer, financial advisor and your tax specialist for professional advice in purchasing a home.

Please see RealEstate-Calc.com for real estate investment analysis and mortgage calculators for mortgage analysis.

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