An economic downturn would cool housing markets across the country, but few areas appear more exposed to price declines than New York City and Chicago. The two metropolitan areas are home to some of the bubbliest markets in the country, according to an analysis by real estate data firm Attom. Of the 50 counties most vulnerable to falling home prices, nine are in and around New York City, and six are in the Chicago area.
Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Residential Real Estate, Chicago, foreclosures, New York The Real Deal New York Read More