Elegran Edge
The Real Estate Blog

What is Elegran Edge? It’s the blog where we bring together the biggest and best stories from our neighborhood blogs and agent blogs. If it’s happening in Manhattan real estate, you can find it here.

Articles about "Rent vs. Buy"

  • Majority of Americans View Renting as More Affordable Than Buying By Sean Keeley | November 01, 2018

    A recent survey found that the majority of Americans think that renting is more affordable than buying, but is that always the case?

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  • The U.S. Housing Market Post-Recession By Zack Stein | August 18, 2016

    What has happened to the housing market since the recession? We use Apartment List's data to further examine the shift of the renter and buyer landscape.

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  • Lower East Side Millennials month-to-month lease I Won’t Grow Up: Short-Term Leases for Millennials By Ilana Yoneshige | March 18, 2015

    Buildings in New York City are beginning to allow month-to-month rentals.

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  • To Buy or To Rent? That is the Question, Again By Samantha Brown | June 06, 2014

    It used to be so simple, right? If you could afford to buy a home, you should buy a home. If you could not afford to buy a home, you should rent.  

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  • Answering the Age-Old Question of Renting vs. Buying in NYC By Stephanie Fujihashi | March 12, 2014

    “Whould it be better for me to buy, or to keep renting?”

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  • Buying a Home in Manhattan May Be Better Than Renting Right Now By Aby Thomas | February 15, 2013

    Thanks to the recent spate of increases in apartment rents in Manhattan, the city’s landlords have been grinning all the way to the bank for quite some time now. But now, it looks like that smile is going to be wiped off their faces very soon—New York’s apartment hunters, exasperated with the high rents for apartments in the city, have realized that buying a home makes better sense than renting one in this climate. As a result, many have chosen to leave the vagaries of the rental market, and have decided to scout the options available to them in the buyer’s market instead.

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  • NYC Brokerages Prepping Up for Good Year in Real Estate By Aby Thomas | February 11, 2013

    If the lack of a winter slowdown in the market is any indication, all signs point to 2013 being an extremely good year for New York real estate. And it’s not just New York’s apartment hunters who are taking note of this phenomenon—the city’s residential real estate brokerages are expecting an increase in business, and are staffing up to prepare for that onslaught. (And yes, Elegran is hiring too—get in touch with us if you want to become a part of this exciting industry!)

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  • Rent or Buy? Well, Mayor Koch Chose the Former By Aby Thomas | February 04, 2013

    Residents of New York City are known to grapple with the decision of whether they want to buy a home in the city, or simply rent one instead. Both routes have their own inherent lists of advantages and disadvantages, which cause most New Yorkers to flip-flop when trying to make up their minds on the issue. However, for Ed Koch, the former New York City mayor who died on Friday, his position on this debate seemed to have been a resolute one: he was a renter during almost all of his adult life in New York City.

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  • Rent or Buy? Majority of Americans Say: “Buy!” By Aby Thomas | August 09, 2012

    When it comes to looking for a home in New York City, people are often faced with the question of whether they would like to rent a gorgeous apartment, or just buy one that they can refine to their own tastes. For most people, this question would be answered on the status of their personal finances. For others, this has to do a lot with finding their dream apartment—for instance, the choice of rental apartments may simply not be as good as the luxury homes that are on the market for a price! Also, let’s not forget the emotional quotient associated with a home—the repeated angst of having to leave apartments in the course of a renter’s life can easily be avoided if one were to instead buy a home and live in it for years.

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