The dramatic rise in median home prices in New York City and other busy real estate markets from pre-pandemic levels, and the intense competition for desirable properties, has driven buyers throughout the country to pursue a range of innovative solutions they might never have considered four or five years ago, brokers and real estate lawyers have told The Epoch Times.
With the median home listing price in New York City at $825,000, and a median sale price of $776,100, according to Realtor.com figures, the Big Apple stands out as one of the most expensive and competitive markets in the nation.
