Whether it's the latest modern mansion or a sparkling high-rise packed with exquisite amenities, Miami’s new construction projects are some of the most coveted in all of South Florida. But just because the construction is new doesn’t mean your only worry now is having enough money to buy it.

Each developer works differently, and there are plenty of nuances when it comes to negotiating customization and prices. Without an impeccable foundation in new construction real estate, you’ll likely be hard-pressed to make the most of the transaction.

Below, the team from Prevu Real Estate details why you should work with a real estate agent when buying new construction in Miami, Florida.

What is new construction?

Before you start your home search, it’s a good idea to get a clear understanding of what new construction means.

There are various types of new construction properties in Miami, ranging from custom-built homes and pre-planned townhouses to modern high-rises with luxury features. Where you want to live in Miami can determine what kind of new construction you’ll likely be touring most.

Miami Beach is arguably the cream-of-the-crop for many developers and aspiring buyers. It hosts a wealth of luxury condo buildings and new projects always aim for a slice of the unbeatable views and beach access this neighborhood affords.

If you head to a more tranquil part of Miami, such as Coconut Grove, you’ll probably be working with a custom builder and designing your home from the ground up. This can mean plenty of customization options, but often goes hand-in-hand with an expensive price tag.

Pre-planned new construction condo buildings often have a set design for the soon-to-be-built units and customization options can be limited.

If any of this is making your head spin, rest easy; an experienced agent will not only break it all down for you but will also show you where to look. 

A local guide for your home search

Location is still king when buying real estate, whether new construction or a single-family fixer-upper.

But it can be a handful to explore the myriad Miami neighborhoods on offer, each with its own characteristics and features. A buyer’s agent who knows the Magic City inside and out can help you navigate them faster.

You’ll likely know what you’re looking for in your prospective home before you start your search. Give that information to your agent, and may cut a significant chunk of time you would otherwise spend browsing endless listings. 

But even if you don’t know exactly what you want, your agent can still help guide you. They can show you what new construction is worth checking out to get an idea of location and amenities and help you prepare a game plan to search for the right property.

Experience and knowledge

Those two things make a mighty combo, especially when it comes to handling new construction.

If you get to work with an agent with plenty of experience in Miami real estate and a wealth of  knowledge about new construction, you’ll have a huge advantage when exploring potential homes.

Having a knowledgeable agent by your side not only gives you added confidence to negotiate but an expert that can pay attention to details. They can also be an indispensable resource to help you save money when purchasing a new construction home in Miami. 

Save money with a commission rebate

Making a home purchase more affordable isn’t always easy in a competitive market like Miami, but commission rebates can help flip the script.

When you begin interviewing potential buyer’s agents, be sure to ask if they offer commission rebates. What are they? Commission rebates, or commission refunds, are a portion of your buyer’s agent fee given back to you as savings. 

It may seem strange if you’re unfamiliar with the concept, but modern brokerages like Prevu embrace it to help homebuyers achieve affordability. Prevu invests in salaried agents and streamlined online real estate tools to unlock commission rebates for buyers.

Miami homebuyers who work with Prevu to buy new construction can potentially receive up to 1% of the home purchase price back via the brokerage’s Smart Buyer Rebate. For instance, if you purchase a $1,800,000 new construction condo in Bal Harbour, you may receive a rebate of up to $18,000.

These extra savings can help offset pricey closing costs, cover unexpected expenses, or jump-start a furnishing budget.  

Your agent will ask the necessary questions

It’s important to remember that many developers prefer to work directly with buyers, and for obvious reasons. 

It allows them to bypass an added commission for the buyer’s would-be agent and to upsell the property as they see fit. Developers aren’t obligated to point out any important flags that every buyer should be aware of, such as environmental hazards, flood zones, or what property taxes may look like in the future.

Your agent will come to the real estate transaction prepared to ask the necessary questions so that you can have a full breakdown of potential homeownership expenses.

Interested in buying a new construction home in Miami? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

It’s completely natural for buyers to be apprehensive about working with a real estate agent. First-time buyers, who are early in their process, can be anxious about dealing with pushy agents. Experienced buyers who are familiar with the apartment buying process don’t believe they need an agent or don’t want to work exclusively with one broker due to a bad experience with traditional agents in the past.

Additionally, thanks to technology, there is a large portion of New York City buyers that prefer to search online by themselves and wait to find a buyer's agent until they’ve found the one.

Buying an apartment or home in New York City is usually the largest financial transaction of most people’s lives though, so it is important to understand the key benefits of hiring a buyer’s agent even if it’s later in your buying process.

Below we outline the key reasons why you should always hire a buyer’s agent in NYC.

Reasons to hire a buyer's agent in NYC

• Expert advice on pricing, negotiation, and local trends
• A buyer's agent is an advocate focused on your best interests
• No financial benefit for buyers going directly to the listing agent
• Board package application can be overwhelming to navigate alone
• Buy your apartment online with expert advice and save thousands

Expert advice on pricing, negotiation, and local trends

Perhaps the most important reason for working with a buyer’s broker or agent in NYC is to make sure you get the best price for your apartment. While you may be an experienced negotiator in your profession, that may only get you so far.

Buyer’s agents have easy access to comparable sales data to help analyze what your apartment might be worth based on NYC real estate comps. Plus, your agent will provide a negotiation strategy that leverages these data points and other local trends they are seeing from working with other customers.

You may think a discount to the listing price is a win, but how can you be certain you won’t still be overpaying? This is especially true in a buyer’s market where recent pricing data can get you an even bigger discount.

Conversely, in a seller's market when there is increased competition, an experienced buyer's agent will make your offer standout by aligning both the financial and non-financial terms of your offer to better appeal to the seller's goals and timeline.

A buyer's agent is an advocate focused on your best interests

Some home buyers like to do everything on their own, but working exclusively with your own buyer’s agent gives you a significant advantage as you have your own advocate that has the obligation to represent your interests.

If you deal directly with the listing agent and are unrepresented, it is important to remember they have a fiduciary responsibility solely to the seller. While they may seem like a very nice person, they only have an obligation to represent the seller’s best interest, not yours.

In the event you enter into a dual agency relationship with the listing agent, keep in mind that you are giving up your right to an agent’s undivided loyalty. You can learn more about New York State’s discussion of this topic on their website - “Be Wary of Dual Agency”.

The other added plus of having your own representative through the buying process is that your agent or broker acts as a buffer for you. What does this mean? Well, buyer’s agents help remove the emotions from the negotiation process and prevent any information leakage between the buyer and seller that may otherwise negatively affect a negotiation if you handled it by yourself. Furthermore, having your agent as an intermediary allows you to play good cop bad cop as a helpful negotiation tactic when necessary.

No financial benefit for buyers by going directly to listing agent

Some buyers believe that they can get a better deal by dealing directly with the listing agent if they are unrepresented. While your friend or aunt may have been one of the lucky ones to get such a deal, it is very rare for listing agents to give up commissions, and you receive no additional financial benefit.

The reason for this misconception is that buyers believe listing agents benefit from not having to share their commission with a buyer’s agent. Since commissions are privately negotiated between the listing agent and the seller, you as the buyer won’t know if a listing agent is actually reducing their rate to get you a better deal.

In most cases, you will still pay the same price for your apartment and the listing agent will make twice as much money as they would have if you had been represented.

Board package applications can be overwhelming to navigate alone

One of the unique aspects of buying an apartment in NYC is the board package application process which many buyers can find overwhelming. This is especially true if you are buying a co-op apartment as the boards of those buildings are even more stringent on the amount of information you need to provide as a buyer candidate,

Hiring a buyer’s agent removes the majority, if not all, of the stress and anxiety associated to preparing a board application. These agents have guided other buyers through the process before, know the important questions to ask, and have tips to navigate the board package in a seamless manner.

Buy your apartment online with expert advice, save thousands

If you are like the vast majority of buyers that like to be in control of your buying process without sacrificing expert advice in the moments that matter, then you should choose a more modern, tech-enabled brokerage that makes your experience more seamless. In doing so, you also unlock huge savings!

Prevu has created a digital home-buying experience that enables you to browse listings, schedule viewings, make offers with an experienced local agent, and save - all from the convenience of your phone or computer with zero pressure.

By streamlining your buying experience with helpful online tools, Prevu is able to pass along significant savings to homebuyers in NYC with a commission rebate (sometimes referred to as a commission refund or closing credit) that is a portion of the buyer's agent commission.

For example, if you bought a $2,000,000 apartment in Chelsea or Park Slope with Prevu, you could receive up to $30,000 cash back at closing. It’s always great to keep more money in your pocket.

In the end, whether you choose to work with a traditional agent or take a more modern approach with real estate brokers at a tech-enabled brokerage that saves you money, make sure to hire a buyer’s agent in NYC to help you navigate the home-buying process smoothly and with transparent savings. 

Prevu is the digital home buying platform on a mission to save people money when they buy a home or apartment with it's industry-leading Smart Buyer™ Rebate - providing homebuyers in NYC a buyer agent commission rebate after closing. Prevu is a licensed real estate broker in New York and a member of the Real Estate Board of New York (REBNY). Prevu's New York City agents are REBNY members.

San Diego County is full of options, whether you’re looking for a luxury home overlooking the water or a ranch home near the golf course. However, you may be unfamiliar with all the places to live near San Diego if you’ve only spent time in the city center. 

To help buyers narrow down the best locations, the team at Prevu Real Estate put together a quick guide of towns with easy commutes to San Diego. 

Towns With Easy Commutes to San Diego

• Encinitas
• Del Mar
• La Mesa
• Chula Vista
• Imperial Beach
• El Cajon
• Carlsbad
• Rancho Penasquitos
• Carmel Valley 

Encinitas

For those who want luxury homes by the water with a reasonable commute to San Diego, Encinitas might be the perfect option. 

The two most common routes from Encinitas to San Diego are Interstate 5 and Interstate 805. Both drives take 25-30 minutes, while the COASTER commuter train takes 45 minutes from Encinitas Station to downtown San Diego, offering oceanside views along the way. 

Housing in Encinitas ranges from the semi-rural homes of Olivenhain to the beachfront estates of Leucadia. Numerous single-family homes are interspersed among the suburbs east of Interstate 5. These charming homes are typically surrounded by palm trees and feature Spanish-style terra-cotta roof tiles. 

Encinitas boasts 40 miles of trails and 45 acres of beach, so residents can enjoy everything from hiking and volleyball to surfing and cycling. 

It's easy to stay in town to enjoy a night out in Encinitas, with a vast selection of locally-owned bars and restaurants along Highway 101, between C Street and W Street. 

For shopping needs, there are two large commercial parks within city limits on El Camino Real. Here, you can find familiar big-box stores such as Target and Trader Joes. 

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Browse listings in Encinitas

Del Mar

In 1885, Del Mar was first established as a beach resort. It has grown significantly since then, but still retains its small-town charm. Despite the quaint feel of the area, it’s only 20 miles from downtown San Diego along Interstate 5. 

The ocean borders most of the town, so locals are almost always near the beach. For residents with canine friends, Del Mar Dog Beach is the perfect place to take your pup to socialize and swim. 

The Annie’s Canyon Trail is an incredible hike you simply can’t miss. Though the trailhead begins in Solana Beach, it's less than ten minutes from Del Mar. 

The housing stock stays true to the town’s roots, as many of its beachside homes resemble beachside resorts with open-air courtyards overlooking the water. Yet, folks that want a more secluded home will find the winding streets to the east of Camino Del Mar particularly appealing. 

Most of the town’s local restaurants and cafes are concentrated along Camino Del Mar. Here, foodies can partake in everything from world-class seafood to relaxed cafes. 

To the north, just outside of the town’s border, Del Mar Shopping Center features well-known stores like Whole Foods, McDonald's, and Petco.

The Del Mar Fairgrounds and Racetrack are situated next to the San Dieguito River. Numerous horse races are held here throughout the year, as well as the annual San Diego County Fair that takes place each June and July. 

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Browse homes for sale in Del Mar

La Mesa

At just nine miles from downtown San Diego, the commute from La Mesa can take as little as 15 minutes by way of Interstate 8. 

La Mesa’s nickname, “The Jewel of the Hills” is fitting not only because of the surrounding topography but also because of the town’s historic charm. Much of La Mesa Village, the downtown historical center, looks the same as it did in 1912 when the city was incorporated. 

Residents make their way downtown to visit local restaurants and coffee shops. On Fridays, La Mesa Boulevard transforms into a farmer’s market where nearby farmers, vendors, and musicians meet to kick off the weekend. 

If you’re looking for a Saturday adventure, Old Town San Diego is only 15 minutes away on Interstate 8. This historic center was first inhabited by the indigenous Kumeyaay people before Europeans settled in California, making it the oldest city in San Diego county. 

Grossmont Center has familiar chains such as Walmart and Chick-fil-a for everyday shopping needs. 

For folks looking to escape the crowds at the beach, Lake Murray borders La Mesa to the north. Here, you can barbecue near the lake’s blue waters while you watch the sunset over the surrounding hills. 

<listing geo_area_ids="11919" min_price=1000000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Browse homes for sale in La Mesa

<smarttip text="Did you know you can get a rebate from your broker in California? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $2,000,000 home, you’d receive up to $20,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy!"></smarttip>

Chula Vista

Chula Vista is bordered by the San Diego Bay to the west and National City to the north, so it’s not surprising that the drive to downtown San Diego is only 15 minutes. 

Plus, the commute is usually faster than in other surrounding cities because you’ll be traveling from the south of San Diego, whereas most commuters come from the north or east.

If you would rather avoid rush hour traffic altogether, the UC San Diego Blue Line transports passengers straight into the heart of San Diego.

Another advantage of living south of San Diego is easy access to less-frequented beaches and outdoor recreation. While La Jolla Cove and Sunset Cliffs Beach are definitely worth visiting, residents of Chula Vista can skip the crowds by taking Route 75 to Silver Strand Beach and Imperial Beach. Similarly, the southern side of Balboa Park is less than 15 minutes away on Interstate 5. 

If you’d rather enjoy the day inland, the Otay Reservoir features hiking trails, horse trails, and bicycle trails surrounded by views of rolling hills. 

On the western side of Chula Vista, multiple commercial parks are situated east of Route 125. These cover all the necessities with well-known chains such as Home Depot and Best Buy. 

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Browse homes for sale in Chula Vista

Imperial Beach

In San Diego’s South Bay area, potential homebuyers will find Imperial Beach. This small, coastal city also offers a smooth, ten-minute commute into the southern side of San Diego on Interstate 5. 

Traveling from the south means you’ll avoid the traffic that flows into San Diego from the northern suburbs. 

The housing stock in Imperial Beach consists of renovated single-family homes, newly-built condos, and beachfront estates. The quiet neighborhoods of Imperial Beach are perfect for those who want a change in pace from the bustle of San Diego. 

Imperial Beach is also perfect for nature lovers as the coast is only about five minutes away from anywhere in town. Surfing, beach volleyball, fishing, and horseback riding are common pastimes. You can also find locals lounging out on the beach almost every weekend. 

After a day at the beach, you can make your way a couple of blocks to Seacoast Drive, where you’ll find an abundance of local pizzerias, taco shops, and cafes. Be sure to stop into Mike Hess Brewing for some locally-brewed beer. 

<listing geo_area_ids="11831" min_price=1000000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Browse homes for sale in Imperial Beach

El Cajon

If you’re looking to live somewhere with a more approachable cost of living without sacrificing easy access to San Diego, El Cajon might be a good fit. Whether you take Route 94 or Interstate 8, the trip to downtown San Diego is only 20 minutes. 

With several shopping centers in the city’s limits, you’ll rarely need to leave. Residents can find everything from car dealerships to In-N-Out and Sprouts along Broadway. Even with big-box stores like these, El Cajon has its own personality. 

One of the most delightful things about El Cajon is the feeling of community among residents. Each year the America On Main Street Festival highlights the population’s diverse heritage. The festival’s annual naturalization ceremony celebrates the city’s new U.S. citizens, truly capturing the town's spirit. 

Here, the housing stock is diverse, and options are plentiful. El Cajon probably has something for you whether you’re looking for a condo, townhouse, or single-family home. 

<listing geo_area_ids="11643" min_price=1000000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Browse homes for sale in El Cajon

Carlsbad

With seven miles of beachfront, Carlsbad is one of Southern California's true beach towns. While the city has a lot of personality, it's nice to be able to access San Diego if you want. 

The commute to San Diego is about 30 minutes, no matter which way you go. Where Interstate 5 splits from Interstate 805, you’ll have multiple options heading south in case of traffic.  

For an afternoon or night out, many residents of Carlsbad prefer to stay in town to enjoy the downtown area known as Carlsbad Village. Many of Carlsbad’s unique businesses are located along Carlsbad Village Drive and the surrounding streets. A few favorite restaurants are Campfire, specializing in live-fire cooking, and Norte, which serves authentic Mexican cuisine. 

Just west of Legoland, the Carlsbad Premium Outlets offer tourists and locals alike a variety of shops, from Polo Ralph Lauren to Costco. 

If you’re looking to buy a home near the beach, you can find anything from spacious manors to condos and apartments near Carlsbad Village. Otherwise, single-family homes and luxury estates are scattered throughout the rest of the city. 

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Rancho Peñasquitos

While technically within the city limits of San Diego, Rancho Peñasquitos is a 20-25 minute commute time from downtown San Diego on Interstate 15. 

Much of San Diego County is good for outdoor recreation, but Rancho Peñasquitos is a special playground for hikers. With Los Peñasquitos Canyon Preserve to the south and Black Mountain Open Space Park to the north, Rancho Peñasquitos offers over 30 hiking trails. You can even see the ocean from Black Mountain Open Space Park’s highest point.

Folks who live in Rancho Peñasquitos won't need to travel far for all their shopping needs. Carmel Mountain Plaza hosts big-box stores like Nordstrom Rack, Ralphs, and Total Wine & More in the northeast corner of the suburb. 

The housing stock is perfect for those looking to gain square footage or acreage, whether you’re coming from San Diego or another metropolitan city. These private, suburban streets are full of large single-family homes built throughout the 1970s and maintained beautifully over the years. 

<listing geo_area_ids="13343" min_price=1000000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Browse homes for sale in Rancho Peñasquitos

Carmel Valley 

Carmel Valley is about 25 minutes from San Diego, whether you take Interstate 5 or 805. This allows residents to avoid the hustle and bustle of downtown but access the city whenever they need. 

From the town’s western border, the drive to the beach is only about five minutes, making Carmel Valley a great place to enjoy the beaches of Del Mar and Torrey Pines State Reserve. 

The homes in Carmel Valley are conducive to anyone looking for more rooms, a bigger yard, and maybe even a pool. Whether you're looking for a two-story near The Grand Golf Club or a Spanish Colonial home closer to the beach, Carmel Valley probably has something for you. 

Within the suburb, it’s easy to find well-known chains like Starbucks, Panera, and Vons. Yet, if you’re searching for more original charm, Sky Deck is a rustic food hall populated by local businesses such as Rough Draft Brewing and Understory cocktail bar. 

<listing geo_area_ids="13271" min_price=1000000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Browse homes for sale in Carmel Valley

Interested in buying a home near San Diego? Learn how you can save thousands of dollars with Prevu’s Smart Buyer Rebate.

There are many towns, cities, and suburbs on either side of the bay to choose from. But there is a lot of competition to purchase property in the Bay Area real estate markets.

A booming tech industry, great climate, and access to the outdoors have driven up home prices, making it hard to afford a home. As a result, both first-time buyers and experienced homeowners look for ways to cut costs and corners. 

Many people look at the home buying process and believe they can navigate a transaction on their own. Yet buyers can quickly lose their way without the proper guidance. 

To help answer the question of "do I need a buyer's agent," the team at Prevu Real Estate highlights several of the benefits of working with a dedicated buyer’s agent. 

Local agents have detailed info on pricing, negotiations, and locations

One of the most critical roles of a broker is helping buyers secure the best price possible for their dream home. A close second is sourcing information for buyers. 

Years of living in the bay area can give locals a sense of real estate hubris. You may keep an ear to the ground on local trends in your slice of the Bay Area, but brokers provide deeper context to market movements. 

Real estate agents have access to the multiple listing service tools, providing comparable sales data to unearth price history in an area. This data is invaluable, as agents can use it to pull up properties with similar prices in your budget range. 

A top-notch buyer’s agent will also know each Bay Area city like the back of their hand and can recommend which ones best fit your lifestyle. You may lose out on a coveted East Palo Alto home, but a buyer’s agent with attention to detail can point you towards a Fremont home that puts you within reach of Silicon Valley. 

Negotiations can get tense, and you will want a confident broker equipped with local knowledge. They have comparable sales data to use when trying to get you a favorable deal with the listing agent. And to help cut out the emotion, your agent can represent you in negotiations and act as your buffer. 

An agent advocates for your best interests

People today have more control over searching for homes than ever before, but the finer points of a real estate transaction still require expert guidance. 

Buying a home is an emotional experience and having a buffer between you and a listing agent helps keep the deal moving. Even if you negotiate terms for sales in your day-to-day, it is best to have a local broker advocating on your behalf. 

While the listing agents can provide ample information about the property, they have no fiduciary duty to you. Their loyalty is to the seller and they are obligated to find the best deal for the homeowner. 

Your broker stands between between you and the seller. This way, business remains professional, and there is no information leakage to the seller during crucial negotiations. A dedicated buyer's broker will represent your best interests, helping you craft an offer and negotiating strategy from the get-go. 

Getting the right agent saves you money

You do not get a better deal by cutting out the agent. There is a common misconception that purchasing a home without representation can save money at closing. 

The reality is that even without an agent, you are still the one showing up with all of the money. The listing agent and buyer's agent usually split the commission when a deal concludes, but the listing agent keeps the fee all the same if you don't have representation as a buyer. So if you stand to spend the money anyway, put the time into finding a good partner. 

Finding the right agent in the San Francisco Bay Area can make the difference when looking for a good deal. Their expertise guides your buying journey, helps you negotiate good terms, and the right agent can even give money back at closing through a commission rebate. 

Agents use commission rebates to provide a portion of their broker fee to new homeowners when they get the keys to their new home. Not all brokers offer commission rebates, which is why California buyers need to interview multiple agents and ask if they provide a refund. 

Prevu Real Estate provides the largest commission rebate in California, awarding up to 1% of the purchase price if you use the company for real estate services, or up to 1.5% if you use the company for real estate services and its affiliated mortgage company.

Buyers purchasing waterfront property in the Redwood Shores, for example, stand to save thousands by working with an agent providing a commission rebate.  

Save time and money by buying your home online

Technology has changed the way people interact with real estate, and many homebuyers take pride in their research efforts. 

Homebuyers used to rely on their realtors to provide a laundry list of services. Beyond processing the transaction and helping the buyer connect with inspectors and appraisers, real estate agents were expected to provide a shortlist of listings for buyers to check out. 

Today, many San Francisco buyers come prepared with a list of target neighborhoods and even homes they are ready to see when connecting with an agent. This is why Prevu Real Estate built the Smart Buyer Platform to provide a tool for buyers to streamline their search and collaboration with their agent.

Homebuyers enter their target neighborhoods and home styles, and when a match hits the market, Prevu alerts buyers to the new listings. If the property is of interest, buyers can schedule a tour with the click of a button, and get the advice of a Prevu agent every step of the way through closing. 

By modernizing how buyers purchase homes, Prevu streamlines the transaction process, saving time and money for buyers. 

Interested in buying a home in the Bay Area? Browse listings and see how much you can save with Prevu's Smart Buyer Rebate.

Prevu Real Estate, Inc. is a licensed real estate broker in California, license number 02134758.

First-time homebuyers will have an enjoyable time finding their ideal place to live and exploring the unique Seattle neighborhoods as they go. But pursuing a home purchase is not an easy process. It involves detailed paperwork that can be overwhelming to navigate. 

Sometimes the offer you make can encounter competition from another buyer, and it helps to have a real estate professional in your corner who can help you keep your footing in negotiations.

Below, we outline the benefits of having a buyer’s agent on your team when you’re buying a home in Seattle.

Benefits of hiring a buyer's agent in Seattle

• Local knowledge can go a long way
• Insights on data and trends matter
• It helps to ask the right questions
• Support at the negotiation table
• Save with a home buyer rebate

Local knowledge can go a long way

A plethora of parks, hiking trails, and waterfronts help Seattle stand out as a city that lives and breathes outdoors. Commuting options are plentiful but can get a bit overwhelming since Seattle travels by light rail, ferry, and bus. Trying to pinpoint the perfect location for your home to take advantage of all the neighborhood’s offerings can be a daunting task. 

A local buyer’s agent specializes in an area and what it offers. Thus, they know which homes are conveniently situated for an easy commute and are a stone’s throw away from the best eatery and coffee shop. However, doing all the research on your own can be tiring, especially since it’s easy to miss specific details only a local can shed light on.  

Insights on data and trends matter

Real estate agents specializing in Seattle real estate usually know  the ins and outs of the neighborhoods they focus on. When buying a home, their insider knowledge of local prices will help you keep a level head when negotiating. Seattle is growing rapidly, and prices on modern, coveted townhouses in Fremont and luxurious homes in Queen Anne can fluctuate quickly. 

A buyer’s agent can share their knowledge of prices in the area you’re interested in and prepare a comparable market analysis on properties of interest. This insight can help you make an educated decision on if that house is worth that sizable down payment and whether the asking price is justified. 

It helps to ask the right questions

Many first-time homebuyers might not know that there is a checklist of questions that they have to ask about the home they’re interested in. It is easy to miss small details that can have an impact later on as the house gets older. 

While some questions are no-brainers, such as the condition of the roof and the recent renovations on the property, other questions are not so obvious. A knowledgeable agent can help get into the minute details. Questions such as why the property is for sale, are there any past insurance claims, and how old are appliances and systems are paramount to ensuring you have no surprises post-purchase.

Support at the negotiating table

The negotiating process of a real estate transaction is where having a buyer’s agent helps. Finding the perfect home is the easy part, but submitting an offer, negotiating, and entering bidding wars is a whole different story.

A dedicated buyer’s agent works with you every step of the homebuying process. That means putting together tedious paperwork, finding out necessary details about the home and its past, and getting ready to submit an offer. 

In addition, Prevu’s agents work closely with the buyer to ensure the offer is founded on local research of house prices. Therefore, when the time comes to negotiate, you are not alone in making sure you get the best deal possible.  

Save with a home buyer rebate

One of the most important questions to ask when interviewing agents is whether they offer a homebuyer rebate. Modern brokerages find ways for homebuyers to save on one of the most significant purchases in their lifetime. A commission rebate is one of the most effective ways to do so. 

Prevu is a digital home buying platform that can save homebuyers thousands when purchasing a home. Prevu’s investment in technology combined with salaried agents has helped unlock significant savings for homebuyers. 

When homebuyers shop for a home with Prevu, they can see the potential buyer’s rebate on every listing. The extra boost in savings at the end of a real estate transaction can help offset closing costs, facilitate renovations, or even help with the purchase of a new boat to enjoy the stunning waterfronts of Seattle.

Homes for sale in Seattle

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Interested in buying a home in Seattle? Browse listings and see how much you can save with Prevu’s commission rebate.

The home buying process is a complex transaction, but modern search tools make it seem easy to scroll through listings and track open houses with the click of a button. While some folks can navigate the process independently, a home search can become overwhelming quickly. 

That is why the team at Prevu Real Estate compiled a list of questions that homebuyers in Virginia should ask themselves when considering whether to hire a buyer’s agent.

Questions to decide if you need a buyer's agent in Virginia

• Do you understand the home buying process?
• Are you ready to search for listings?
• Do you have experience closing deals?
• Can you organize a home purchase?
• Do you save money when forgoing an agent?
• Can you secure a commission rebate?

Do you understand the home buying process? 

If you're questioning whether you need a broker, ask yourself how familiar you are with the home buying process. If the answer is “a little,” partnering with a buyer’s agent may be worthwhile. 

Savvy buyers looking to pick up prime real estate in Virginia will want to learn as much as possible about local nuances influencing prices, historic district ordinances, and the community itself. 

A well-rounded buyer's agent will be able to educate you on the purchase process and help you navigate a successful negotiation strategy. 

You can educate yourself and go it alone, but the reality is that the finer points of a real estate transaction are best handled by professionals. An expert agent will also help ensure you get the best deal as you approach the final mile of buying a home in Virginia. 

Are you ready to search for listings? 

While it is easier than ever to scroll through listings, buyers have to be ready to be focused about their search.

Perusing listing sites and setting up too many appointments simultaneously can be counterproductive. Ideally, you want enough time to research a home's age, what attractions and amenities are nearby, and if any new developments are in the works in the vicinity. Factors like this can influence sale prices, and you want to know the details before making an offer. 

Doing this research for multiple properties can be exhausting. Are you ready to drive from the Alexandria waterfront to the best neighborhoods in Arlington and have your data sheets for each property prepared to go? Will you be ready to negotiate and remember the finer points of each home? 

If not, you may want an agent at your side to help keep all the details straight for you.

Do you have experience closing deals? 

Many people like to think they can haggle for a great deal, but real estate negotiations can have many nuances. 

Having an agent in your corner who knows the finer points of closing deals can be invaluable when navigating them. They can explain the home inspection process to you, advise on appropriate contract contingencies relevant to your goals, and walk you through the negotiation process. On a finer level, an agent can help you craft an offer that will woo sellers, either through a competitive sale price or by recommending non-financial terms that help win over a motivated seller. 

This is why screening multiple buyer’s agents before partnering with one is essential. The last thing you want to hear is this is their first or even third deal. 

Can you organize a home purchase? 

Purchasing property in Virginia is a multi-layered process requiring an insider's expertise. 

An experienced agent can access specialized tools to create a comparable market analysis when determining a home's value. This info is essential when deciding what to offer on a house in McLean or Falls Church.

You must also be ready to juggle competitive offers quickly and follow up with the listing agents for each home you’re interested in. If you are financing your purchase with a mortgage, you’ll need to find lenders and compare interest rates. Buyers also have to find home inspectors and navigate the mortgage underwriting process once your offer is accepted.

From there, you’ll have to handle the closing costs and final paperwork before completing the purchase. The bottom line is that having an agent to advocate for your interests can help you stay organized, calm, and collected during even the most emotional negotiations. 

Do you save money when forgoing an agent? 

While folks may think they are avoiding a cost when buying a home independently, the truth is a bit more complicated. Despite not using an agent, buyers can still end up paying the same amount as if they hired one. 

When a seller completes a home sale, the commission they pay is already determined by the listing agreement they forged with their listing agent. This fee ranges from transaction to transaction, but listing agents typically offer a portion of their commission to buyer’s agents. 

As such, when you forgo an agent, it could mean that the listing agent keeps the entire fee, meaning you paid the same price while having zero representation. Savvy buyers can try to negotiate the price down when representing themselves, but still run the risk of not securing the best price or any savings on commission.

Can you secure a commission rebate? 

If you work with a buyer’s agent to buy a home, ensure you can lock in a commission rebate in Virginia. 

As you interview various buyer’s agents, ask them if they provide commission rebates. Essentially, this means that a buyer’s agent provides a portion of their commission to the buyer when they close a deal on a home. 

Buyers who work with a buyer’s agent from Prevu to buy a home can get cash back at closing via the company’s Smart Buyer Rebate. The brokerage streamlines the search and tour process via their digital home buying platform - which lets you put in your target towns, home preferences, and budget - alerting you when a property matching your needs hits the market. 

Prevu offers the largest commission rebate in Virginia. For instance, buying a home in Alexandria for $1,200,000 with a Prevu agent could net you up to $12,000 back at closing. 

Funds like this go a long way for new homeowners, helping to furnish the home or rebuild savings after a costly down payment and closing costs.

Interested in buying a home in Virginia? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate Program.

The challenge is finding real estate agents in Florida who can deliver the professional service you are seeking for a fair commission rate.

Below, we break down everything you should know about realtor fees in Miami and how you can negotiate them.

Negotiating Realtor Fees in Miami

• What are realtor fees in Miami
• Know what you’re paying for
• How sellers can negotiate realtor fees
• How buyers can save via commission rebates

What are realtor fees in Miami?

Miami home sellers are likely well aware of how expensive Florida real estate commissions can get. But before you start negotiating for a better rate, you need to understand what realtor commission fees are and what they cover.

A real estate commission is either a flat fee your listing agent charges or a percentage of the home’s final sale price charged at closing. Traditionally, this percentage has ranged anywhere from 3% to 6%, and can vary from brokerage to brokerage.

That commission technically pays for the agent’s expertise as they prepare your listing, offer showings, and help secure a qualified buyer who can purchase your home. 

The key to negotiating that commission lies in understanding the services your broker offers to help sell your home.

Know what you’re paying for

Before you partner with an agent, you deserve to be fully informed of the services you’re paying for. 

Your first step is to determine the services you need. Some Miami sellers want seasoned Florida real estate agents that handle every aspect of the home sale, such as staging the home, promoting the listing, and utilizing social media.  

Others may be content with brokers who carefully handle the complicated paperwork and navigate negotiations. 

As you ask more of your agent, chances are their fee will be higher.

Sellers should interview multiple local agents before committing and ask detailed questions about how the brokerage works. 

You want to be comfortable with how the agent will communicate and how often, what their availability is, and how they plan to secure the best possible deal. 

How sellers can negotiate realtor commission in Miami

The cornerstone of a seller and listing agent relationship is trust, and both parties should feel comfortable with financial details before establishing that relationship - particularly on commission, which is one of the largest seller closing costs in Miami.

It may be a red flag if the brokerage you’re interested in is unwilling to negotiate their total commission and explain why. You’re embarking on a significant financial transaction, and any way you can save is crucial. If you don’t ask for a lower commission rate, you won’t get it.

How you negotiate will depend on many factors, such as the kind of property you have, the price you’re aiming for, and the work you’re willing to put in.

For instance, if the agent offers a full-service approach that includes staging the property, you can offer to take care of those costs yourself in exchange for a lower real estate agent commission.

Even though Miami real estate is always in demand, it takes knowledgeable expertise to find the right buyer and negotiate your desired price. So if you are convinced the broker is the perfect fit, negotiate accordingly to ensure you both walk away satisfied with the terms.  

How Miami buyers can save with commission rebates

Realtor fees are also directly linked to potential savings for aspiring Miami homebuyers.

Just as sellers should search for the right broker to represent them when selling a house, buyers should put in the same effort to find the perfect buyer’s agent that will offer a commission rebate.

Sellers can save by negotiating their real estate commission in Florida prior to signing a listing agreement, but buyers can save by receiving a portion of their broker’s fee as a rebate. 

In traditional real estate transactions, the seller technically pays for both the listing agent and buyer’s agent commission, as both agents typically share the commission at closing.

But this is a half-truth, as the seller usually accounts for this by embedding the extra expense into their target sale price of the home.

Modern brokerages like Prevu invest in a streamlined online buying process that makes buyer commission rebates possible. The rebates are essential tools to make homebuying more affordable in Miami and help offset high down payments and closing costs.

For example, Prevu currently offers the largest rebate in Florida, allowing buyers to receive a portion of their agent’s commission, up to 1.5% of the final purchase price of a home. 

Buying a home in Miami is not cheap, and people working on their own may overpay or even lose out on the home of their dreams without the guidance of an agent.

Why should you risk going it alone when you put hundreds of thousands of dollars, if not millions, on the line? That is why the team at Prevu Real Estate will highlight some of the key benefits of working with a buyer's agent in Miami. 

Benefits of a hiring buyer’s agent in Miami

• Advocate for your interests as a buyer
• Unlock savings with a commission rebate
• Provide local expertise for your search
• Share insights during property tours
• Guide you during offer and negotiation

Advocate for your interests as a buyer

When you buy a home from a homeowner in South Florida, you usually deal with their listing agent. 

While this person will treat you with courtesy and answer any questions you have about the property, they have no fiduciary duty to you. That means any material information you tell them can get passed to the seller, potentially hurting you in negotiations. 

A buyer's broker is your partner and has your interests as their top priority. The agent is your sounding board, helping you refine your search. If you partner with the right agent, they can even help you rebuild your savings once you close a deal on a home. 

Unlock savings with a commission rebate

While any good agent will have experience selling all types of properties across The Magic City, only a select few can offer you a commission rebate. 

A commission rebate allows your agent to provide a buyer with a portion of their commission that they receive at closing. Prevu Real Estate offers the highest commission rebate in Miami, giving up to 1% of the purchase price back to new homeowners when they get the keys to their house. 

Say you buy a storied Mission-style waterfront property in the Upper East Side of Miami for $3.5 million. If you work with a Prevu agent, you can receive up to $35,000 back at closing, which you can choose to invest into remodeling, furnishing the home, or rebuilding your savings after paying a hefty down payment and other closing costs. 

Provide local expertise for your search

There are a lot of beautiful places in Miami, some even a long-time resident may not know about. An agent can provide suggestions to open up your search. 

While you may have your heart set on moving into a Brickell condo, you may not find what you’re looking for. Your buyer's agent can suggest other areas in Miami-Dade County, like Wynwood or Key Biscayne, as both have beautiful high-rises. 

Or say you get priced out of an expensive home in the South Beach real estate market. Your agent should have a list of comparable areas that match your price point for buying a house in Miami.

A buyer's broker can use the multiple listing service to divine housing market data to give you an accurate property valuation. They also know the seasonal market trends and can tell you the best times to buy a home in Miami to avoid overpaying.

Some agents even offer online tools that help automate your search. For instance, Prevu Real Estate provides you with a digital homebuying platform where you can select your preferred home style and neighborhood. So when the ideal waterfront condo in Coconut Grove hits the market, you are the first to know. 

Share insights during a property tour

With Prevu, you can schedule a home tour at the click of a button and your agent will accompany you on the tour. You can also ask your agent to join you on open house tours.

It can be tricky to know what issues to look for in a single family home or condo. Home buyers who are not currently living in Miami may miss things like cracked stucco on the exterior or flaking paint on the interior. But an experienced agent will catch these issues and warn you of their dangers. Your agent can also help you verify square footage of a home, and research the property tax for the house.

Plus, your real estate agent can help you craft a list of questions to ask sellers, such as what renovations were done, when the roof was last replaced, and how old the electrical infrastructure is. Once you've found a home you're happy with, it is time to submit a compelling offer to purchase the home.

Guide you during offer and negotiation

Miami can be a competitive market; your offer must stand out to sellers to beat other buyers. 

Your agent will likely suggest that you get a mortgage pre-approval to show sellers you have secured financing, if you are planning to take out a mortgage. Next up, your agent will draft a purchase agreement that includes all terms related to the sale of the property. 

Your buyer's agent should also have experience dealing with sellers from all walks of life from selling and buying Miami real estate, helping you negotiate the best possible sale price for the home. 

For example, if the home needs fixing, your agent can suggest that the seller pays for repairs or that you offer to buy the house as-is with a price reduction. They will also explain your options around contingencies for financing, home inspections, or selling your home before purchasing a new one. 

If you submit an offer and the seller sends a counteroffer, your agent can guide you through any adjustments so your bid wins out if you are faced with competitors. 

Work mingles with play in The Magic City, and a beach vacation is outside your doorstep. You have year-round access to a few of the best beaches in the world, some of the finest dining and nightlife in the country, and a monumental Downtown that blends city life with oceanfront serenity. 

There’s a lot to get excited about, so let’s take the first steps toward making your homeownership dreams in South Florida a reality. 

The team from Prevu Real Estate has shared an extensive guide on everything you need to know when buying a house in Miami, from the early stages of budgeting and neighborhood hunting to the subtle details of working with a buyer’s agent and saving money on your purchase.

First steps of buying a house in Miami

• Choose your neighborhood
• Plan your budget
• Interview buyer’s agents

Choose your neighborhood

Regardless of your financial situation, figuring out where in Miami you want to shop for a house is a great way to start planning your budget. You have to grasp what prices look like in each area before getting an idea of the down payment you’ll need and what mortgage payment you can afford. 

In a city as enticing as Miami, you might get lost in all the tempting listings that dot the beachfront paradises of Miami Beach and Biscayne Bay. To narrow your search and settle on a price point, highlight your essential needs first. 

Are you ready to face the traffic of Downtown Miami during rush hour, or would you instead move to the secluded Key Biscayne and avoid the hustle and bustle altogether? Do you prefer the action-packed South Beach or the quieter beaches of Bal Harbour? 

Though there are a lot of great neighborhoods in Miami to choose from, you will have to zero in on your priorities. How important is a quick commute to work? Do you want to own a boat and have access to it every day? Will you want a pool and the maintenance cost that comes with it?

Choosing the right neighborhood may take some time, so give yourself the freedom to explore Miami and everything it offers. Soon enough, you’ll know what neighborhoods work for you, the average home price in those areas, and whether you can afford to live there. Then, you can start planning your budget. 

Plan your budget

A home buyer’s budget usually revolves around one essential item: the down payment.

Though it is the highlight of your budget, it can easily overshadow the extra costs involved in buying a home that many buyers might overlook. 

Closing costs, escrow fees, and property taxes can all add up quickly. When faced with the total cost of these items, saving for a down payment can feel like thankless work. To avoid surprises, set up your budget to include those potential costs. 

It may be daunting to save for expenses you may not end up paying, but having a safety net can give you the confidence to make a home purchase and avoid any heartbreak, especially if you find the perfect beachfront home that covers all your needs. 

There are also tools that buyers can use to increase purchasing power and ease the burden of extra costs without having to save extra. One of those tools involves working with a broker that offers a commission rebate. 

Interview buyer’s agents

Before we get into commission rebates and how they can save you thousands of dollars, it’s crucial to understand the benefits of working with a buyer’s agent. 

Most homeowners see homebuying as a clearcut path of saving, searching for listings, and reaching out to the listing agent - who represents the seller, not the buyer - about a property they like. Of course, it’s not that simple.

There are many moving pieces in a Miami real estate transaction. For example, how do you know if the listing price is fair? Do you feel comfortable negotiating a better price? How do you find a similar property if the one you like falls through? 

If any of those questions give you pause, you should consider working with a buyer’s agent.

It won’t cost you anything to start interviewing real estate agents. In fact, you can choose to start your homebuying journey by doing just that. Beginning your home search with an expert broker can make narrowing down neighborhoods much easier. 

If you decide to interview buyer agents, there are a few criteria you should consider. Ask about their expertise and the kind of deals they closed. You want to be sure they have concrete knowledge of the locale and have worked with prices in your range. 

For example, if you’re set on purchasing a home in Coconut Grove because you’ve always wanted a waterfront lifestyle, your agent should know the ins and outs of owning a house by the water, the maintenance costs, and what features to look out for. 

You should also ask about the service they provide. Are they easy to communicate with when you have questions or doubts? Do they offer online tools to make your search easier? And, most importantly, do they offer a commission rebate?

Prepare for the buying process

• Plan to save with a commission rebate
• Get a mortgage pre-approval
• Utilize online tools to streamline your search

Plan to save with a commission rebate

Buying a house is the most expensive purchase of a lifetime for most people. This means finding ways to save significant money when buying a home can make a world of difference.

Commission rebates are one of the easiest ways to do so. 

Commission rebates, or homebuyer rebates, are modern real estate tools that buyers use to save thousands of dollars when buying a home in Miami. Modern brokerages like Prevu invest in salaried agents, allowing the brokers to return a portion of their commission to the buyer upon closing. 

Prevu offers a sizable rebate in Florida, and buyers that work with Prevu can receive a commission rebate of up to 1.5% of the home sale price if you use real estate and mortgage services. 

Let’s say you are ready to buy a single-family home in Coral Gables. If, for example, you buy it with Prevu for $1,000,000, you can receive a rebate check for up to $15,000.

Those expensive closing costs we mentioned can look less frightening when you know you can expect a rebate.

Get a mortgage pre-approval

Before you start exploring open houses in your top Miami neighborhoods, consider getting a mortgage pre-approval.

If you make an offer with a mortgage pre-approval, you immediately stand out to the seller. That’s because they can enjoy the peace of mind that the deal won’t fall through because you couldn’t secure financing.

Securing a good mortgage loan is just as important as saving up for a down payment. It’s a good idea to start thinking of ways to improve your credit score and debt-to-income ratio (DTI) as soon as you commit to becoming a homeowner in Miami. 

Having a sparkling financial record can significantly impact the interest rate you secure, and may even enable you to make a smaller down payment. The better your score and DTI, the better your chance of having a manageable monthly payment and putting down less than 20%. 

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Utilize online tools to streamline your search

We mentioned earlier that when you interview buyer agents, it’s essential to ask if they offer online tools to make the homebuying process more manageable.

These aren’t just alerts and occasional emails with suggested listings. A modern online platform can help transform how buyers experience their home purchase in Miami.

For example, Prevu’s digital buying platform is designed to empower the buyer from the get-go. It allows you to input multiple search criteria to zero in on the specific type of property you want to find. You can explore those listings anytime without waiting for a broker to send you “whatever they have available.”

The platform is also designed to facilitate communication between buyers and their agents. You can browse listings as long as you’d like, and the option is always there to speak with a dedicated Prevu agent about the property. Once you begin your partnership with a Prevu agent, the platform allows you to reach out anytime with any questions.

If you find that exact Spanish Revival-style home in Coconut Grove you were looking for, the next step should be to see it. Prevu gives you control over scheduling property tours with the click of a button instead of relying on back-to-back emails with a traditional agent before you can finally see a house. 

Online tools aren’t just there to make things more comfortable but also play a pivotal role in helping you move faster with your home purchase. In most real estate transactions, time is of the essence, and a slight delay can result in you missing out on your dream home.

From offer to closing - the final stretch

• Prepare to make an offer
• Do your due diligence
• The final walkthrough

Prepare to make an offer

Working with an agent makes this part of your homebuying journey much smoother because crafting a well-prepared offer can require skill and knowledge of local home prices. 

Your broker will be able to plan an effective strategy to ensure the offer can help you get the price you want or open the door to negotiations and get you as close to that price as possible. 

You’ll also want to ensure all your necessary paperwork is in order, so there’s no delay in case a specific document is needed. This is where specific online tools come in handy, as well. For instance, Prevu’s online platform offers buyers a secure and easy way to upload any documents, instantly accessible for collaboration with your agent. 

Once you are satisfied with the offer and the seller accepts, it will be time to do your due diligence.

Do your due diligence

It can’t be overstated just how important this step is. Don't skip on due diligence even if you walk into a seemingly perfect house.

It’s not uncommon for a house to look impeccable on the outside but have significant flaws on the inside. That is why the first order of business is always a general home inspection. Unless you have someone you trust, your agent will be able to recommend expert inspectors in the area that they have previously worked with.

The general inspection is meant to comb through all the essential parts of the home, but you may have to hire specialists if specific parts of the house need fixing or looking at. 

Arguably the most important of these are the roof, plumbing, and HVAC systems. Repairing or replacing any of these items is a serious expense. They should be your main focus as you inspect your potential home, so don’t be afraid to ask the inspector to pay close attention to those areas. 

Last steps and the final walkthrough

When the inspections are complete and everything is in order, you’ll be at the final stages of your journey. 

If you are satisfied with the home's condition, you can notify your lender that you’re ready to move forward, and they will send a professional to appraise the house. This is to ensure that the value of the home justifies the price. 

Though not required in Florida, unless you lender requires such, it can be a good idea to explore homeowner insurance options. Some lenders may require it before releasing funds, but regardless of lender requirements, it’s always a good investment to ensure your future property is insured.  

If everything checks out from your lender, you will be cleared to close and ready to do the final walkthrough.

These usually occur the day before or the morning of closing. It’s your final chance to comb through every nook and cranny of the house, double-check that any agreed-upon repairs were completed by the seller, and to make sure you are satisfied with everything. 

Once you close, you will officially become a Miami homeowner. And, if you worked with Prevu, you can kick back and expect your rebate check to arrive within a few days.

Homes for sale in Miami, FL

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Staking a claim in the Big Apple is a feat anyone can be proud of.

However, navigating the NYC real estate market can be demanding, even for the most seasoned home buyers. From building rules to specific layouts to city regulations about what you can and cannot do, the hoops to understand and jump through will give you a run for your money.

Couple those challenges with New York City’s infamous price points, and you’re looking at a complex journey when buying an apartment in one of the world’s most legendary cities.

Luckily, buying an apartment in NYC is not as herculean a feat as one might think, especially if you partner with an expert agent who can guide you through all the complexities of the market while utilizing all the necessary tools at your disposal.

Below, the Prevu team will guide you through a step-by-step process for preparing to buy an apartment in New York City, from exploring neighborhoods and deciding on a budget to selecting the right property type and working with an agent who can help you save money.

Buying an apartment in NYC

• Hire an experienced buyer’s agent
• Leverage commission rebates to save
• Choose the right neighborhood
• Decide on a condo or co-op
• Consider new construction
• Get a mortgage pre-approval
• Create a structured budget
• Prepare for property tours and open houses
• Make an offer
• The building application process
• Closing on your NYC apartment

Hire an experienced buyer’s agent

Leverage commission rebates to save on your purchase

If you’re going to shell out the funds to buy an apartment in one of the most expensive cities in the world, you’ll want to have every available tool at your disposal to help you save. 

Commission rebates, also known as buyer rebates, are among the most effective, but you’ll have to work with a brokerage that offers them.

A rebate is a portion of your buyer’s agent’s commission fee given back to you after closing on a home. Brokerages that work with commission rebates invest heavily in technology to empower buyers and unlock these extra savings, helping to make homebuying more affordable. 

For instance, Prevu Real Estate offers the largest rebate in NYC, allowing buyers to potentially receive up to 1% of an apartment’s final purchase price once they close via the firm’s Smart Buyer Rebate.

The brokerage also gives buyers access to a digital homebuying platform to give them more control over their search, including direct access to expert salaried agents. Combining these tools helps Prevu provide effective rebates for buyers.

These savings can help offset expensive closing costs in NYC, replenish funds after a sizable down payment, or jumpstart a furnishing budget for your new apartment.  

<smarttip text="Thinking about buying a fixer-upper in NYC? Get advice on how to approach a renovation to transform your purchase into your dream apartment." cta_url="https://www.prevu.com/blog/how-much-does-a-gut-renovation-cost-in-nyc" cta_text="Learn how to plan for a gut renovation in NYC"></smarttip>

Choose the right neighborhood

Decide on a condo or co-op

Consider new construction

New construction can be an enticing option when buying an apartment in NYC, offering a fresh start in a brand-new space. But, like everything in this city, it has its own pros and cons.

One of the biggest perks of new construction is that you’re the first person to live in the unit. Everything is sparkling new, from the appliances to the fixtures, with no traces of past occupants. Modern designs, state-of-the-art amenities, and energy-efficient systems can make your life easier and more comfortable. Buildings often come with high-end perks like fitness centers, rooftop terraces, and concierge services that add a touch of luxury to everyday living.

Of course, all these benefits come at a price. 

These units tend to come with a higher price tag than older properties. And, if the building is still under construction or newly completed, you might have to deal with ongoing construction noise and the occasional inconvenience. 

Navigating the world of new construction can be much smoother with an experienced buyer’s agent by your side. They know the ins and outs of these deals and can guide you through the complexities. An agent can help you assess the developer's reputation, the quality of construction, and the long-term prospects of the building and neighborhood. They can also give you the inside scoop on exclusive listings and early-bird opportunities you might otherwise miss.

When negotiating new construction, there’s more on the table than just the price. While the unit's base price might be set in stone, many other aspects are up for discussion. Think upgrades or customization options to better suit your taste—like selecting premium finishes or requesting specific layout modifications. Developers might also be willing to cover some of your closing costs or throw in incentives like free storage units or parking spaces.

It’s crucial to review the developer’s contract with a fine-tooth comb, however. These contracts can be long and detailed, often favoring the developer. Having your buyer’s agent and a real estate attorney review the terms can help you spot any potential pitfalls and ensure your interests are protected.

Get a mortgage pre-approval with a mortgage broker

Create a structured budget

Prepare for property tours and open houses

Getting ready for property tours and open houses is a key part of your NYC apartment-buying adventure. They allow you to see potential homes up close and personal, helping you decide which one feels just right. 

Research and shortlist apartments that tick your boxes and then work with your buyer’s agent to map a schedule that lets you hit multiple spots in one go. Since weekends are prime time for open houses, plan your days to maximize these opportunities.

Bring along a checklist. Jot down the must-have features you’re looking for, like the number of bedrooms, the layout, building amenities, and proximity to the subway. As you tour each property, use this checklist to stay focused. Take notes and snap photos to capture the details that catch your eye.

Keep an eye on the condition of the apartment and the building. Look for signs of wear and tear, potential maintenance issues, or recent renovations. Check the quality of fixtures, appliances, and finishes. And don’t be shy—chat with current residents to get the inside scoop on the building’s management and community vibe.

Ask plenty of questions and gather all the information you can. Inquire about the building’s rules, fees, and any upcoming assessments or projects that might affect your living experience or financial commitment. The more you know, the better equipped you’ll be to make a smart decision.

After making the rounds, take some time to review your notes and compare your options. Discuss your impressions with your buyer’s agent to narrow down your choices and figure out which apartments deserve a second look. Their insights can help you weigh the pros and cons and guide you toward the best fit.

Make an offer

This step is where the excitement ramps up, but it's also where strategy and savvy negotiation skills come into play. 

Start by determining a competitive offer price. Work with your buyer's agent to analyze comparable sales in the building and neighborhood. This will ensure your offer is in line with current market conditions. Consider factors like the apartment’s condition, amenities, and unique features when setting your offer price.

For condos, the offer process is fairly straightforward. You’ll submit a written offer that includes the proposed purchase price, desired closing date, and any contingencies, such as financing or inspection. Your agent will present this offer to the seller or their agent. Be prepared for potential counteroffers and be ready to negotiate terms until you reach a mutually acceptable agreement.

Making an offer on a co-op has its own set of challenges. Besides the standard offer letter, you may need to provide a REBNY Financial Statement including details about your income, assets, and liabilities. 

Co-op boards are known for their rigorous application processes, so demonstrating financial stability is crucial. Once your offer is accepted, brace yourself for the infamous co-op board application and interview. Leverage your buyer’s agent expertise to help you prepare, and don’t shy away from asking the seller about what their experience was like when they bought the co-op and if they can offer any tips.

Regardless of the property type, consider including contingencies in your offer to protect your interests. Common contingencies include financing (if you are obtaining a mortgage), inspection, and review of the building's financials and bylaws. These contingencies give you an exit strategy if any issues arise during the due diligence period.

Negotiation is a critical part of the process. Sellers may counter your initial offer, and you’ll need to decide whether to accept their terms or counter again. Remember your maximum budget and priorities during this process to avoid overextending yourself.

Once both parties agree on the terms, you’ll sign a purchase agreement, reviewed by both parties' attorneys. This legally binding contract outlines all the agreed-upon terms and conditions. 

The building application process

Closing on your NYC apartment

This last leg of your journey is a mix of excitement and a dash of paperwork frenzy, but at least you have the finish line in sight.

Once you are cleared to close, it’s time for the final walkthrough. Check that all repairs have been made, appliances are functioning, and no new issues have popped up since your last visit.

Next is the closing day, which typically includes the buyer, seller, real estate agents, attorneys, and a closing agent. You’ll review and sign a stack of forms, from the mortgage documents to the final closing disclosure, which outlines all your costs and loan terms.

Speaking of costs, be ready to tackle the closing costs. These can include fees for the appraisal, inspection, title insurance, and any attorney fees. For some NYC apartments, you might also encounter the mysterious "flip tax," a fee some co-op boards charge when an apartment changes hands. Ensure your pockets are prepared for this, as it can be a surprise expense.

Once all the signatures are in place and the funds are transferred, the deal is done—literally. The deed will be transferred to your name for condos, and you’ll officially be the owner. You’ll receive the stock certificates and proprietary lease for co-ops, symbolizing your ownership stake in the cooperative corporation.

For outdoor enthusiasts, both Alameda and Contra Costa Counties offer premium locations between rolling hills to the east and the San Francisco bay to the west. Whether by land or sea, there’s always a new adventure. 

For foodies, each city provides opportunities to experience everything from international cuisine to fine dining, depending on the neighborhood. 

The job market is equally abundant in the East Bay with multiple tech start ups, universities, and hospitals making careers of all kinds available. 

With so many incredible cities making up the East Bay housing market, it can be difficult to decide which one is the best for you. That’s why the team at Prevu Real Estate compiled a list of the best cities to buy a house in the East Bay. 

Best cities in the East Bay

• Hayward
• San Ramon 
• San Leandro 
• Albany 
• Berkeley
• Alameda
• Fremont
• Oakland 

Hayward

The entire Bay Area is accessible from Hayward, earning it the moniker “the heart of the bay”. Situated at the western base of the San Mateo-Hayward Bridge, and only 30 minutes from both San Francisco and San Jose, Hayward’s location is impeccable. 

You’ll rarely need to leave Hayward though, as it essentially has everything you’ll need.

For nightlife, residents head downtown. Here, murals commissioned by the city decorate the walls and local restaurants like the colorful La Piñata line the streets. 

To the north, Target and Home Depot lie on either side of Hesperian Boulevard, while Southland Mall features well-known staples like Macy’s and Sephora one mile away. 

The trails of Eden Landing Ecological Reserve are one of Hayward’s key features. Whether you’re there for a quick hike, birdwatching, or the sunset over the bay, the reserve has something for everyone. 

Hayward is also host to the East Bay campus of California State University, bringing students and an abundance of careers to the city. 

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San Ramon

Bordered by the Oakland Hills to the west, San Ramon is a peaceful oasis of neighborhoods and green open spaces, like the Crow Canyon Gardens and Central Park. 

The city’s rolling hills are ideal for golfing which has resulted in four unique courses all within the city’s limits. In fact, many of the homes sold in this area are purchased by gold enthusiasts. 

For those seeking larger houses and plots of land, the meandering streets of San Ramon are lined with single-story ranches and single family homes built in California’s classic, Spanish architectural style. 

For a fun night out, locals enjoy THE LOT City Center. This multileveled indoor/outdoor mall features local restaurants and breweries, a movie theater, coffee shops, and an open-air square. 

Though modest in size, San Ramon serves as home to some major corporations, like 24 Hour Fitness, Chevron, and AT&T’s West Coast office, providing career opportunities to residents. 

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San Leandro

With Route 185, and interstates 880 and 580 running through San Leandro, the whole Bay Area is easy to access. More specifically, the Oakland International Airport creates the northwest corner of the city, meaning the airport is ten minutes away from anywhere in the city.  

For those hoping to escape the bustle of city life, the Oyster Bay Shoreline offers sweeping views of the San Francisco Bay and an 18-hole disc golf course. The Lake Chabot Regional Park creates the western border of the city. While famous for its multitude of sunset viewpoints, Lake Chabot is also perfect for fishing, camping, hiking, and fishing. 

Scattered throughout each corner of the city are commercial parks with well-known businesses like Walmart and Marshalls. However, the city’s local flare is on display in downtown San Leandro with places like the Pelton Cafe. Serving classic American breakfast fare, the walls of this one-of-a-kind cafe are covered with decorative pitchforks, antlers, and wagon wheels. 

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Albany

A quaint city of less than 6 square miles in Alameda County, Albany’s slanted streets and colorful homes mirror the historic spirit of San Francisco, which can be seen across the bay from the Albany Waterfront Trail. 

One of Albany’s unique features is the Golden Gate Field, the only horse racing track in the Bay Area. Dating to 1941, this former marshland was filled with dirt to create land for the construction of the racetrack. 

Albany’s most noteworthy event is the Solano Stroll, which takes place on Solano Avenue each September. First held in 1974, the Solano Stroll began as a way for local businesses to feature their products and show appreciation to their customers.  

The festival has grown from its modest beginnings to an annual attendance of nearly 300,000 people. Each year the fair begins with a parade followed by a variety of musicians, international food vendors, and street performers.

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Berkeley

Directly south of Albany lies Berkeley, a much larger city with a variety of real estate. In north Berkeley, the winding streets of the Cragmont and La Loma neighborhoods hug the sloping hillside. Amongst the mature foliage and meticulously maintained properties of these neighborhoods, no two houses look alike. 

Throughout the remainder of the city, there are an assortment of homes for sale ranging from bungalows and tudor homes, to newer contemporary builds. 

To the west, the Berkeley Hills provide ample outdoor recreation to the residents of Berkeley. Though the trails and viewpoints seem limitless, the 360° view Inspiration Point is particularly stunning. From here you may even catch a glimpse of the bay when skies are clear. 

University of California, Berkeley is situated on the eastern side of the city. The famous university influences Berkeley in major ways, from educational and career opportunities to the progressive atmosphere of the city. 

Historically, Berkeley created zoning laws that favor local businesses over chains. The result is a thriving downtown with a variety of original restaurants, cafes, and bars. Most notably, Freight & Salvage Coffeehouse serves as a venue for traditional and original musicians from everywhere to showcase their songwriting skills. 

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Alameda

Located almost entirely on Alameda Island, the city of Alameda is an attractive bet for anyone hoping to live near the water. A surprising variety of homes is available in Alameda, from early 1900 beach cottages to townhomes on Bay Farm Island. 

Being on an island doesn’t mean the city lacks amenities. Despite its size, Alameda boasts both the College of Alameda, and Alameda Hospital. The Alameda Landing Shopping Mall also hosts Target and Starbucks as well as California favorites, Safeway and In-N-Out Burger. 

Alameda is separated from the city of Oakland by a thin channel of water called The Oakland Estuary. The Webster Street Tube and the Posey Tube ensure a 15 minute commute across the waterway to Oakland from most neighborhoods in Alameda.

Being on the water has its perks if you enjoy traveling by boat. The San Francisco Bay Ferry departs from Main Street Ferry Terminal, stops in Oakland, and continues on to San Francisco.  Even longtime residents will enjoy crossing the bay in scenic fashion and arriving among the high rise buildings on the northwest side of San Francisco. 

For those who enjoy the outdoors, the Corica Park Golf Course and the Harbor Bay Trail both give way to fiery sunset views of the San Francisco Skyline. 

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Fremont

Located near the southern point of the Bay, Fremont is one of the largest cities in the Bay Area. 

Its abundance of land makes Fremont a haven for outdoor enthusiasts with over 50 parks and recreational areas. The Coyote Hills Regional Park is especially beautiful with barren hills and foggy marshes akin to the Scottish countryside. 

Although Fremont permits an easy commute to San Jose and Oakland via Interstate 880, it sustains a job market all its own. The tech scene is particularly alluring for those building careers. Tesla and the Sigma Corporations are some examples of major tech companies with offices in town. 

While there are numerous commercial parks spread all across the city with big box stores like Whole Foods and Costco, the city has a developing downtown area southwest of Lake Elizabeth, known as the Central District. Here, residents can dine on an array of international cuisine that mirror’s Fremont’s diverse population. 

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Oakland

Just 15 minutes away from San Francisco by car or train, Oakland residents benefit from everything San Francisco has to offer at a more approachable listing price. 

Driven by its diverse community, Oakland’s food scene is both varied and delicious. From authentic Vietnamese food, to traditional American comfort food and Cajun seafood, Oakland is brimming with culinary options. 

For any homebuyer who wants more space, Oakland offers a housing market as varied as its food scene. Neighborhoods like Redwood Heights and Temescal are optimal for first-time buyers searching for a home in the median price range. On the other hand, neighborhoods such as Trestle Glen and Woodminster offer luxury homes nestled into the Oakland Hills. 

No matter where you live, Oakland is full of entertainment, from outdoor recreation to nightlife. East of Oakland are hundreds of opportunities for hiking, mountain biking, and camping among the redwoods. To the west is the famed bay with everything from sailing to unforgettable sunsets. 

After enjoying a day outside, residents of Oakland make their way downtown. West of Lake Merritt, between Harrison Street and Broadway, Oakland’s nightlife is vibrant. From comedy clubs, to live music and dance clubs, a night out is always exciting in Oakland. 

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Interested in buying a home in the East Bay area? Learn how much you can save with Prevu’s Smart Buyer Rebate.

Stately, historic, and bursting with charm, these multi-story gems can be the dream of any buyer looking to claim their slice of urban serenity. But while the dream is sweet, navigating the NYC townhouse market can feel more like a whirlwind—filled with high stakes, unique rules, and limited inventory.

Found within the leafy streets of the Upper West Side and the stately alcoves of the Upper East Side, townhouses are some of the most sought-after real estate in the Big Apple. So, how do you score one of these sought-after beauties? To start, partner with a knowledgeable and experienced buyer’s agent, do your homework, and be financially prepared. 

Below, we’ll explain the essentials of buying a townhouse in NYC, break down the neighborhoods to look in, demystify the financing and inspection process, and highlight those quirky NYC rules no one tells you about.

Buying a Townhouse in NYC

• What is a townhouse in NYC?
• Where to find townhouses in NYC
• What types of townhouses are there?
• Laws and regulations for townhouses in NYC
• Partnering with a buyer’s agent with townhouse experience
• Leveraging commission rebates to save money
• Financing your townhouse purchase
• Townhouse inspections and due diligence in NYC
• The closing process for a NYC townhouse
• FAQs about buying a townhouse in NYC

What is a townhouse in NYC?

New York City townhouses are the definition of architectural allure. They’re not cookie-cutter apartments in towering glass buildings—full-fledged homes with history, charm, and, best of all, autonomy. 

Unlike co-ops or condos, where rules and boards reign supreme, townhouses are generally all yours. And while your neighbors might share your sidewalk, they won’t share your walls. Townhouses offer the ultimate privacy for buyers craving a quiet oasis in the city's heart.

But townhouses aren’t just private—they’re iconic. Whether it’s a brownstone with a rich mahogany interior or a limestone beauty in Carnegie Hill, NYC townhouses are living pieces of the city’s history. Many date back to the 19th century, and despite their age, their appeal remains evergreen. 

Where to find townhouses in NYC

Buying a townhouse in NYC means knowing where to look. While Manhattan is still the epicenter of some of the most stunning—and expensive—townhouses, don’t overlook Brooklyn’s brownstone-lined streets.

Popular Manhattan neighborhoods with townhouses

• Upper West Side: If you dream of sprawling brownstones in close proximity to Central Park, this is where you want to be. Townhouses here often feature iconic stoops, charming pre-war details, and proximity to museums and cafes. It’s family-friendly, picturesque, and quintessentially NYC.
• Upper East Side: Bohemian charm meets old-world elegance in this iconic neighborhood. Think tree-lined streets, historic 19th-century townhouses, and an energy that’s equal parts chic and timeless.
• Harlem: Harlem’s gorgeous brownstones carry a wealth of history and charm. Add to that a world of diverse food, cultural attractions, and monumental parks and museums, and you’ve got one of the most unique neighborhoods to consider.
• Chelsea: If you love blending history with modernity, Chelsea is your go-to. Renovated townhouses often feature cutting-edge interiors while still retaining their classic facades.
• West Village: With some townhouses dating back to the early 1800s, the West Village captures a glimpse into the city's rich architectural heritage amid cobblestone streets and a bustling nightlife.

If you’re willing to venture across the river and consider buying a townhouse in Brooklyn, consider exploring some of the iconic neighborhoods near Prospect Park, such as Park Slope, Windsor Terrace, and Prospect Heights. The brownstones and townhouses you may find there give Manhattan a run for its money. The townhouse dream is alive and well across boroughs—you just need to know where to look.

What types of townhouses are there?

The first thing to know is that townhouses come in two main types: single-family and multi-family.

Single-Family townhouses

These are the holy grail of townhouses. Entirely yours to live in, with no tenants or shared spaces, they provide ultimate privacy and flexibility. Whether planning to renovate or move right in, single-family townhouses give you complete control.

Multi-Family Townhouses

These properties come with built-in income potential. Typically divided into two or more units, multi-family townhouses allow you to live in one unit while renting out the others. Although it comes with landlord responsibilities, it’s a great way to offset costs.

Townhouses tend to be more expensive than apartments, but for good reason. You’re buying space, privacy, and a piece of history. Prices vary dramatically depending on location, condition, and amenities. An Upper West Side gem could set you back $6-10 million, while a Harlem brownstone might hover closer to $2-3 million.

Laws and regulations for townhouses in NYC

If you’re buying a townhouse in Manhattan, you’ll need to familiarize yourself with zoning laws, property taxes, and, most importantly, historic preservation regulations.

• Landmark Preservation: Many townhouses sit within historic districts (think Greenwich Village or Carnegie Hill). If you’re dreaming of renovating that 19th-century facade, you’ll need approval from the Landmark Preservation Commission. Exterior changes can be tricky, but don’t let that scare you—it’s all part of owning a piece of history.
• Zoning Laws: NYC zoning codes dictate what you can and can’t do with your townhouse. If you want to add a rooftop terrace or extend the back of the home, check with the city first to avoid headaches.
• Property Taxes: Unlike co-ops, where taxes are baked into maintenance fees, townhouse owners pay property taxes directly. Expect higher taxes in upscale neighborhoods, but remember that these costs are part of owning your castle in the city.

Partnering with a buyer’s agent with townhouse experience

Partnering with a buyer’s agent is one of the smartest moves you can make when buying a townhouse in NYC, especially considering the market’s complexity, competitive nature, and high stakes.

So, what does a buyer’s agent bring to the table? First and foremost, expertise and experience. NYC townhouses are a world unto themselves, with nuances ranging from ownership types (condo vs. co-op vs. fee simple) to zoning laws, renovation regulations, and financing quirks. A great buyer’s agent knows the lay of the land and can quickly narrow your search to properties that fit your budget, lifestyle, and long-term goals. They’ll guide you through the maze of listings, coordinate showings, and decode the fine print of each property so you know exactly what you’re buying—no surprises.

Buyer’s agents are also savvy negotiators. When you find that perfect townhouse on a picturesque Upper West Side block or in a bustling corner of Brooklyn Heights, you’ll want someone in your corner to help you land the deal. Whether it’s negotiating price, contingencies, or closing terms, a buyer’s agent knows how to strategize based on market conditions and seller motivations. This can make all the difference in a competitive bidding situation, especially when townhouses—often in limited supply—spark intense buyer interest.

Perhaps most importantly, a buyer’s agent acts as your advocate and advisor throughout the entire purchase process. They’ll coordinate with attorneys, inspectors, and mortgage lenders to keep everything on track. They’ll also help you avoid common pitfalls, such as skipping an essential inspection or missing a key deadline in your contract.

Leveraging commission rebates to save money

Purchasing a townhouse in NYC is a titanic investment. Even if you carefully align your finances to make this investment possible without straining your wallet beyond reason, money saved is money saved. And for a purchase as significant as a townhouse, few real estate tools can net you savings like a commission rebate.

In simple terms, a commission rebate is a portion of the seller-paid buyer’s agent commission fee received for representing you, which is given back to you after closing in the form of a rebate check. 

Modern brokerages like Prevu invest in a tech-forward approach and a seamless digital homebuying platform that unlocks the largest commission rebate in NYC for aspiring homebuyers. 

For instance, buyers can potentially receive up to 1.5% of their home’s final purchase price after closing with Prevu. For a townhouse that can easily cost tens of millions of dollars, the potential rebate can generate significant savings that can be used to cover expensive closing costs, jumpstart a furnishing budget, or simply replenish cash reserves.

Financing your townhouse purchase in NYC

Buying a townhouse in NYC, particularly in sought-after neighborhoods like the Upper East Side or Greenwich Village, often means navigating high-profile transactions with equally high stakes. While many townhouse buyers buy all-cash, financing such a purchase requires other aspiring homeowners to have well-planned strategy and a deep understanding of the unique challenges tied to high-value properties in the city.

First, securing pre-approval for a mortgage is non-negotiable. Lenders will typically look at your creditworthiness, debt-to-income ratio, and liquidity. High-value townhouses often require jumbo loans because their price tags exceed conventional loan limits. These loans come with stricter qualification criteria, including higher credit scores and substantial cash reserves, which reassure lenders of your financial stability. Buyers should be prepared to provide extensive documentation and be ready for more stringent scrutiny of their financial health.

Another critical factor is the required down payment for a townhouse. While 20% is often cited as the standard, high-profile townhouse purchases may require 30% or more, especially for properties priced in the multi-million-dollar range. 

Additionally, lenders may require buyers to demonstrate the ability to cover several months of mortgage payments in reserves. This ensures buyers can comfortably manage the financial obligations of owning a luxury property.

Townhouse inspections and due diligence in NYC

While NYC townhouses are rich in charm and history, they also present unique challenges that demand a meticulous approach to inspections and due diligence. 

The first step is hiring a licensed home inspector who specializes in townhouses. Unlike apartments or condos, townhouses are standalone structures, meaning you’re responsible for the foundation, roof, plumbing, electrical systems, and more. A thorough inspection will identify potential red flags such as water damage, outdated wiring, or structural issues. For older properties, inspectors should also look for aging materials that may require replacement.

Once the inspection is complete, the due diligence process begins. 

This step goes beyond just structural concerns—it includes understanding the townhouse’s history and legal standing. For instance, has the property undergone significant renovations? If so, were the necessary permits obtained and work completed to code? 

Title searches are also critical, ensuring there are no liens, unpaid taxes, or boundary disputes that could complicate your ownership. For townhouses with shared walls, known as "party walls," reviewing any agreements with neighbors is essential to avoid future conflicts over repairs or modifications.

Another vital aspect of due diligence is understanding zoning and landmark restrictions. NYC’s zoning laws and historic preservation rules can significantly affect how you use or renovate your townhouse. 

In neighborhoods like Carnegie Hill or the Upper West Side, where many properties fall within historic districts, restrictions may limit your ability to alter the facade, windows, or other architectural elements. Consulting with a real estate attorney or zoning expert can help you navigate these regulations and ensure your plans align with city requirements.

The closing process for a NYC townhouse

Closing on a townhouse in NYC might feel like a whirlwind of paperwork, but it’s far less rigorous than a grueling co-op board application process.

Closing costs in NYC are a critical component to budget for, and they extend well beyond just a townhouse’s purchase price. Among these is the infamous NYC mansion tax, a surcharge levied on properties with sale prices of $1 million or more. This tax begins at 1% of the purchase price and scales upward for more expensive properties, potentially adding tens of thousands to your closing costs. It’s an unavoidable expense for most townhouse buyers in Manhattan, making it essential to factor this into your financial planning from the outset.

In addition to the mansion tax, expect to pay fees for title insurance, legal services, and other standard closing costs. Lender-related costs like appraisal fees, loan origination charges, and mortgage recording tax will also apply if you're financing your purchase. 

Carefully review your closing disclosure to ensure all costs are accurate and accounted for. Your real estate attorney will be invaluable during this stage, ensuring the transaction is completed correctly, and the deed is transferred without issue.

Finally, the last step is the final walkthrough, where you’ll confirm that the property is in the agreed-upon condition. Check that any requested repairs have been completed, appliances are functioning, and no unexpected damages have occurred since your last visit.

FAQs about buying a townhouse in NYC

• What is the difference between a brownstone and a townhouse? A brownstone is a type of townhouse made with a specific brown sandstone facade. All brownstones are townhouses, but not all townhouses are brownstones.
• How much does a townhouse cost in Manhattan? Prices vary by location but generally range from $4 million to greater than $10 million, depending on size and condition.
• Can I renovate a townhouse in a historic district? Yes, but you’ll need approval from the Landmark Preservation Commission for exterior changes.
• Are townhouses subject to HOA fees? Unless you buy into a specific group of townhouses that an HOA manages, you shouldn’t have to worry about HOA fees.
• What are the ongoing costs of owning a townhouse? Property taxes, homeowner’s insurance, maintenance, and any renovation costs are the primary expenses.
• Is buying a multi-family townhouse a good investment? Depending on your financial goals and possibilities, a multi-family townhouse can be a very lucrative venture. Renting out units can offset mortgage costs and generate long-term income.

Townhouses for sale in NYC

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Yet its idyllic position, only 30 miles north of Miami, sets it apart as a more laid-back version of beachside life that makes South Florida so famous. Fort Lauderdale beaches are world-class, and Downtown Fort Lauderdale is packed with activity and entertainment. 

Below, we provide aspiring homebuyers with a quick tour through some of the best Fort Lauderdale neighborhoods and surrounding towns as they consider where to live in Broward County.

Best Neighborhoods in Fort Lauderdale Area

• Central Beach
• Victoria Park
• Colee Hammock
• Rio Vista
• Las Olas Isles
• Sunrise
• Plantation
• Pembroke Pines

Central Beach

Central Beach is Fort Lauderdale’s answer to Miami’s South Beach, minus the raucous party scene. Instead, it offers a broad palette of open-air cafes, high-quality restaurants, and top-notch cocktail bars.

The neighborhood playground is, of course, the beach. A winding boardwalk, separated from the sand by Central Beach’s iconic, curving white barrier, is always filled with bicycles, rollerbladers, or anyone fancying some beachfront views.

Even if exercise is not your thing, the majestic pine trees that line the Central Beach boardwalk make any outdoor activity feel like you’re away on vacation. 

If you decide to buy here, you’ll choose from some of the best condos in Miami. Much of Central Beach’s housing stock is comprised of amenity-filled high-rises and low-key luxury townhouses. Single-family homes are also scattered throughout the neighborhood, though with larger price tags.

You won’t get bored here either. Central Beach hosts the iconic Fort Lauderdale International Boat Show, while the neighborhood’s calendar is packed with open-air festivals and events. And if you’re up for it, you can explore the Swimming Hall of Fame whenever you desire.

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Victoria Park

A short distance from the posh Central Beach, Victoria Park is a monument to “Old Florida” charm. 

Victoria Park was established in the 1930s, and many of the home styles from that era are on display today, still surrounded by the same lush greenery and towering pine trees. Though one of Fort Lauderdale’s most upscale neighborhoods, it rarely feels like an exclusive enclave of mansions and retains pockets of neighborly feel almost everywhere you go.

Holiday Park, the neighborhood’s centerpiece, is one of many outdoor perks for Victoria Park residents. The park is jam-packed with various trails, outdoor courts, a recreation center, and a spacious dog park. 

But if you ever find Holiday Park tedious, you can always zoom off to the nearby Hugh Taylor Birch State Park. Here you’ll find a boatload of hiking trails and fishing spots anchored around a freshwater lagoon. And you don’t have to worry about packing lunch thanks to the nearby gastropub, Park & Ocean.

While famous for its luxury estates, Victoria Park is quite diverse in its real estate offerings. There are various condo options with competitive prices and plenty of charming townhouses with all the amenities.   

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Colee Hammock

Life in Colee Hammock can be as boutique-like as the neighborhood itself. 

Established in the early 1900s, Colee Hammock has a rich heritage reflected in its charming mix of historic homes, lush gardens, and mature oak trees. The winding, peaceful streets highlight the pace you can expect from this waterfront oasis. 

Colee Hammock Park and Victoria Park are the local hotspots for outdoor recreation. Both offer impeccable water views and plenty of spots for picnics, fishing, and lounging. 

Beyond its natural beauty, Colee Hammock offers a vibrant food and drink scene. The neighborhood is home to several popular restaurants and bars, including PLANTA Queen, which creates imaginative plant-based dishes, and Sushi Rock, a small restaurant with some of the best sushi in Fort Lauderdale.

Interested buyers can select from a wide range of price points. There are waterfront estates with private docks and cozy, modern condos with more affordable price tags. 

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Rio Vista

The neighborhood’s name, “River View,” in Spanish, should hint at what to expect from this waterfront gem. It’s similar in size to Colee Hammock and shares in being one of Fort Lauderdale’s oldest neighborhoods. 

Though tiny, Rio Vista hasn’t stopped being a top choice for aspiring homebuyers. Take a stroll down the tree-lined Rio Vista Boulevard, where you can enjoy serene views of the Tarpon River and its waterfront homes, and you’ll quickly see why. 

Rio Vista and the surrounding neighborhoods are the cream of the crop of Fort Lauderdale’s luxury real estate. It has consistently maintained a pull on the boating and yachting community because of the variety of marinas and docks and easy access to the ocean. 

The neighborhood is split into two parts; the western portion hosts the area’s elite single-family homes, while the eastern side of town is home to Rio Vista’s finger islands, where multiple yachts are parked as if they were cars on a city street.

Naturally, the homes on the tiny islands are nothing short of paradise, with many of them commanding price tags well into the tens of millions of dollars. Yet, for a neighborhood as desirable as Rio Vista, there are still enough condo and townhouse options to make it worth exploring for interested homebuyers.  

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Las Olas Isles

Few can deny that Las Olas Isles is the centerpiece of Fort Lauderdale’s upscale scene.

While Rio Vista gives you a taste of the upscale waterfront experience with its small collection of islands, Las Olas Isles is entirely made up of them. 

Stunning waterfront properties, from palatial estates to sleek modern homes, define the exclusive housing market. Each island is like a landing strip for a fleet of private yachts and boats, showcasing the area’s wealth and adding to a distinct decor unique to Las Olas Isles.  

Just like Rio Vista, the neighborhood is prized by boaters and water sports enthusiasts for its proximity to the Intracoastal Waterway and the Atlantic Ocean. It is also a hub for yacht enthusiasts and offers a variety of marinas, boat docks, and boating clubs. 

Las Olas Boulevard is one of the neighborhood’s and Fort Lauderdale’s defining thoroughfares. Attractive storefronts, eateries, cafes, all surrounded by palm trees and water, give Las Olas Isles an undeniable perk. Even the Broward Center for the Performing Arts is a short drive away, thanks to the Boulevard. 

 But while it elegantly carries the crown as one of Fort Lauderdale’s premier neighborhoods, Las Olas Isles doesn’t impose its luxury. Quaint streets lead to laid-back cafes that are anything but posh, while the blend of wine festivals and outdoor space will make you forget you’re surrounded by some of the most exclusive luxuries that Florida has to offer.  

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Sunrise

Though these next few towns aren’t neighborhoods, their proximity to the city and popularity as some of the most desirable towns in the Fort Lauderdale area, warrants a spot on this list.

 One of Boward County’s first planned communities, Sunrise easily shows off the fruits of that labor. Quiet, tree-lined streets and a breathtaking web of miniature lakes make up the city’s landscape.

Sunrise is just a 35-minute drive from Fort Lauderdale and has plenty of features you would typically find in a perfect suburb. Tranquil streets, a network of manicured parks and playgrounds, and plenty of local shops. Yet its fame comes from points of interest you’d generally find in a bustling city. 

The iconic Sawgrass Mills outlets are the shopping attraction for all of Florida, packed with countless stores and eateries. And just a few streets away is the FLA Live Arena, home to the Florida Panthers and live, big-ticket events. Safe to say you’ll have plenty to do without speeding off to Downtown Miami.  

Interested homebuyers will have much to look forward to when shopping in Sunrise. The city offers a wide selection of condo buildings all along the price spectrum. At the same time, you can find single-family homes and luxury estates all over the city.  

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Plantation

Designated as a “Tree City USA,” Plantation is known for its tree-themed identity.

Lush streets, sporting names like “Cypress Boulevard” and “Holly Lane,” reflect how enamored the city is with its healthy dose of greenery. Trees and vibrant grass fill vast stretches of Plantation, some of which host impressive estates while pristine local parks occupy others.

Every street is a pleasure to explore, never lacking in greenery or eye-catching charm. Discover them, and you’ll get a sense of Plantation’s housing stock as well. 

Many single-family homes enjoy spacious lawns. Plantation cherishes its access to the great outdoors, and residents make sure to extend that access to their homes. As a result, you’ll likely have a good selection of homes that offer green space if you decide to move to Plantation.

Golfers can chalk this city up as their top choice if they’re still undecided about where to live in South Florida. For example, Jacaranda Golf Club offers 18 holes surrounded by near-fantasy-like landscaping. Or, if you want to be closer to some action, you can frequent the Fort Lauderdale Country Club, which offers golf and highly-rated dining. 

As a cherry on top, a 19-minute drive gets you to the heart of Fort Lauderdale, giving you quick access to its beaches. 

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Pembroke Pines

What sets Pembroke Pines apart is its unbeatable location and immaculate design. Though the furthest from Fort Lauderdale among the towns we’ve mentioned, it still clocks in a 36-minute commute and is well-worth the drive.

The untamed marshes of the Everglades Natural Preserve border Pembroke to the west, while Hollywood is nestled to the east. One provides a neverending selection of unforgettable hiking trails, while the other gives quick access to some of South Florida’s best beaches. 

The best part? They’re both accessible via the 820; no turns or detours, just a straight drive in either direction.

The 820 splits Pembroke Pines neatly in half, making every part of the city accessible as well. You might live on the easternmost tip of the city, but you’ll have no issue reaching the local Costco, situated towards the western part of town.  

Naturally, a suburb this perfect will have its fair share of high-priced homes. But, Pembroke Pines extends its accessibility perks even to affordable housing. Of course, there are gated communities with monumental estates that can give anyone sticker shock, but there’s a healthy selection of diverse condos and apartments as well.

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Interested in buying a home in Fort Lauderdale? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

The requirements of each NYC co-op board may vary, but generally speaking there are several types of co-op reference letters you may be asked to provide along with your co-op board application.

Your buyer's agent will advise you on how to approach requesting letters and below are some reference letter samples you can expect to request.

Key Types of Co-op Reference Letters in NYC

• Personal Reference Letter
• Employer Reference Letter
• Professional Reference Letter
• Landlord Reference Letter
• Bank Reference Letter

What’s included in a personal reference letter?

When it’s time to select people to write personal reference letters for your co-op board application, it’s important to choose people that know you extremely well, generally close friends who you have known for a long time and can attest to your character traits and be viewed as character references.

You want the person writing the letter to be able to offer a glimpse of how he or she met you, context on how long you have known each other, as well as share a few heartwarming anecdotes or stories that put a positive light on your character, trustworthiness, and personality. It can be helpful if the personal reference is also a co-op owner and can attest to why the candidate would be a good neighbor. 

If this is the first time a reference is writing such a letter, provide them with a sample or template to point them in the right direction. (We've included a few examples later in this article!)

What’s included in an employer or professional reference letter?

In regard to professional reference letters (also referred to as business reference letters), there are typically two types that a NYC co-op may ask for - employer reference letters and more general professional reference letters.

Employer reference letters are very straightforward and will likely be requested from your human resources department at your company. These letters typically include basic information that states your current job title, length of employment with the company, confirmation of your annual base salary and related compensation, as well as a line or two that you are an employee in good standing with the company. NYC co-op boards require these as confirmation of your income and stability in your job or profession.

Professional reference letters are more similar to personal reference letters, except the writer of the letter is a business colleague. These letters provide insight on the hardworking, diligent nature of a co-op board applicant, as well as a sense of your personality in the corporate community. Your manager or a colleague you’ve worked closely with on projects can serve as a great professional reference. If you have known that person for a long period of time, ask them to include that information to show your ability to build long-standing relationships.

What’s included in a landlord reference letter?

Landlord reference letters are simply there to show you were a good tenant and that you paid your bills consistently and in a timely manner. This letter should include your former address, the length of time you were a tenant in that apartment, plus the amount of rent you were paying every month. It’s also recommended to request that your landlord describe you as a tenant, that you were a good neighbor, took great care of the apartment, etc.

What’s included in all reference letters in NYC?

Important to note, it is strongly advised that you remind all of your references to include their contact information in their letter and/or letterhead. This is extremely useful to the co-op board should they need to ask follow-up questions of the reference for additional information.

<smarttip text="Did you know you can get a buyer rebate from your real estate broker? Buying with Prevu you’ll receive a rebate of half of the commission paid to the buyer’s broker at closing." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy!"></smarttip>

What’s included in a bank reference letter?

While not always a requirement, a bank reference letter may be requested by co-ops with higher than normal financial standards. This letter is provided by the bank representative or private banker that services your account. With your permission, the banker acknowledges that your accounts are in good standing and typically highlights the length of time you have had a relationship with the bank.

Samples & Templates of NYC Co-op Reference Letters

Below are a couple example letters and templates to point you and your references in the right direction. 

Personal Co-op Reference Letter Example

Board of Directors

The Conrad

100 Greenwich Village Street

New York, NY 10013

Dear Board Members,

It is with great pleasure that I write this letter on behalf of Susie Smart who would like to purchase a cooperative apartment in your building.

I have known Susie for over 15 years and I feel fortunate to consider her a good friend. Susie is reliable, trustworthy and mature and is known for her warmth of character and generosity of spirit. She is fiscally responsible and would never take on commitments that she could not keep. She is always eager to help out her friends whenever they need advice or assistance and I have relied upon her friendship often over these many years.

Susie has put down deep roots in the Greenwich Village community, where she has lived since 2003 - first as a student at NYU where we initially met and continuing on for over a decade since graduation. She is a dedicated and involved resident, and participates in local volunteer programs at Washington Square Park.

In all of my years as a New Yorker and as a co-op owner myself, I have seen residents who are good neighbors and those who are not. It is my humble opinion that Susie would be a superb addition to your building and considerate neighbor.

Please feel free to contact me if you have additional questions.

Sincerely,

Michael Davers

246 Front Street

Brooklyn, NY 11201

michaeld@gmailemail.com

212-777-7777

Professional Co-op Reference Letter Example

Coop Board of Directors
The Conrad
100 Greenwich Village Street
New York, NY 10013

Dear Members of the Board,

I am writing this letter of reference at the request of Susie Smart in connection with her proposed purchase of an apartment in The Conrad.

Susie and I became coworkers while she was employed at American Finance in 2014. Though she was only there for 3 years, we formed a strong friendship and have remained close since. I've only known her to be extremely professional, courteous, responsible, trustworthy, sincere, and generous. My career just started to take off while Susie was at American Finance and she always went out of her way to help me deal with the pressures and confusion that came along. There are very few former employees that I have kept in close contact after they left. Susie's knowledge of the industry and her compassion make her a wonderful friend and confidant.

As a former owner of a Soho based cooperative apartment in NYC, I am very much aware of the qualities looked for in a prospective buyer. I have no doubts that Susie would not only be a respectable neighbor but that she would add great character and warmth to the building and community.

Please feel free to contact me at any time if you have any further questions.

Sincerely,

Jane Smith

123 Main Street
New York, NY 10003
Jane@gmailemail.com
212-555-5555

You set aside a hard-earned down payment, did your research on your ideal place in San Diego, and are ready to make one of the most important purchases of your life. So what’s the next step? Buyers can utilize the modern approach of a commission rebate to put more money back in their pocket.

Traditional brokerage is a thing of the past

Traditionally, a seller will hire a listing agent to represent them in a real estate transaction. Homebuyers generally have an agent representing them as well. Once a deal closes on a property, the seller will typically pay a 6% commission fee to the listing agent and that fee is then split with the buyer’s agent. 

Some real estate agents market their services to buyers as "free" because of this commission nuance. But just because the buyer’s agent receives a commission from the seller does not mean the buyer is not bearing the burden of the cost. 

The seller factors the commission into the price of the property to achieve their desired proceeds, but buyers show up with all of the money. While commission is not a line item on  the buyer’s side of the closing statement, it is synthetically embedded in the price.

In the end, the homebuyer walks away with $0 back, and the agents pocket a sizable sum. Prevu is changing all this with a commission rebate, also known as a commission refund.

What are buyer rebates in San Diego?

If a buyer goes the traditional route when buying a home in La Jolla, San Diego, a 6% commission goes to the listing agent, who then splits that amount with the buyer's agent. But buyers represented by Prevu receive a commission rebate, a practice where a real estate brokerage passes a portion of their commission to the homebuyer.

Most traditional brokerages do not offer a commission rebate, but Prevu’s tech-enabled brokerage guarantees homebuyers professional guidance every step of the way, culminating in a commission rebate. 

Prevu offers largest commission rebate in San Diego

Prevu offers savings back to homebuyers and provides an elevated level of service because agents are salaried. By creating fair wages, agents spend less time rushing to close a deal and put more effort into building a relationship with the homebuyer.

Prevu invests in a tech-forward approach, creating a digital platform for homebuyers to use, giving them greater control over their home search and buying process.

Once a buyer chooses a property, they can schedule a tour with the click of a button, and Prevu is with them every step of the way. From analyzing and identifying an ideal purchase price to preparing an offer strategy and managing the negotiations, Prevu’s full service agents collaborate with buyers throughout the entire process. 

Prevu also has a list of trusted referrals that you can take advantage of for any service you might need along the way.

Prevu’s Smart Buyer Rebate is a portion of the buyer’s commission fee, and buyers can transparently see their potential savings on every listing. These savings come in handy for closing costs, buying new furniture, or replenishing personal savings after purchase.

Commission Rebate in San Diego ($2,100,000 home example)

• Sale Price: $2,100,000
• Seller’s Agent Commission (3% of sale price): $63,000
• Buyer’s Agent Commission (3% of sale price): $63,000
• Buyer Commission Rebate (1% of sale price): $21,000

Are commission rebates legal in San Diego, California?

Home buyer rebates are legal in 40 out of 50 states and are also encouraged by the US Department of Justice to benefit consumers who purchase a new home. And California is one of the states that allow brokerages to give a rebate back to buyers. 

Although some agents may tell you that they cannot pay an unlicensed person, that is not the case, as this rule does not apply to a party of the transaction. 

Do homebuyers pay income tax on commission rebates?

Prevu is not allowed to offer tax or legal advice, and buyers should always speak to an accountant about their particular tax situation. That said, the IRS ruling on the matter shares that commission rebates can be treated as a reduction in a purchaser’s cost basis, not income, thus removing any requirement for real estate brokerages to provide a 1099. 

You can read more on homebuyer rebates in the full IRS letter ruling.

​​Prevu Real Estate, Inc. is a licensed real estate broker in California, license number 02134758.

What is the most valuable piece of advice when it comes to closing costs? Budget early.

D.C. buyers and sellers can potentially save themselves a lot of trouble by estimating and budgeting effectively. Leveraging the knowledge of your real estate agent and mortgage brokers will be essential in this process, as well as having the right information at your disposal.

Below, the team from Prevu Real Estate highlights the top closing costs for sellers and buyers in Washington, D.C., including how to figure out what you’ll pay and how to potentially offset certain costs.

What are real estate closing costs in Washington, D.C.?

Simply put, closing costs are unavoidable fees and expenses paid when closing on a home sale or purchase. 

The costs can vary for both buyer and seller depending on their unique situations. But, in general, line items such as loan origination fees, appraisal fees, title searches, title insurance, and earnest money deposits, to name a few, are some of the most common expenses.

Closing costs are unique to each transaction and are influenced by the deal's specifics, the property, the lenders involved, and the local government regulations. For example, in Washington, D.C., the transfer and deed recordation taxes can be significant, making up a considerable portion of the closing costs.

On average, you can expect closing costs to range from 2% to 5% of the purchase price. In a market like D.C., where property prices often exceed the national average, this can quickly add up to a hefty sum.

Seller closing costs in Washington, DC

• Real estate agent commission - This is often the most substantial closing cost for sellers, usually around 6% of the property's sale price

• Transfer taxes -  In D.C., the seller typically pays the transfer tax, which can be up to 1.45% of the property's price if above $400,000

• Title search - Ensures the property's title is clear of liens or encumbrances

• Home repairs - Any repair costs negotiated after the home inspection

• Seller concessions - If negotiated, these are costs the seller agrees to cover to make the deal more attractive to the buyer

Buyer closing costs in Washington, DC

• Loan origination fees - Charged by the lender to process the new loan

• Appraisal fee - To ensure the property's value matches the purchase price

• Lender’s title insurance - Typically $3.96 to $5.84 per $1000, depending on the property value

• Credit report fee - For the lender to obtain your credit report

• Inspection fee - For a professional home inspection.

• Private Mortgage Insurance (PMI) - Typically required if the down payment is less than 20% of the property price.

• Homeowners insurance - The first year’s premium is often paid upfront  at closing.

• D.C. recordation tax - Paid by the buyer, up to 1.45% of the property's price if above $400,000

How to estimate your closing costs in DC

Estimating your closing costs can help transform them from a finish-line hurdle to a smooth last step in your real estate transaction. You might not be able to foresee every last dollar, but you can certainly get a clear enough picture to plan effectively. 

To begin, it's worth taking a general rule of thumb into account: Closing costs typically range between 2% to 5% of the purchase price. Therefore, if you're looking at a property in the D.C. area, for instance, where the median home value hovers around the $600,000 mark, you can expect your closing costs to range from $12,000 to $30,000.

To narrow that range even further, you'll want to look into the specific closing costs customary in D.C. transactions, such as real estate transfer taxes, which break into multiple categories, including recording fees and grantee taxes. 

How sellers can offset closing costs

As daunting as closing costs can be for sellers, certain strategies can help offset these expenses and make the process smoother.

First, choosing the right listing agent is vital. Given that agent commissions typically account for the largest portion of the seller's closing costs, selecting an agent who offers a competitive rate could result in substantial savings. 

Next, ensure your home is in good condition before listing it. The cleaner and more well-maintained your home is, the fewer repair or concession requests you'll likely receive after the home inspection. While it may require an upfront investment, taking care of any necessary repairs can save you money in the long run.

Finally, consider the timing of your sale. Selling your home in a peak season could result in a higher selling price and more buyer competition, potentially allowing you to offset your closing costs via a higher listing price. 

How home buyers can offset closing costs

Closing costs can often surprise many first-time buyers, but there are ways to offset these expenses when buying a home, just as there are for sellers.

Arguably, the most effective tool is a commission rebate. Few other options can potentially put actual cash back in your pocket after a home purchase, but commission rebates do.

Also known as buyer rebates, commission rebates are essentially a portion of your buyer agent’s commission given back to you in the form of a rebate after closing. 

For example, Prevu Real Estate currently offers the largest commission rebate in the District of Columbia, allowing buyers to potentially receive up to 1% of their home’s final sale price via the company’s Smart Buyer Rebate. So if you purchase a home or condo near Dupont Circle for $1,600,000 via Prevu, you could receive up to $16,000 back. That extra cash can be invaluable to help offset closing costs.

Second, you can work with your agent to negotiate for specific seller concessions; this can mean asking the seller to cover a portion of the title insurance or escrow fees, for example. But remember that this may be easier to negotiate in a buyer's market when sellers are more motivated to make a sale.

Another good option is to shop for the right mortgage meticulously. Lenders can vary significantly in their fee structures and interest rates, and finding the most competitive rate can potentially save you a significant sum in the long term.

Homes for sale in Washington, D.C.

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It’s not only access to the stunning neighborhoods of Houston and its equally vibrant suburbs or the eclectic hubs of Dallas and its collection of some of the best BBQs in the world. It’s access to a seemingly endless array of housing options, lifestyles, and, of course, no state income tax.

“Everything is bigger in Texas” is not a motto thrown around lightly in the Lone Star State. You’re looking at the second-largest state in the nation, which is also home to the fourth-largest city in the U.S.

This means you’ll have a lot of exploration to do when finding the perfect home in Texas. Couple that with a well-planned strategy to ensure a successful home purchase, and you’re looking at a hefty project.

Below, the team from Prevu Real Estate outlines a quick and easy guide to make the home buying process a bit less overwhelming. We’ll break down the essential steps you can follow to help organize your Texas homebuying journey and come out on top, including how to structure your budget and utilize commission rebates to save money.

Buying a home in Texas

• Determine what property type you want
• Hire an experienced buyer’s agent
• Explore various neighborhoods
• Get a fully underwritten pre-approval
• Benefit from commission rebates
• Keep the climate in mind
• Set up an effective budget
• Attend property tours and open houses
• Focus on due diligence
• Prepare for closing

Determine what property type you want

If you have a crystal clear image of the home you want, you already completed a significant portion of the work.

Deciding on your home's exact features, style, and location is not always easy. You must consider commuting, lifestyle preferences, budget limitations, and potential backup plans. But once you have that work all set, you can move quickly on listings that fit your needs, giving you an upper hand in Texas’s competitive market. 

Start by determining the home type you want. Then, you can decide which neighborhood to search and how much home you can afford.

Condos are perfect for those seeking low-maintenance living with plenty of amenities. For example, areas like Uptown and Deep Ellum in Dallas offer modern condos with perks like pools, fitness centers, and concierge services. Buyers interested in similar options in Austin can explore areas like Travis Heights and Barton Hills, while Houston enthusiasts should check out Downtown Houston and Montrose, each with its own collection of high-end condo options. 

The more amenities and luxuries, the higher the price point. Yet, one can always explore condos with fewer perks to achieve affordability.  However, be prepared for HOA fees and potential restrictions on renovations.

Townhouses compromise between the convenience of condos and the space of single-family homes. They usually have multiple floors, giving families more room while remaining relatively low-maintenance. 

Lastly, single-family homes are ideal for those who prioritize space and privacy and are ready to take on the maintenance that comes with them. 

Hire an experienced buyer’s agent

Access to online listings gives buyers a lot of control over their home search. But it’s easy to forget that buying a house in Texas involves plenty of complicated steps aside from scrolling through potential homes and choosing one you like. Navigating those steps alone can be challenging, especially in a grand market like Texas.

A buyer's agent acts as your advocate throughout the home-buying journey. They have extensive knowledge of local market trends, neighborhood insights, and property values, which is invaluable when searching for the perfect home. They also have access to Multiple Listing Services, where most of Texas’s most coveted listings are found. 

Negotiation skills are another crucial aspect of a buyer's agent's role. They will negotiate with sellers and their agent to ensure you get the best possible deal, whether securing a lower price, favorable terms, or necessary repairs before closing. Their years of experience can help you avoid common pitfalls, organize inspections and appraisals, as well as navigate any challenges that arise during the transaction.

Most importantly, working with a brokerage specializing in commission rebates in Texas can potentially net you invaluable savings. We’ll get to that later on and why it’s important to always ask your real estate agent if they offer home buyer rebates.

Explore various neighborhoods

The key to finding the right neighborhood is prioritizing what matters most to you and your lifestyle needs. 

Consider factors such as proximity to work, access to public transportation, and the amenities you value, like parks, restaurants, and cultural attractions.

For instance, settling in the River Oaks neighborhood in Houston will net you an unparalleled residential vibe that is unmistakably one of the most coveted in the city. Yet you’ll have to commit to a longer commute if you want to visit top Houston attractions like the Museum District and the entertainment scene of Downtown.

Start by doing thorough online research to understand the neighborhoods that align with your preferences. Look at real estate listings, read community reviews, and explore neighborhood guides to gather information about each area's vibe and characteristics. 

Next, plan visits to your shortlist of neighborhoods. Spend time exploring, talking to residents, and experiencing the local atmosphere. 

You may have heard great things about Austin’s famed Zilker neighborhood, but you’ll need to visit and feel the atmosphere for yourself before committing, especially when renowned live music festivals such as SXSW Music Festival and Austin City Limits come to town, drawing crowds of visitors.

Pay attention to details such as noise levels, traffic patterns, and the overall feel of the community. Visiting at different times of the day can give you a comprehensive view of the neighborhood’s dynamics.

Get a fully underwritten pre-approval

Before considering to make an offer, ensure you get a mortgage pre-approval. If possible, get it fully underwritten. 

Unlike a basic pre-approval, which offers a preliminary estimate of how much you can borrow, a fully underwritten pre-approval confirms your loan amount, making you a more attractive buyer to sellers. This can be a decisive advantage in a competitive market where multiple offers are common.

Before taking this step, you’ll need to have all your finances in order, including financial documents, pay stubs, tax returns, bank statements, credit score, debt-to-income ratio, etc. The lender will review your situation to assess your ability to repay the mortgage loan and provide an estimate of the interest rate and mortgage payment you might achieve.. This level of detail and security in the loan amount helps reduce the risk of last-minute financing issues, giving you and the seller greater confidence in the transaction.

You can make stronger home offers once you have a fully underwritten pre-approval, as well. Sellers are more likely to consider offers from buyers with fully underwritten pre-approvals because they demonstrate serious intent and financial readiness.

A fully underwritten pre-approval allows you to close more quickly once you find a specific home. Since much of the underwriting process is completed upfront, the time required to finalize the loan is significantly reduced. This can make your offer more appealing to sellers eager for a swift and smooth transaction.

Benefit from commission rebates

Affordability becomes a key issue no matter how prepared you are to buy a home in Texas. 

We mentioned earlier that it’s essential to consider brokerages that specialize in commission rebates; that’s because a commission rebate, also known as a homebuyer rebate, is one of the most effective ways to put cash back in your pocket when buying a home.

In simple terms, a commission rebate is a portion of your buyer’s agent’s commission that you will receive after a successful closing on a home. Brokerages that work with rebates unlock these special savings for buyers by leveraging smart technology and digital tools to help buyers take more control of their homebuying journey.

For example, Prevu currently offers the largest commission rebate in Texas, allowing buyers to potentially secure up to 1% of their home’s final purchase price cash back through its Smart Buyer Rebate.

Buyers gain access to expert salaried agents to guide them through the entire homebuying process, a digital homebuying platform that allows them to streamline their search, and finally, a rebate that can generate huge savings depending on the home’s final purchase price.

The extra funds can be invaluable for offsetting closing costs, replenishing savings, or jumpstarting renovations for your new home.

Keep the climate in mind

Though Texas is known for its hot summers, there’s much more to its climate than meets the eye, especially considering how weather affects homes and utility costs.

The Lone Star State’s heat can significantly impact utility bills as air conditioning becomes necessary. When viewing homes, pay close attention to the HVAC system's efficiency and the insulation quality. Energy-efficient windows, proper attic ventilation, and reflective roofing materials can help reduce cooling costs and maintain a comfortable indoor temperature.

The high humidity levels in many parts of Texas, particularly along the Gulf Coast, can also affect your home. Humidity can lead to mold growth, especially in poorly ventilated areas. Ensure the home has good ventilation systems, including exhaust fans in bathrooms and kitchens, to mitigate moisture buildup. 

Those planning to exercise their green thumb should especially consider potential climate effects on landscaping. 

Texas's hot and dry conditions can make maintaining a lush, green lawn challenging and water-intensive. Look for homes with drought-resistant landscaping, native plants, and efficient irrigation systems that conserve water. 

Luckily, winter in Texas is generally mild, but occasional cold snaps and ice storms can occur. Ensure the home's plumbing is well-insulated to prevent pipes from freezing and bursting during sudden temperature drops. Check the condition of the roof and gutters, as ice accumulation can lead to leaks and water damage.

Set up an effective budget

Your pre-approval for a mortgage will provide a good outline for your broader budget, giving you a clear idea of your breathing room. A common beginner mistake first-time buyers make is not structuring their budget beyond the down payment.

Start by considering additional costs beyond the purchase price. 

Closing costs in Texas are significant, ranging from 2% to 5% of the home's purchase price. These costs can include appraisal fees, title insurance, attorney fees, and other related expenses. Be sure to allocate funds for these in your budget to avoid any last-minute financial strain.

Unforeseen expenses are another critical component of your budget. Home inspections might reveal necessary repairs or updates you must address, which can quickly add up. Setting aside a contingency fund can provide a financial cushion for these unexpected costs.

Preparing for a potential bidding war is another aspect that shouldn’t be ignored. Homes in desirable areas often receive multiple offers, driving the final sale price. Having extra savings reserved specifically for this scenario can give you the edge to secure your dream home without overextending yourself financially.

Additionally, consider future maintenance and ongoing costs associated with homeownership. Your budget planning should include routine maintenance, property taxes, homeowners insurance, and potential homeowners association (HOA) fees. 

Attend property tours and open houses

While photos and virtual tours can give you an initial impression, seeing a property in person allows you to experience its layout, space, and overall feel. 

Open houses are particularly beneficial because they provide a no-pressure environment to explore multiple homes. They often attract other potential buyers, giving you a sense of the level of interest in the property. As you tour each home, note what stands out to you—positive and negative. This will help you compare different properties more effectively and identify your preferences.

During these visits, be sure to ask questions. Your buyer’s agent will be an invaluable resource here, as they can engage with the listing agent to learn more about the home’s history, recent renovations, and the reason for the sale. 

Inquire about the age and condition of major HVAC, plumbing, and roof systems. Understanding these aspects can help you anticipate future maintenance needs and expenses.

Take your time to explore every part of the property, from the basement to the attic. Look for signs of wear and tear, such as cracks in the walls, water stains, or evidence of pests. These could indicate underlying issues that may require attention. Don’t hesitate to take photos and notes during your visit, as these will be useful references when comparing homes later.

Focus on due diligence

If you had to choose only one thing to pay special attention to when buying a home, ensure it’s due diligence.

Hire a professional inspector to evaluate the property's condition. They will check the structure, roof, plumbing, electrical systems, and other critical components. The inspection report will highlight any existing issues or areas that may need repairs in the future. 

Additionally, verify if there have been any major renovations or additions and ensure they were done with the necessary permits and meet local building codes.

If you’re considering buying a condo in a building governed by an HOA, review the HOA’s rules, regulations, and financial health. Request copies of the HOA’s bylaws, meeting minutes, and financial statements. Understanding the HOA’s policies and upcoming assessments or fee increases will help you anticipate future costs and community obligations.

If you’re buying a property with shared amenities or common areas, such as in a condo complex, inspect these areas, as well. Assess the condition of facilities like pools, gyms, and common grounds. Poorly maintained amenities could indicate potential future costs for repairs or upgrades.

Prepare for closing

A smooth closing process in Texas real estate requires careful preparation and attention to detail to avoid any last-minute complications.

Gather all required documentation for closing day. This typically includes your identification, proof of homeowners insurance, the purchase contract, and any other documents requested by your lender or closing agent. Organizing these papers in advance will streamline the closing process and reduce stress.

Next, conduct a final walk-through of the property. This inspection, typically done a day or two before closing, allows you to ensure that the home is in the agreed-upon condition. Check that any requested repairs have been completed, all appliances are functioning correctly, and the property is free of new damage. This is your last chance to address any issues with the seller before taking ownership.

Coordinate with the seller regarding the transfer of utilities and keys. Arrange for utilities such as electricity, water, and gas to be transferred to your name as of the closing date. Also, confirm how and when you will receive the keys to your new home.

Finally, review your homeowner’s insurance policy to ensure it is active and provides adequate coverage. This protection is essential from the moment you take possession of the property.

Interested in buying a home in Texas? Browse listings in your favorite city and see how you can save with Prevu’s Smart Buyer Rebate.

Homes for sale in Texas

• Browse listings for sale in Austin

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• Browse listings for sale in Houston

There are many condo styles in the Greater Boston area. From self-managed properties in the outlying suburbs and towns to gleaming new construction high rises in Seaport, Boston has something for every type of condo buyer. 

Plus, depending on the building and the amount of money a buyer wants to spend, some condos can even provide owners with luxury amenities like gyms, rooftop decks, and even a pool. But buying a condo is different from closing a deal on a single family home, and buyers have to plan out their condo purchase.

To help local residents decide what fits their long-term needs, below we’ve outlined a beginner’s guide to buying a condo in Boston. 

How is a condo defined in Boston?

From historic units tucked away in brick-faced buildings in the North End to high-rise units soaring above the streets of Downtown Boston, there are many types of condos in the City of Firsts. But purchasing a condo is different from a home, as owners have title to the unit but share common areas and their related costs with other building residents.

Large condo complexes have a homeowner association that hires property management firms to manage the upkeep of the property and take care of amenities like shared pools or gyms. Whereas smaller boutique condos with as as few as two unit owners might split the responsibilities of maintaining the property. 

Buyers interested in condos have to think of where they are in their life and what fits their long-term needs. Some buyers may prefer a full-service Seaport condo unit with luxury amenities, views of Massachusetts Bay, and in close proximity to the financial centers in Boston. 

But not all buyers want to live in the middle of the hustle and bustle of Downtown. For buyers seeking space, outlying towns like Brookline and Arlington offer residents a variety of green spaces and smaller two to three shared unit condos that usually come complete with a yard, multiple bedrooms, and are close to MBTA stations. 

Each style brings different amenities to the table and having an experienced real estate agent helps buyers quickly find the ideal unit. 

How can I find a real estate agent experienced with Boston condos? 

While finding a condo can be a frustrating endeavor when inventory is tight, it is easier than ever to find and interview multiple agents based in Boston. 

Longtime locals want a buyer’s agent with knowledge rivaling their own, so they can trust that their agent knows how condos compare between the North End and Beacon Hill. Many buyers impulsively go with the first or second agent they find, but Bostonians that interview multiple agents can find experienced brokers that also offer a financial benefit in the form of a commission rebate. 

Commission rebates are legal in 40 states, including Massachusetts, allowing agents to provide buyers with a portion of their commission fee when a new homeowner closes a deal on a condo. For example, Prevu Real Estate provides Boston homebuyers with a commission rebate totaling up to 1% of their home's purchase price. 

How much do I need to buy a condo? 

What amenities come with a condo?

How much are HOA fees in Boston?

How to make an offer on a condo 

Once you find that perfect North End or Seaport unit, it is time to make an offer. Considering the competition in the market, buyers should worry less about listing prices and focus first on whether the property matches their lifestyle needs. 

If it does and the seller accepts your offer, buyers begin the due diligence process and review the condo documents with their real estate attorney. When a condo owner in Boston wants to sell their property, they have to obtain a 6(d) certificate from the condominium association, which tells buyers that there are no outstanding fees owed or other expenses.

Agents can connect buyers to real estate lawyers who can help sort through these condo documents. Lawyers ensure that the title is in place and that there is no pending litigation on the property. Buyers will also want to know how much reserve capital the condo association has on hand, as these funds usually cover major repairs to the property. 

Once the terms are accepted and agreed upon by both parties, buyers can expect to get the keys to their new Boston condo within 30 to 45 days after an accepted offer.

Condos for sale in Boston

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The NYC mortgage recording tax is one of the largest buyer closing costs NYC homebuyers pay when using a mortgage to finance a large portion of their property purchase.

You are probably thinking, “Oh great, more taxes.” Not to worry! We’ve outlined below some helpful information to better understand how much you will pay, when the tax is applicable, and how you can offset the mortgage recording tax with the savings of a commission rebate.

How much is the mortgage recording tax included in buyer closing costs in NYC?

Mortgage Recording Tax Example in 2024

• Purchase Price: $2,000,000
• Down Payment: $400,000
• Mortgage Amount: $1,600,000
• NY State Mortgage Recording Tax: $8,000
• NYC Mortgage Recording Tax: $22,800
• Total Mortgage Tax: $30,800

The mortgage recording tax is calculated based on the mortgage debt, which in this case is the loan amount of $1,600,000.

<smarttip text="Did you know you can save thousands on your NYC condo with a commission rebate? Buying with Prevu you’ll receive a rebate of half of the commission paid to the buyer’s broker at closing." cta_url="https://www.prevu.com/buyer" cta_text="Learn how to save when you buy"></smarttip>

NYC co-ops are the exception to the rule

If you are buying a co-op in NYC, you are in luck – you will not have to pay a mortgage recording tax. When purchasing in a co-op, you are actually buying shares in the corporation that owns the co-op and you have a proprietary lease on the apartment unit in the building. As a result, co-ops are not considered real property in New York City, and since the co-op loans are secured by the shares in the corporation they are not subject to the city and state recording taxes.

Condos, single family homes, and multi-family homes are classified as real property and will be subject to the mortgage recording tax on any loan amounts. You can estimate what you can expect to pay with our NYC Closing Costs Calculator.

Offset the NYC mortgage recording tax with a commission rebate

Nobody likes paying taxes, but if you find yourself having to shell out extra money for the mortgage recording tax, you can offset this tax with the cost-saving strategy of a buyer commission rebate.

Receiving a commission rebate allows you to get cash back from your real estate broker. With Prevu’s Smart Buyer™ Rebate, you receive a commission rebate of two-thirds of the commission Prevu receives for representing you as a buyer's broker. For example, if you buy a $2,000,000 condo with 20% down payment, your commission rebate totals up to 1.5% of the purchase price. That’s a savings of $30,000 that you can use to offset all of your $30,800 mansion tax and then some.

Reduce the mortgage recording tax on NYC condos with a CEMA (when possible)

Interested in buying a condo in NYC? Browse listings and see how much you can save with Prevu's commission rebate.

DISCLAIMER: This material was provided for informational purposes only, and is neither intended to provide, nor should be relied upon as tax, legal, or accounting advice. Prevu and its subsidiaries do not provide tax, legal, or accounting advice. You are encouraged to consult your personal tax, legal, or accounting professionals before considering any transaction as your individual situation may vary.

Miami’s nickname, “The Magic City,” says it all.

Almost everything this jewel of South Florida has to offer is nothing short of magical. The exclusive nightlife, the Latin-American flavor, the party scene, the golf courses. This list can go on and on, and we didn’t even mention beaches, the primary factor of Miami’s popularity.

That’s why the team at Prevu Real Estate set out to make it as fun for you as heading to the white sands of Miami Beach. Below are the top neighborhoods you need to know before moving to Miami. 

Best neighborhoods in Miami

• South Beach
• Brickell
• Downtown Miami
• Coconut Grove
• Coral Gables
• Little Havana
• Bal Harbour
• Wynwood
• Key Biscayne

Some of these areas feature 'Miami Modern' architecture, particularly in the Mid Beach and Upper Eastside neighborhoods, known for their unique buildings from the 40s, 50s, and 60s, as well as diverse dining options, boutique shops, and art galleries.

South Beach

The undisputed heavyweight of Miami nightlife, South Beach is notorious for its party scene. 

Spring Break transforms South Beach into an outdoor college dorm room with bass-busting techno and rivers of booze. 

But that’s about it when it comes to cons. South Beach is a hotspot that never stops being a desirable destination for aspiring homeowners. Spring Break may bring a raucous crowd, but South Beach’s nightlife scene extends far beyond college kids’ party fantasies.

Some of the most exclusive nightclubs in the country, along with an impressive line-up of highly-rated bars and restaurants, separate South Beach from the rest. It’s safe to claim that you will never run out of entertainment options if you move to South Beach.

But what’s it like to actually live here?

Believe it or not, it’s not that hard to escape the hustle and bustle of South Beach. Locals have long since developed routines that allow them to enjoy the beauty of South Beach without the congestion. Avoid the rush of Ocean Drive and Collins Avenue and head to South Pointe Park. There you can take in the luxurious condos of South of Fifth while enjoying a more tranquil beachfront experience you wouldn’t expect to find in South Beach.

Take the time to appreciate the vast display of timeless Art Deco Architecture, and you’ll soon realize South Beach is more than just nightlife. 

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Brickell

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Downtown Miami

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Coconut Grove

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Coral Gables

Some of Miami’s most expensive neighborhoods have difficulty competing with Coral Gables.

Flush with luxury estates and celebrity homes, Coral Gables defines the meaning of “upscale” in almost every way and is one of the most desirable neighborhoods in all of Miami-Dade County. 

It was one of Miami’s first planned communities, and the meticulous design is visible in every manicured corner of this historic neighborhood. Almost every tree and exotic plant seem perfectly placed, and charming scenery surrounds every nook and cranny of Coral Gables.

Designed to be serene, Coral Gables blends peace and quiet with an abundance of entertainment and dining that mysteriously never break the prevailing calm of the area. Famous restaurants and bars line Ponce de Leon Boulevard, while Miracle Mile easily lives up to its name with the abundance of shopping options amid easygoing outdoor cafes. 

Homebuyers with a penchant for the “best of the best” will find plenty of properties to explore in Coral Gables. Spanish Revival and Mediterranean Revival styles dominate the exclusive housing stock. Luxury condos with top-of-the-line amenities and exquisite views are on offer for anyone who doesn’t want to deal with the upkeep of a single-family home.

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Little Havana

Cafe con Leche, salsa, Cuban sandwiches, Cuban cigars, and a flood of colors and flavors you’ll have no difficulty falling in love with. 

This is just a taste of what Little Havana has to offer. 

The centerpiece of Miami’s Cuban community, the neighborhood was designated a National Treasure in 2017. An influx of Cubans in the 1960s laid the roots for what was soon to become one of the most iconic neighborhoods in Miami.

Understandably, Little Havana is a magnet for tourism and locals alike. But the richness of Cuban culture on display and the vibrant energy of its local eateries, bars, dance clubs, and live music venues are irresistible, no matter the number of people wandering the streets. 

If you choose to settle in one of Miami’s liveliest neighborhoods, you’ll soon be able to distinguish the tourist traps from the authentic experience, and that’s where the legendary magic of Miami comes alive. 

Calle 8 may be the most well-known part of Little Havana, lined with everything a wide-eyed tourist may want to sample of Cuban culture, but a closer look will reveal salsa clubs, bakeries, cafes, and cigar shops that quickly make it obvious you’ve stepped into something special.

Head to the Cubaocho Museum & Performing Arts Center and let your jaw drop as you find guided museum tours and ticket booths replaced with a stunning Cuban bar with an extensive rum collection. This is a well-known gem among locals and never fails to deliver authentic Cuban culture.

Interested buyers can expect to choose from single-floor bungalows, a swathe of condo options, and Mission Revival-style homes.

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Bal Harbour

Wondering what it would be like to enjoy Miami Beach without the airport-like crowds? Then head to Bal Harbour.

Situated in the northern reaches of Biscayne Bay, Bal Harbour is a dreamy getaway that offers all the beach-themed pleasures of Miami, untouched by city chaos. Balmy weather keeps the tiny neighborhood in a perpetual loop of laid-back days and low-key nights. 

On the surface, Bal Harbour seems like a sleepy beach town with tucked-away homes and condos. But as you start exploring, you’ll quickly realize an affluent layer of luxury that sets Bal Harbour apart as one of the most expensive neighborhoods in Miami. 

Upscale boutique brands like Prada and Versace line the exotic streets of Bal Harbour Shops. The open-air shopping mall can easily serve as a walk through the park if you’re not interested in spending, thanks to the generous greenery and sleek palm trees.

Bal Harbour’s pride and joy is Bal Harbour Beach, one of Miami’s most pristine beaches. The famous white sands of Miami Beach extend to Bal Harbour while leaving the crowds behind. As a local, you’ll likely spend most of your time here. It’s one of the neighborhood’s most coveted perks and a significant driver of home prices.

Palatial estates, many in the Mediterranean or Spanish Revival style, can be found within exclusive gated communities, while beachside condos strive to offer the zenith of luxury in Miami. 

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Wynwood

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Key Biscayne

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Interested in buying a home in Miami? Browse listings and see how much you can save with Prevu's Smart Buyer Rebate.

Introduction to Boston suburbs

Boston’s suburbs offer a unique blend of convenience, charm, and luxury, making them an attractive option for those looking to escape the hustle and bustle of city life.

From upscale living near Downtown Boston to approachable suburban towns and affordable luxury options, the Boston suburbs have something for everyone. With their rich history, tree-lined streets, and vibrant community events, the suburbs provide a high quality of life that is hard to find in the city. No matter what you are looking for, the Boston suburbs are a great place to call home.

Best suburbs of Boston

• Brookline
• Newton
• Wellesley
• Weston 
• Winchester
• Arlington
• Belmont
• Lexington
• Concord
• Lincoln
• Cohasset

Brookline 

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Browse Listings in Brookline

Newton 

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Browse Listings in Newton

<smarttip text="Did you know you can save thousands when you buy in the Boston suburbs? Buying with Prevu you’ll receive a portion of the commission paid to your buyer’s broker at closing." cta_url="https://www.prevu.com/buyer" cta_text="Learn more about commission rebates!"></smarttip>

Wellesley 

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Weston 

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Winchester 

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Arlington

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Belmont 

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Lexington 

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Concord 

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Lincoln 

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Cohasset 

Around 45 minutes outside of Boston, and with a population of 7,500, Cohasset sits to the south of Massachusetts Bay, bordered to the west by Wompatuck State Park. If you’re in love with real estate by the sea, but want to find a home outside of Boston’s busy streets on the North End, the spacious oceanfront properties of Cohasset are perfect for you. 

A historic gem by the sea, Cohasset was founded in the 1600s, and real estate properties were laid out with long lots to facilitate large lawns with smaller backyards. While some of these home styles still exist today, many of the homes now have spacious front and back yards and are a stone’s throw from the ocean. Homeowners in the region can find solace at Minots Lighthouse or travel north for a nostalgic trip to ride the Paragon Carousel in Nantasket to the north. 

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Browse Listings in Cohasset

Average Listing Prices Boston Suburbs

• Brookline - $1,809,538
• Newton - $1,593,156
• Wellesley - $2,174,244
• Weston - $3,440,447
• Winchester - $1,355,981
• Arlington - $1,275,450
• Belmont - $1,293,593
• Lexington - $2,024,828
• Concord - $2,077,473
• Lincoln - $2,204,223
• Cohasset - $2,226,535

Interested in buying a home in your favorite Boston suburb? Browse listings and see how much you can save with Prevu’s Smart Buyer commission rebate.

It means you’re settling into a city considered one of the “Best Places to Live in the U.S.” for six consecutive years by the U.S. News and World Report. 

It also means dealing with demanding price points for Colorado real estate. If you want to buy a home in the Mile High City, be prepared to do some heavy financial lifting. 

No matter the market, every homebuyer's journey is clouded by the all important down payment and closing costs. But knowledgeable buyers in Denver have found a way to ease that burden and save themselves thousands of dollars when buying a home. 

The key? Utilizing a commission rebate. 

What is a commission rebate in Denver?

A commission rebate, also known as a buyer rebate, is a modern real estate tool that helps savvy home buyers unlock significant savings. 

Rebates are a novel approach to solving outdated practices of traditional brokerages. For example, in a typical real estate transaction, the seller may pay a 6% commission to the listing agent, who then splits the commission with an agent representing the buyer. 

A traditional brokerage might say that buyers are not paying a commission since it is not a specific line item on the closing disclosure. But the reality is that a commission is embedded into the cost of the home by the seller. The buyer is the one showing up to the transaction with all of the money, while agents walk away with sizable earnings.

Modern brokerages like Prevu invest in a tech-forward approach to real estate. This allows them to unlock substantial savings for buyers - returning a portion of the buyer’s agent commission back to the buyer in the form of a commission rebate. 

The modern approach of a commission rebate

Each brokerage works differently, but Prevu focuses on transparency and a personalized approach.

Prevu offers the largest commission rebate in Colorado, allowing buyers to receive a homebuyer rebate of up to 1% of the sale price of a home. Buyers can see their potential rebate from the start, visibly shown on every listing they view. 

Many traditional real estate brokers may frown upon rebates and claim they come at the cost of service. But that is not the case. 

For example, Prevu’s digital buying platform allows buyers to control their home search. Homebuyers can input specific criteria, from the number of desired bedrooms to the style of the home, and whenever the perfect match appears on the market, buyers are immediately notified on any smart device they choose. 

Buyers can browse the listings, schedule a tour, and partner with a dedicated Prevu agent. The agent then joins you on your homebuying journey and is with you every step of the way.

The relationship culminates in you receiving a commission rebate check totaling up to 1% of the home's sale price. Buyers can use that extra money to replenish savings, offset closing costs, or purchase furniture.

Commission rebate in Colorado ($1,200,000 example)

• Purchase price: $1,200,000
• Seller’s Agent Commission (3% of sale price): $36,000
• Buyer’s Agent Commission (3% of sale price): $36,000
• Home Buyer Rebate: $12,000 

How to find a buyer’s agent that offers commission rebates

Many first-time buyers tend to work with the first agent they meet. But the key is interviewing multiple agents to find the one that fits your needs. 

First, ask the agent how long they worked in the area and how many deals they closed. This will give you an idea of the agent’s market knowledge. Then, ask if they offer a commission rebate. Even if they do, ask about the services they offer.  

For example, Prevu hand-picks their agents to ensure they are local experts in their area. This guarantees they can provide buyers with knowledge of pricing history, and know where to look for listings that meet the buyer’s criteria. 

They also walk you through every transaction step and help you handle the complicated paperwork. From the beginning of your partnership with a Prevu agent, you are always aware of the commission rebate you can expect. 

Are commission rebates legal in Colorado?

Buyer rebates are legal in 40 out of 50 states, including Colorado. The Justice Department even released an article discussing the benefits of commission rebates as an incentive for home buyers.

Some traditional brokers may tell you that giving a commission rebate to an unlicensed person is a form of payment and, as such, illegal. However, this is not the case in a real estate transaction if the recipient of a rebate is the buyer of the property.

Is a commission rebate taxable as income?

Real estate brokerages cannot offer tax advice, so buyers should always consult with their accountants about handling a commission rebate based on their specific situation.

That said, the IRS released an article in 2007 to help clarify whether commission rebates can be considered taxable income. Essentially, because a buyer rebate can be seen as a reduction in a purchaser’s cost basis, it eliminates the requirement for a real estate brokerage to issue buyers a 1099 form if they receive a rebate.

Read the complete IRS letter ruling on commission rebate treatment.

Looking to buy a home in Denver? Browse listings and see how much you can save with Prevu.

As if there weren’t enough closing costs to worry about for buyers and sellers in NYC, here’s another “tax” to add to the list; the good news? It’s not actually a tax.

Some seasoned apartment buyers may have already come across the term “flip tax” while shopping for a dream condo or co-op apartment. But those who haven’t and are new to the unique landscape of NYC’s real estate market need not fret; we’ll break down everything you need to know about this peculiar “tax.”

Flip taxes in NYC

• What is a flip tax in NYC?
• Who pays the flip tax?
• What is the purpose of a flip tax?
• How much are flip taxes in NYC?
• Most common ways flip taxes are calculated
• How to know if you will pay a flip tax
• Flip tax policies across NYC buildings
• Navigating the Flip Tax in NYC

What is a flip tax in NYC?

Who pays the flip tax in a co-op?

What is the purpose of a flip tax?

The flip tax is essentially a financial tool that helps buildings maintain and grow their capital reserves. 

This fee can significantly contribute to a building's operating budget, funding necessary repairs, upgrades, and other capital improvement projects. Such financial bolstering ensures that the property remains well-maintained and attractive to current and potential residents, ultimately supporting property values.

Moreover, the flip tax helps to deter speculative buying and selling within the building. 

By imposing a cost on the sale of units, it encourages longer-term residency over quick turnovers. This stability is beneficial not only for the social fabric of the building but also for its financial predictability and planning. 

In buildings where residents frequently buy and sell units for profit, the flip tax acts as a mechanism to ensure that a portion of the gains from such transactions benefits the collective community, rather than just the individual seller.

How much is the average flip tax in NYC?

Most common ways flip tax is calculated

• Percentage of sale price
• Fixed dollar amount per co-op shares owned
• Flat fee per sale
• Percentage of capital gain

How to know if you will pay a flip tax

The first step in this process involves reviewing the co-op or condo's governing documents—such as the proprietary lease, bylaws, or offering plan—which should explicitly state the conditions under which a flip tax is levied, its rate, and who is responsible for its payment.

Leveraging the expertise of a local NYC real estate agent is one of the best ways to get all the information you need. They often have first-hand knowledge of how flip taxes work and can help break down how various buildings approach this fee. Additionally, consulting with a real estate attorney who specializes in NYC property transactions can offer valuable insights and help interpret the often complex language found in building documents.

Engaging in conversations with current residents can also shed light on how the flip tax has been applied in past transactions within the building, as well as clarify future financial obligations should you decide to sell the property later on. 

Flip taxes in co-ops

Flip taxes are more common in co-ops, but some condos in NYC also have them. Unlike government taxes, flip taxes are entirely retained by the building, not the government. The original purpose of the flip tax was to raise money for the building’s reserve fund and make necessary capital improvements. Over time, existing co-ops have adopted flip taxes as a reliable revenue source to support the building’s financial health. 

Flip tax policies across NYC buildings

Navigating the flip tax in NYC

For sellers, understanding the specifics of the flip tax in your building is paramount. This knowledge not only affects the pricing strategy but also the net proceeds from the sale. Sellers should review their co-op or condo's bylaws or consult with the building's management to clarify the flip tax rate and who is responsible for its payment. 

Additionally, engaging a real estate attorney or a broker familiar with NYC co-ops and condos can provide crucial guidance in navigating these waters, ensuring that all potential costs are accounted for in the transaction.

Buyers, on the other hand, should not overlook flip taxes as part of their due diligence when considering a property. A building's flip tax policy can offer insights into its financial health and management practices.

Prospective buyers should inquire about the flip tax during the early stages of their property search, factoring this potential cost into their investment analysis. For buyers, the flip tax could influence the resale value of the property and their ability to sell it profitably in the future.

Interested in buying a NYC apartment? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

It’s only natural then that most Bay Area home buyers will likely feel financial fatigue when faced with closing costs. Though unavoidable, closing expenses can become more manageable if you come to the table as prepared and informed as possible.

Below, the team from Prevu Real Estate highlights the essential San Francisco Bay Area buyer closing costs, what they will likely cost you, and how you can potentially offset them via commission rebates.

What are buyer closing costs in the Bay Area?

Closing costs are unavoidable fees you’ll have to pay before you can officially close on the purchase of a home. The important thing to remember is that they vary greatly, especially in the San Francisco Bay Area. 

Closing costs can look different for a buyer depending on negotiations with the seller, the county they purchase in (transfer taxes are different in Santa Clara County compared to San Francisco County, for example), and the specifics of the home.

Working with an experienced buyer’s agent should be your priority if you want to navigate closing costs as smoothly as possible. There are a lot of variables involved, and a professional broker can help you estimate certain costs and guide you through each step of the process. 

Buyer closing costs in the Bay Area

• Loan origination fees
• Title insurance
• Appraisal fees
• Property taxes, prorated
• Transfer taxes, varies by local area
• Credit report fees
• Home inspection fees
• Escrow fees
• Recording fees

What closing costs are Bay Area buyers responsible for?

The answer to this will depend greatly on the county you are closing in. Certain Bay Area counties have different rules and regulations regarding when certain costs are paid and whether they can be split between buyer and seller.

For example, in San Mateo County, buyers would typically be responsible for escrow fees, recording fees, and title insurance, while the seller would be in charge of covering the county transfer tax and half of the city transfer tax.

In San Francisco County, meanwhile, the seller alone may be responsible for paying both the county and city transfer taxes, unless otherwise negotiated with the buyer.

Specific costs, such as loan origination fees and title insurance, fall exclusively under the buyer’s responsibility. These standard fees can also make it easier for a buyer to estimate their closing costs more accurately and budget accordingly; we go over this in detail further below.

How much are average buyer closing costs in the Bay Area?

On average, buyer closing costs in the Bay Area range from 2% to 5% of a home's purchase price. This means, for a home priced at $1 million, buyers might pay between $20,000 to $50,000 in closing costs, depending on their specific scenario.

Title insurance might be in the range of 0.5%-1% of the purchase price. Loan origination fees, depending on the lender, can hover around 1%. Property taxes, which can be among the most significant expenses, along with certain transfer taxes, can vary dramatically based on specific Bay Area locations and the home's assessed value.

How to estimate closing costs in the Bay Area

Estimating closing costs is a blend of research and seeking expert advice. A reliable buyer's agent can provide a close estimate based on recent transactions they've handled. Additionally, mortgage lenders provide a loan estimate within three days of receiving your application, allowing you to accurately estimate the loan origination fee.

Specific costs, like title insurance or appraisal fees, can often be estimated by contacting service providers or speaking with your lender. For property taxes, consulting the local tax assessor's website or office for the specific county (like San Francisco County or Alameda County) can help provide valuable insights.

How buyers can offset closing costs in the Bay Area

• Negotiate with the seller
• Compare mortgage lenders
• Save with commission rebates

Negotiate with the seller

One of the most direct ways to offset costs is by negotiating seller concessions. Here, sellers agree to pay certain closing costs to expedite the sale, especially in slower markets. 

However, in the high-demand Bay Area, this strategy may only be effective with properties that have been on the market for an extended period, so be sure to leverage your broker’s experience when going the negotiating route.

Compare mortgage lenders

In the Bay Area's competitive market, even a slight variation in origination fees or mortgage rates can significantly impact your closing costs and overall loan repayment. 

Shop around, use online tools, consult multiple lenders, and leverage broker connections to find the most advantageous rates. Remember, even a 0.25% difference can translate to significant savings over the life of the loan.

Save with commission rebates

The most effective (and most tangible) way of reducing closing costs in the Bay Area is by receiving a commission rebate.

Modern brokerages like Prevu Real Estate unlock rebates for buyers by investing heavily in digital homebuying tools and salaried agents. The result is the largest commission rebate in California that puts cash back into buyers’ pockets. So, what is it and how do you get it?

Commission rebates, also known as homebuyer refunds, are essentially a portion of the buyer agent’s commission given back to you after closing on a home. For instance, if you were to buy a single-family home in Menlo Park via Prevu, you could potentially receive a rebate totaling up to 1% of the home’s final purchase price.

Those extra funds can have an immediate impact; you can replenish your savings after shelling out a sizable down payment and expensive closing costs, or simply jumpstart your home decor budget.

Interested in buying a home in the Bay Area? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

San Diego provides the best of California living. The staggering 1200 acres of Balboa Park, almost twice the size of New York’s Central Park, are the heartbeat of San Diego’s cultural scene. A buzzing downtown is replete with pockets of historic buildings, glamorous nightlife, and an endless plethora of dining options.

The gleaming coastline of San Diego is home to some of the best and most affluent beach towns in California, each with its unique community, and local hometown events, all wrapped up under a perfect Mediterranean climate.

San Diego can be overwhelming to navigate. For that reason, our team at Prevu has put together a list of some of the best neighborhoods in San Diego, to help you find your next home in America’s Finest City. 

Best neighborhoods in San Diego

• North Park
• South Park
• Mission Hills
• Gaslamp Quarter
• Hillcrest

North Park

At first glance, North Park appears as a hipster mecca. An irresistible array of craft breweries, local coffee shops, and vegan food options line the streets. But the culturally-packed neighborhood offers a rare convenience seldom enjoyed by freeway-bound Californians: proximity to whatever you may need.

North Park’s commercial hub sits along 30th Street and University avenue, where vintage clothing shops and rare books stores collide with independent coffee shops and high-end boutiques, all within a manageable distance from nearby residential areas.

Observatory North Park is a performance venue serving as the epicenter of North Park’s nightlife. Concert-goers can treat themselves to a seemingly endless selection of craft cocktail bars and breweries, making it one of the best areas in San Diego for a night out. 

Homebuyers can look forward to easy access to Balboa Park, San Diego’s 1200-acre National Historic Landmark, with a sprawling canvas of over 15 museums, garden trails, performance venues, and the renowned San Diego Zoo. 

The market offers a satisfying selection of mid-century moderns, Craftsman-style and California Bungalows, and Spanish Revival style homes. The neighborhood is located just four miles from downtown San Diego with access to the Interstate 8 and Interstate 805 highways.

<listing geo_area_ids="13330" min_price=500000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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South Park

Hugging the southern border of Balboa Park is a charming and quaint residential counterpart to the packed nightlife of North Park, and is one of the best areas to live near downtown San Diego. 

A streetcar line constructed in 1906 connected South Park to downtown San Diego, which helped spur a development boom that cemented the neighborhood as a desirable place to live. 

The tree-filled streets of South Park are known for their impressive display of Craftsman and Spanish Colonial Revival-style homes, most built in the early to mid-1900s. Single-family homes and an eclectic array of local shops, coffeehouses, farm-to-table restaurants, and a strong neighborhood vibe are the cornerstones of what brings South Park to life.

Locals make the trip out for the Old House Fair, an annual summer gathering of local arts and crafts, live music, and tours of the vintage houses in the neighborhood. 

South Park residents can get to downtown within fifteen minutes via B st, which cuts across the city, while buses offer a similar commute of around 25 minutes.

<listing geo_area_ids="13355" min_price=500000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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Mission Hills

This tree-filled gem should be your first stop if you’re searching for a picturesque, residential area with a proximity to downtown San Diego.

The neighborhood of Mission Hills, like other similarly-named towns in San Diego, derives its name from the Spanish missions that had arrived in California in the mid-18th century. The idyllic location offers a multitude of scenic overlooks of the downtown area and San Diego Bay. 

The architectural beauty and laid-back community make Mission Hills stand out as one of the best neighborhoods in San Diego. Craftsman Bungalows and Spanish Revival styles are all prominently displayed and stunningly well-preserved.

The hilly, winding terrain is brimming with greenery and arching trees, turning an outing on the town into a nature-filled adventure, with a bounty of hiking trails available, such as Allen’s Canyon. All necessities also lie within reach, and many local restaurants, shops, and bars cluster the western and eastern parts of town. 

Residents will have access to the I-5, offering a brief ten-minute drive to downtown if traffic is kind, while public transportation is also available with a commute time of around half an hour.

<listing geo_area_ids="13320" min_price=500000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

Browse homes for sale in Mission Hills

Gaslamp Quarter 

San Diego locals refer to it as the Gaslamp District, and it is the undeniable heart of San Diego’s downtown scene.

The 19th-century real estate developer, Alonzo Horton, bought the land hoping to make it a city center with proximity to San Diego Bay. The houses that soon followed are still standing today as part of the 94 historic buildings that line the streets of the Gaslamp Quarter. 

Options for homebuyers mostly come in the form of luxury condos in the high-rises of the area, which offer spectacular views of the bay and the gleaming downtown skyline. The neighborhood itself spans only 16 and a half blocks, but the list of activities seems endless. 

The Victorian-era houses that line the historic district’s streets are now a part of the area’s commercial life, filled with high-end fashion boutiques, local cafes, and museums. You can lose yourself shopping during the day but come nighttime, the neighborhood transforms into San Diego’s nightlife capital. Rooftop bars, symphony halls, and theaters open their doors for the many San Diego locals that flock to this part of the city to enjoy its eclectic party scene.

<listing geo_area_ids="13294" min_price=500000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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Hillcrest

With a scenic ridge overlooking the San Diego Bay and a delightful concentration of some of the best shops and restaurants in the area, Hillcrest is the LGBTQ+ capital of San Diego. 

You’re welcomed into the neighborhood by a large “Hillcrest” sign on 5th and University Avenue and immediately feel the community vibe. It features a stunning array of local businesses, some of the best breweries in the city, such as the Hillcrest Brewing Co., and an enclave of vintage shops that will take days to explore.

The housing market offers high-end condos, but buyers will also find Craftsman style and Mid-Century Modern style houses available. 

The tree-filled residential pockets are all close to restaurants and shops, placing residents within reach of daily necessities, be it convenience or nightlife. 

Balboa Park borders Hillcrest to the south, giving residents access to the cultural megacenter of San Diego, while State Route 163 serves as the most accessible highway. A bus is also available to transport locals to the downtown area in under 30 minutes via the Fourth Avenue line.

<listing geo_area_ids="13299" min_price=500000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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Best beach towns in San Diego

• La Jolla
• Coronado
• Point Loma Peninsula
• Del Mar
• Pacific Beach

La Jolla

This coastal paradise is arguably the most prized location in all of San Diego. La Jolla, a twist on the Spanish spelling of La Joya, which translates to “the gem,” offers seven miles of prime coastline along the Pacific Ocean. 

Expect to spend your days enjoying near-perfect weather, access to some of the best beaches in San Diego, and streets filled with local art and music performances by night. 

The mecca of San Diego’s high life began in 1890 when city planners built a railway connecting La Jolla to downtown San Diego, creating a resort cottage town above the La Jolla Cove that overlooked the coast. 

The cottages have since been replaced by multimillion-dollar mansions and estates, some with private beach access, and almost all have stunning skyline views. 

The La Jolla Village, La Jolla Farms, Bird Rock, and La Jolla Shores are all part of the city. Each of these areas is soaked in glamorous appeal, from high-end fashion boutiques to Ferrari and Lamborghini dealerships, to celebrity-chef restaurants. 

Commuters to the downtown area can expect a 20-minute drive via the I-5 highway.

<listing geo_area_ids="13431" min_price=1250000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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Coronado

Each San Diego beach town offers a unique lifestyle, and Coronado is no different. Technically an island, this one-mile-long strip of beach and polished estates is connected almost directly to San Diego’s downtown area via the Coronado Bridge.

Originally planned as a resort city, Coronado, a Spanish word that translates to “crowned,” dates back to 1890. The Coronado Hotel was built in 1888, just a few years earlier, and immediately cemented this as one of the best places to live in San Diego. 

The island town comprises three distinct communities that offer unique perks to its residents. The Village is a residential area located in the northern part of the island and features California Bungalow style houses on tree-lined streets. Residents have access to shops, banks, and restaurants via Orange Avenue. The Shore is the island’s home to luxury condominiums overlooking the gleaming Pacific Ocean beaches, and Coronado Cove is home to glamorous seaside estates with personal docks and slips, as well as a private yacht club.

Your housing search here will have you choosing from a rich stock of Tudors, Victorians, Dutch Colonials, and Spanish Revival houses. No matter where you settle, the island’s convenient access to nearby downtown in under 20 minutes makes any location on Coronado an ideal place to live.

<listing geo_area_ids="13250" min_price=900000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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Point Loma Peninsula

If you’re in the market for a beachside oasis within easy reach of San Diego’s downtown, there is no better neighborhood than Point Loma.

The majestic terrain of this coastal town gives residents a chance to soak in some of California’s best natural beauty. Pristine, gleaming estates dot the hill, overlooking an abundance of parks, nature trails, and top-notch seafood restaurants make this one of the best areas in San Diego. 

At the edge of the jutting coast sits the monument to the first European who set foot in California in 1542, Juan Rodríguez Cabrillo, making Point Loma the “beginning of California.” 

Point Loma is the epitome of the California lifestyle. Nature blends with residential space and numerous hiking trails weave in and about the peninsula. The town features several distinct areas, most notably Liberty Station, a former Naval Training Center transformed into Point Lomas entertainment hub. 

The idyllic neighborhood is only 22 minutes away from downtown via car, but the city bustle doesn’t permeate the laid-back surf town feel of Point Loma. Sunset Cliffs offers some of the most luxurious seaside estates of Point Loma, while other residential spots provide mid-century moderns and Mission Revival homes on offer, while Liberty Station has a selection of luxury condos.

<listing geo_area_ids="13454" min_price=750000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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Del Mar

Just a few miles north of La Jolla, Del Mar is San Diego’s answer to Los Angeles’ Hollywood. It is a perfectly nestled village with majestic cliffsides overlooking the Pacific Ocean and designed to be accessible for all its residents’ needs.

Del Mar started like most San Diego beach towns, a resort for the rich and famous. Colonel Jacob Taylor bought over 300 acres of the surrounding land in 1885, and it soon became a huge draw to the celebrities of the time.

Today it is home to the Del Mar Fairgrounds, where the horse racing events draw thousands of visitors each year to the San Diego County Fair. The Del Mar Antique show is also held here and is one of the largest in California.

Though jam-packed with high-profile events, Del Mar is very much a laid-back beach town. Its beautiful bluffs and beaches rival its neighbors, and one of the most pristine areas is Del Mar City Beach. 

Potential homebuyers will have a wealthy selection of mid-century modern styles as well as the California bungalow style homes. Commuters to the downtown of San Diego can expect a drive of around 25 minutes.

<listing geo_area_ids="13381" min_price=750000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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Pacific Beach

Pacific Beach has long since garnered a reputation for being a party destination, but it has transformed into a perfect combination of vibrant nightlife and a relaxed coastal paradise with a beautiful view. 

The oceanfront offers a stunning 3.2 mile-long Oceanfront Walk boardwalk that leads to Crystal Pier, which juts 872 feet out into the Pacific, and is lined with rentable resort cottages. The boardwalk is lined with restaurants, bars, and plenty of boutiques and shops. Garnet Avenue is where you’ll find local business and all things retail. 

North Pacific Beach has been established as the more quaint and quiet part of town, with a more laid-back crowd and charming residential areas. 

Modern and beachfront estates make up the bulk of the pricey and desirable housing stock. But buyers will also find an offering of California Bungalow-style homes, along with luxury condos.

If you’re planning to visit downtown often, the I-5 highway runs right along the neighborhood’s eastern border, providing a 14-minute drive to San Diego’s downtown area. 

<listing geo_area_ids="13337" min_price=750000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

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​​Prevu Real Estate, Inc. is a licensed real estate broker in California, license number 02134758.

America’s Finest City also has some of the finest neighborhoods in Southern California, and its wealth of housing options is equally appealing.  

But buying a house in one of the most desirable cities in SoCal can be challenging. Coveted inventory is in high demand, and mortgage rates continue to pose a headwind for homebuyers.

Below, the Prevu team outlines a step-by-step guide to help you navigate those challenges as you prepare to buy a house in San Diego. 

Buying a House in San Diego

• Get pre-approved for a mortgage
• Work with a buyer’s agent
• Use commission rebates to save
• Prepare an effective budget
• Choose the right neighborhood
• Conduct thorough due diligence

Get pre-approved for a mortgage 

A mortgage pre-approval is a must in San Diego’s market. 

Sellers will expect offers from qualified buyers, and a mortgage pre-approval is proof that you fit the bill. It guarantees that your financing is in order and that you won’t back out of the contract because you couldn’t secure a loan. 

To secure a mortgage pre-approval, you'll need to provide documentation of your income, assets, debts, and credit score, so get those organized before you start your home search.

The pre-approved amount can paint a clearer picture of your budget and how much you can afford to spend. You’ll have an estimate of your monthly payment, helping you structure your finances accordingly and set savings goals to make the home purchase possible.

<mortgage variant="2"></mortgage>

Work with a buyer’s agent

Working with the right buyer’s agent in San Diego gives you two primary benefits: a wealth of local expertise and saving money when you buy a home.

Buyer's agents can streamline your property search by accessing the Multiple Listing Service (MLS) and off-market listings, information most buyers don’t have access to. 

The MLS allows agents to evaluate properties, helping them analyze comparable sales and market data to develop a negotiation strategy tailored to a buyer’s circumstances.

Their assistance with due diligence is equally invaluable, as they advise on obtaining a property report, scheduling a home inspection, and reviewing HOA documents. They can also connect you with trusted professionals, such as home inspectors and real estate attorneys, to ensure all the purchase steps are handled competently.

If you plan to work with an agent, take the time to explore multiple options. Be sure to ask about the agent’s years of experience, the price points they’ve handled in the past, and how they communicate with their clients (and how often). 

 Most importantly, interview agents that offer commission rebates.

Use commission rebates to save

For many San Diego homebuyers, the biggest challenge is affordability; one of the best ways to overcome that challenge is by utilizing commission rebates.

Simply put, a commission rebate is a portion of a broker’s commission fee passed on as savings to a buyer after closing on a home. 

Rebates are legal in 40 states, including California, yet many traditional brokerages don’t offer this tool for San Diego buyers.

Prevu’s investment in a digital homebuying platform and salaried agents helps buyers take advantage of rebates to help navigate an expensive housing market. Prevu currently offers the largest rebate in California, allowing buyers to receive up to 1% of a home’s purchase price via the company’s Smart Buyer Rebate.

For instance, if you work with a Prevu agent to purchase a house in North Park for $1,250,000, you can potentially receive up to $12,500 cash back after closing.

That extra cash can help San Diego buyers handle costs that challenge affordability, such as closing costs, renovations, and unforeseen expenses.  

Prepare an effective budget

Your budget will be a compass for exploring San Diego’s neighborhoods and beach towns.

Having a pre-approval and partnering with a buyer’s agent who offers commission rebates can make budget planning much more efficient.

You can start by determining your price range based on your mortgage pre-approval. Be sure to factor in closing fees, title insurance, and property taxes, as these add up to a significant portion of your overall expenses.

Next, work with your agent to break down your future costs of homeownership. Calculate your estimated monthly mortgage payment and account for property taxes, homeowner's insurance, and private mortgage insurance (if applicable). It also doesn’t hurt to budget for routine maintenance and repairs, as these expenses can strain your savings if not prepared. 

Utilities like electricity, gas, water, and trash services also factor into your budget.  

Depending on your property's location and size, these costs can vary significantly. Your agent can help you research local utility rates to ensure you clearly understand your upcoming monthly expenses.

Choose the right neighborhood

The neighborhood you choose to live in plays a huge role in your day-to-day life and expenses.

You’ll have a significant upper hand – and an easier search – by partnering with a buyer’s agent.

Giving yourself the time you need to properly research and explore potential neighborhoods is imperative. Evaluate your commute time, identify points of interest that can make your weekend plans more enjoyable, and determine what perks are important.

 Do you want to live near Balboa Park, one of San Diego’s most prominent attractions? Your agent might point you to North and South Park. Are you set on a beachfront lifestyle minus the extravagant luxury that sometimes comes with it? Skip La Jolla and explore Pacific Beach or Coronado.

Luckily, San Diego offers a unique living experience, regardless of its proximity to beaches. But it’s essential to take the time to explore so you don’t face buyer’s remorse when it’s finally time to buy a house. 

Conduct thorough due diligence

Due diligence will be key as you near the end of your San Diego homebuying journey.

Thorough due diligence is essential in making an informed decision when purchasing a property in San Diego. 

You must work with a professional home inspector to assess the property's overall condition and examine its structure, foundation, plumbing, and electrical systems. The inspector's findings can help you negotiate for repairs or a price reduction if anything seems out of place. 

It’s also a good idea to obtain a property report to uncover any liens, encumbrances, or easements that could impact your ownership, as this will help you avoid future legal disputes.

Natural hazards specific to San Diego, such as wildfires, earthquakes, and flooding, should also be every buyer’s top priority. 

Ask your agent to help you get a Natural Hazard Disclosure Report, as it will help identify risks associated with the property, allowing you to assess any need for additional insurance coverage.  

Interested in buying a home in San Diego? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

Homes for sale in San Diego, CA

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While some home buyers focus on the storied historic homes in Old City or compete for a high rise in City Center, there are others that prefer the bucolic surroundings of the Philadelphia suburbs.

Some people seek out the most expensive suburban towns, while others follow trends to see which towns are becoming increasingly popular. Luxury suburbs provide peace and quiet, but they can lack the lively restaurants and shopping centers found in more popular locations. 

To help buyers evaluate all options, the team at Prevu Real Estate compiled the below lists of both the most expensive and most popular Philadelphia suburbs. 

Most expensive Philadelphia suburbs 

• Bryn Mawr
• Villanova
• Gladwyne
• Blue Bell
• Newtown Square
• Wayne

Bryn Mawr

On the western outskirts of Philadelphia, you will find the small town of Bryn Mawr. 

This census-designated place is part of The Main Line, a collection of luxurious suburbs that spreads northwest of City Center. The homes in Bryn Mawr range from modest three bedrooms near the Rosemont train station to sprawling Georgian-style mansions in the hills. 

The hills are so prominent that this serene community is named after the Welsh word for "Big Hill," honoring one of the first settlers. Today, Bryn Mawr is a college town, with Haverford College to the Southeast, Villanova University to the west, and Bryn Mawr College to the northwest. 

Route 30 cuts right through the town center, making it easy to travel deeper into PA or east towards Philadelphia. Locals shop at MOM's Organic Market, then grab a bite from Hope's Country Fresh Cookies before relaxing at the Ludington Library. 

The weekend farmers market is also a popular draw.

<listing geo_area_ids="5496" min_price=700000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Homes for sale in Bryn Mawr, PA

Villanova

Villanova is another Main Line gem that sits between Wayne and Bryn Mawr, and is located at the junction of 476 and Route 30.

Famously known for the university and its collegiate sports program, many Philadelphia homebuyers strive to purchase property in this suburb. Unlike its neighbors, Villanova is spread out over a large area, almost touching the Schuylkill River. 

The Schuylkill expressway borders the eastern edge of town, making it easy to travel to the Philadelphia metropolitan area. But if you aren’t into driving, public transportation is always an option as there is a Southeastern Pennsylvania Transportation Authority station in town. 

Shopping-minded homebuyers can travel to nearby Bryn Mawr or Wayne to find shops and restaurants, as there are only a few outlets and eateries in town. 

<listing geo_area_ids="5498" min_price=700000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Homes for sale in Villanova, PA

Gladwyne

Primely located right on the shores of the Schuylkill River is the enclave of Gladwyne. 

Like most Main Line towns, this area was settled in the late 1600s by Quakers moving to the United States. Over the years, Philadelphia residents began moving out of the city to reside in these quaint lands. Today, the zip code is one of the richest in America. 

Gladwyne retains an old colonial town feel, as farmland mingles with sizable residential property. Youngs Ford Road is where the area's historic downtown is, and visitors to the region can find an ample stock of storied buildings. 

What Gladwyne lacks in commerce, it makes it up in nature trails. Plenty of parks, farms, and trails crisscross the area, but one of the most popular is the Brildewild Trail. 

This extensive trail is open to hikers and horseback riders, providing over 20 miles of trails that explore most of Gladwyne. 

<listing geo_area_ids="5509" min_price=700000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Homes for sale in Gladwyne, PA

Blue Bell 

Pennsylvania residents looking for suburban solace with access to luxury comforts should check out Blue Bell. 

This small suburb north of West Philly offers a good mix of residential bliss with corporate office parks. The historic Blue Bell Inn was erected here in the late 1700s and is the town's namesake, though this was not always the case. Before their extinction, passenger pigeons gathered in large flocks in the area during their migration, leading residents to name the region Pigeontown. 

While those birds are gone, the beauty of the Pennsylvania countryside shines on. Blue Bell is home to the flyADVANCED Wings flight school, providing a chance for locals to see sweeping vistas from the sky. Many historic mansions and renovated farmhouses dot the landscape, which is perfect for Philly residents seeking space and solace. 

But unlike the Main Line towns, Blue Bell has an extensive corporate community. Unisys, Aetna, and IBM all have offices in the area. Shoppers can take the 476 south to nearby Conshohocken to find big-box retailers like REI and IKEA. 

<listing geo_area_ids="4996" min_price=700000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Homes for sale in Blue Bell, PA

Newtown Square

Not all suburban buyers want to escape the delights of Philadelphia. 

While there is an allure to living in the countryside, being close to City Center has its perks, making Newtown Square perfect for buyers that want to be under 30 minutes from Philly. The West Chester Pike, or Route 3, runs right through the town, taking commuters to Market Street and eventually leading to City Hall. 

Home to the iconic Square Tavern, Newtown Square has been on the map since the late 1600s. Today, there are a collection of old stone farmhouses and storied mills along the Crum Creek, telling the story of the industries that thrived in the area. But as train tracks connected places like Wayne and Villanova on the Main Line to Philadelphia, Newtown Square withered on the vine. 

However, as Philadelphians desired an escape from the cramped city streets, Newtown Square experienced a revival. There are now plenty of single-family homes strewn between the old stone buildings, providing an idyllic view into the past. 

But don't worry, there is a lively main street situated around West Chester Pike. 

<listing geo_area_ids="13628" min_price=600000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Homes for sale in Newton Square, PA

Wayne

Those looking for solitude within reach of Center City should check out Wayne, PA. 

This gem of a town shares a border with the famous Valley Forge National Historic Park, where George Washington famously camped his Continental Army back in the brutal winter of 1778. Despite starting as a train stop, Wayne is now one of the most affluent Philadelphia suburbs located right next to Chester County. 

Over the years, residents from the City of Brotherly Love began setting up second homes 14 miles away from downtown in this Main Line town. Route 30 is where most restaurants and shops are, and this is where you will find locals at upscale eateries like the White Dog Cafe. But if you are looking for name brand shopping, the upscale King of Prussia mall in nearby Montgomery County can satisfy any shopping urges.

Since Wayne is a historic town, you can expect to see areas like the South Wayne Historic District filled with Main Line mansions and homes built in the late 1800s. 

Most popular Philadelphia suburbs

• Bala Cynwyd
• Media
• Newtown
• Springfield
• Havertown

Bala Cynwyd

Waterfront living in Philadelphia is a precious commodity, and some of the most spectacular homes line the shores of the Schuylkill and Delaware Rivers. 

But some of the finest waterfront homes are in Bala Cynwyd. Located just to the north of West Philadelphia, this suburb is filled with single-family detached homes, some sitting high above the shores of the Schuylkill. As you move farther from the river, many of the houses in the area are nestled on tree-lined streets, set back from the curb. 

Bala Cynwyd has two major commuting corridors, the Schuylkill Expressway and Route 1, which means getting around the Philadelphia Metropolitan area is a breeze. Route 1 is the commercial district of the suburb, where locals can find a mix of boutique shopping stores and restaurants. 

While many residents drive to work, plenty of folks take a train ride to Philadelphia via the SEPTA  stations in the area, Bala and Cynwyd. These two train stations are the last reminders of when Bala and Cynwyd were separate towns.  

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Homes for sale in Bala Cynwyd, PA

Media

If small-town living outside the big city appeals to you, Media is the perfect place to start your home search. 

This borough is the county seat of Delaware County and is only 13 miles away from the center of Philly. A train line connected the town to Philadelphia at the turn of the century, kicking off a building boom, and many homes in Media either have a typical row house feel or are detached single-families. 

In addition to the historic housing, the sprawling downtown suburban square takes locals back to the Roaring '20s, as buildings like the storied Media Theater retain their dazzling neon light displays that brighten the night. And after a night on the town, many locals make use of the train trolly system to get to where they need to go. 

Buyers looking at homes in Media will find a varied housing stock, as there is plenty of new construction and condos popping up in this fast-growing suburb for buyers seeking turnkey properties.  

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Homes for sale in Media, PA

Newtown 

Homebuyers that split their time between Philadelphia and Trenton, NJ, should consider checking out Newtown, PA. Unlike Newtown Square, this suburb is north of Philly by about 25 miles and is just 15 miles from Trenton. 

Newtown is a historic area and is one of the many towns that William Penn himself organized to build up farming communities in Pennsylvania. There are several buildings and businesses in Newtown listed on the National Register of Historic Places. Visitors can even walk the Heritage Trail, the same path George Washington's army took during the Revolutionary War. 

Secluded neighborhoods and large farms surround Newtown, providing a rural feeling between two metropolitan cities. Despite the sleepy feel of the surrounding area, there is a lively downtown on State Street, where most locals hang out, shop, and dine out on the weekends.

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Homes for sale in Newton, PA

Springfield

East of Media, about 10 miles from Philadelphia, is the suburb of Springfield, PA.  

This area was primarily farmland, but a development boom in the 1950s transformed this small town into a bedroom community. As such, you will find plenty of single-family homes and a few older gems hidden amongst the housing stock. 

Unlike neighboring towns where the streets wind through forested neighborhoods, most of the area is laid out in an easy-to-navigate grid format. Baltimore Pike is the main commercial drag in Springfield, and it used to be called "The Golden Mile" due to all of the car dealerships that lined the street. 

Many dealerships remain on the Golden Mile, but there is a slew of big-box retailers and restaurants occupying the space left behind by dealerships of yesteryear.  

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Homes for sale in Springfield, PA

Havertown 

Most suburbs near Philadelphia either provide rustic countryside living or the amenities of a bedroom community. 

Havertown provides a mesh of historic charm with easy commuting. Part of what makes it one of the most popular Philly suburbs is that it is only nine miles from City Center and four miles from West Philadelphia. Beyond the creature comforts of Philly, there is plenty to do in this happening town. 

The annual Havertown Music Festival in August is one of the more popular events in town. Local bands and musicians gather to play a free concert for residents across several different stages set up in the town center. Beyond the festival, there are plenty of chances to lounge out and relax in Havertown.  

The suburb hosts over 30 parks, sports fields, and even offers Skatium, a mixed-use ice skating rink. But for the bookish-minded, there is a free library for locals. 

Interested in buying a home in the Philadelphia suburbs? Browse listings and see how much you can save with Prevu's Smart Buyer Rebate.

Almost every nook and cranny of the city and its boroughs are accessible through NYC’s far-reaching public transportation system. However, where you place roots will determine how easily you can reach those nooks and crannies.

Undoubtedly, the city’s 24-hour subway system - run by the Metropolitan Transportation Authority (MTA) - will be your bread and butter. But, not all neighborhoods, not even some of the most popular, are created equal when accessing some of the most flexible and convenient subway lines.  

Below, the Prevu Real Estate team will give you the insight of a local about everything you should know regarding the best NYC commuting neighborhoods.

Top NYC neighborhoods for commuters

• Astoria
• Midtown / Hell’s Kitchen
• Lincoln Square
• West Village
• Brooklyn Heights
• Park Slope
• Gramercy Park

Astoria

A legend amongst NYC’s well-known neighborhoods, Astoria can easily be considered one of the best neighborhoods in Queens. 

Sumptuous Greek and Middle Eastern cuisine, a strong sense of community and small-town vibes, and varied housing options have long since put Astoria on the map of the best places to live in NYC. Couple that with easy access to some of the most convenient subway lines, and you’ve got a neighborhood that arguably has it all.

Astoria boasts one of the most effortless commutes to Midtown Manhattan - 15 minutes travel time depending on where you live - but its numerous subway stops and lines also help connect it to the rest of the city and neighboring boroughs.

The N, W, and R lines are some of the most versatile of NYC’s subway system, and Astoria has access to all of them. Multiple stops, including Astoria Boulevard, 36 Ave, and Broadway help provide access to these lines regardless of where you settle in Astoria.

If you need more options, the 21st Street-Queensbridge stop provides access to the orange F line, while the 46th Street stop offers the blue E line in addition to the F and R trains. There’s even a ferry option for those who settle in the north-western reaches of Astoria, which connects riders to Roosevelt Island and 34th Street in Manhattan.

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Midtown/Hell’s Kitchen

If you have access to Midtown, you can access all of NYC and beyond.

The famed postcard images of NYC’s often chaotic heart, Midtown and Hell’s Kitchen mark the convergence of nearly all the essential subway lines that serve the Big Apple. You can virtually reach any part of the city from Midtown, parts of New Jersey, and essentially every borough.

The Times Square subway station, as iconic as the neon lights surrounding it, is home to nine subway lines, including the S shuttle train, which connects riders to the iconic Grand Central Terminal and its green lines. You can almost reach every local and express stop from this station, as the combination of trains covers virtually every part of the city and its boroughs. 

Anyone needing access to Brooklyn or Queens can use the N, R, W, and Q express trains. Those who plan to travel often to Harlem or West Village can use the local E and C trains and the express A train. 

The red 1, 2, and 3 subway lines, meanwhile, will provide the most seamless access for connection to the Bronx and East New York.

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Lincoln Square

With all the amenities that Lincoln Square offers, its impeccable commuting options become almost an afterthought, and rightfully so.

Home to the famed Metropolitan Opera, the Julliard School, and the Lincoln Center for the Performing Arts, the iconic neighborhood easily stands out as one of the most popular places to live on the Upper West Side. The world-famous entertainment venues are also complemented by a wealth of diverse cuisines and restaurants, from tried and true NYC steakhouses to some of the most delectable Indian eateries found in the city.

The nearby Columbus Circle, a famed shopping and dining destination in its own right, is almost on par with Times Square regarding access to New York City’s most-utilized subway lines. 

The 59th Street-Columbus Circle station, located on the southwesternmost corner of Central Park, is serviced by six trains. The express A train makes its first stop here after a lengthy trip between 125th Street and 59th Street. The train allows for a breezy commute to Inwood or the upper reaches of Manhattan’s West Side. The D, B, and 1 trains - the 2 also stops here during late nights - help commuters connect to other parts of the city and the boroughs.

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West Village

The ever-evolving West Village always had a flair for the avant-garde. Its very streets, a collage of juxtaposed angles and hard-to-recall street names, help set the tone for just how unique this iconic neighborhood is.

Much like Lincoln Square, West Village’s jam-packed itinerary of attractions - legendary jazz clubs, vintage clothing shops, record stores, and a neverending carousel of dive bars - tends to overshadow the unparalleled convenience of the area’s commuting scene.

West Village is a stone’s throw away from Washington Square Park, which is smack in the middle of all the subway lines you need to enjoy a quick commute time to NYC’s essentials. 

The W 4th Street-Washington Park station is your go-to for easy commutes up and down the West Side. The A train will whisk you away to Times Square or Colombus Circle within 15 minutes - as long as there’s no construction at one of the stations on the way there - while the B, D, and F trains can take you to Brooklyn or the East Side.

On the eastern side of Washington Square Park is the priceless convergence of the 8th Street - NYU stop and the Astor Place station. Only a block apart, the stations provide access to the yellow and green lines, creating an ideal commuting option for those needing to reach any part of the Upper East or various parts of Midtown and the boroughs.

You even gain access to two Port Authority Trans-Hudson (PATH) stations at Christopher Street and 14th Street, allowing you to explore New Jersey’s Hoboken and Jersey City. 

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Brooklyn Heights

The breakneck pace of Manhattan’s pulse isn’t for everyone - but that doesn’t have to mean you’ll lose access to excellent commuting options.

Brooklyn Heights is the not-so-well-kept secret of Brooklyn. Situated right across the water from the mesmerizing skyline of the Financial District and boasting views of the Hudson River, the historic neighborhood is notorious for its demanding price points and is home to some of the most coveted real estate in New York.

Its boutique-like square footage allows for breezy traversal of the entire neighborhood, so you can easily reach any of its five subway stations. 

The northernmost High Street gives you access to the all-important A express train and the workhorse C train, giving you access to Midtown within 35 minutes.

Court Street is home to all the essential yellow trains: the N, R, and W. Though there is no Q express train here, the N can take its place for commuting purposes, as it can sometimes run express and take you to stations where you can transfer to the Q.

Lastly, the Borough Hall and Clark Street stations will connect you to the red 2 and 3 trains, which make local stops throughout the Financial District and provide connections to reach the South Street Ferry and Battery Park.

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Park Slope

As the saying goes, “You can’t have your cake and eat it, too.” But if Park Slope is a place you call home, you can at least savor a slice.

The tranquility and neighborhood airs of one of the best neighborhoods in Brooklyn have made Park Slope a mecca for those seeking community, local flair, and an escape from the relentless rush of the city. 

Decorated with historic brownstones and lavish townhouses, Park Slope is one of the best areas to live near Prospect Park, making it one of the most desirable residential destinations available in the city. In most cases, peace and quiet and vibrant local spirit don’t often go hand in hand with access to the vital subway lines and easy commutes. But Park Slope doesn’t disappoint in this regard, either.

Though not as conveniently dispersed as in other neighborhoods, Park Slope’s subway stations provide access to essential subway lines that can eventually connect you to whatever train you need.

The two essential train stations you should know are Grand Army Plaza and 9th Street. Grand Army Plaza, framed by the famous Soldiers and Sailors Memorial Arch, is located in the northeasternmost corner of the neighborhood, providing access to the 2, 3, and 4 trains. The red 2 and 3 trains can take you to the Financial District and parts of the West Side within 30 minutes, while the green 4 line will give you access to the Upper East Side and Grand Central Terminal.

Meanwhile, the 9th Street station is almost in the heart of Park Slope and is serviced by the yellow N, R, W, and orange D trains.

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Gramercy Park

Those willing and able to splurge on some of the most exclusive real estate available in NYC are bound to come across Gramercy Park. When you do come to explore it, mark it down as one of the most commuter-friendly neighborhoods in Manhattan.

Gramercy Park is an oasis within the city’s concrete jungle, which boasts one of the best locations to reach almost every corner of the Big Apple. Nearby Union Square provides access to the essential N, R, and W trains, which connect you to virtually any train. The 4, 5, and 6 trains open up the entire Upper East Side, while the L train will take you straight to Williamsburg whenever you crave hipster-approved craft coffee, cocktails, and beer.

Venture two blocks west from Irving Place, Gramercy Park’s eastern border, and you’ll arrive at the western 14th Street stations, which are serviced by the 1, 2, and 3 trains; these will be your best ticket to reach hotspots like Columbus Circle or Times Square, from where you can connect to any train you need.

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Interested in buying an apartment in NYC? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

It can help both buyers and sellers to look at closing costs as a bittersweet pill to swallow: on the one hand, it’s a hefty line item when it comes to expenses, but on the other, it’s a reminder that you’re that much closer to buying or selling a home.

Closing costs vary for buyers and sellers in Florida, so the team from Prevu Real Estate breaks down the most important expenses both parties should be aware of, how to estimate them, and even how to potentially offset some of them. 

What are closing costs in Florida?

Closing costs are essentially one-time expenses both buyers and sellers must pay before finalizing a real estate transaction. Of course, these expenses can vary for both parties and can even be negotiated between buyer and seller, depending on the situation. 

The most common closing costs can include real estate commission fees, deed recording fees, transfer taxes, loan origination fees, and other expenses that may come up during the closing process. 

It is vital to talk to your real estate agent, tax advisor, and mortgage broker before diving into the transaction process to understand what closing costs you may have to pay as either seller or buyer.

Who pays real estate closing costs in Florida?

Who pays what often depends on each unique scenario. Sometimes the buyer and seller will share certain closing costs according to prior negotiations, but there are certain closing expenses that are traditionally paid by either buyer or seller independently of each other.

Real estate commissions, for example, are typically the seller’s realm of responsibility. The seller usually pays their listing agent a commission for their services, and a portion of that is often shared with the buyer’s agent. 

On the other hand, loan origination fees are part of a buyer’s closing costs checklist and are usually one of the most significant expenses. 

However, costs like transfer taxes (known in Florida as documentary stamp tax) can sometimes be shared between buyer and seller, depending on negotiations and the nature of the real estate transaction. 

Buyer closing costs in Florida

• Appraisal fees
• Loan origination fees
• Title search and title insurance
• Recording fees
• Prepaid property taxes
• Mortgage insurance
• Surveying fees
• Home inspection fees

Loan origination fees often make up the brunt of a buyer’s closing responsibilities in Florida. Title search and title insurance fees can also be significant and ensure the property has no liens.

Recording fees are another typical expense that covers the costs of officially recording the change of property ownership with local government agencies. Buyers should also anticipate prepaid property taxes, which cover the property tax from the closing date to the end of the tax year.

Florida is known for its water bodies and hazardous weather conditions, so surveying fees and home inspection fees may often come into play. Though they don’t make up most of a buyer’s closing costs, inspections are essential to ensuring that the property’s boundaries are correctly mapped out and that the home is free from potential hazards like mold or structural weaknesses.

Seller closing costs in Florida 

• Real estate commission 
• Title search and title insurance
• Transfer taxes
• Deed recording fees
• Property taxes up to the date of sale
• Home warranty for the buyer

Real estate commission fees are the lion's share of seller closing costs in Florida. Typically, these fees are split between the buyer's and seller's agents, averaging 5% to 6% of the home’s sale price.

Title search and insurance, as with buyers, ensure there are no unresolved claims to the property. However, for sellers, providing these also boosts the buyer's confidence in the transaction.

Transfer taxes are imposed by the state and local governments, amounting to roughly $2 per $1,000 of the sale value. Remember that additional fees may also be associated with title transfers or applicable homeowner's association dues that need to be considered.

Unpaid property taxes up to the date of the sale are also the seller's responsibility. Sometimes, sellers might also offer a home warranty to incentivize buyers. This warranty typically covers major home systems and appliances for a year after the sale.

How to estimate closing costs in Florida

Estimating closing costs in Florida isn't a mere guesstimate; it demands a blend of research, consultation, and understanding of local nuances.

Both buyers and sellers can start making an estimate by first understanding the home’s potential sale price. Most of the closing costs are percentages of this amount. For instance, if you know the average real estate commission in Florida is about 5% to 6%, on a home sold for $600,000 a seller will pay approximately $30,000 to $36,000 in commission fees.

Tools like online closing cost calculators can also be helpful. Many Florida real estate agencies and lenders provide these tools, which input local tax rates, transaction norms, and fees to provide a ballpark figure.

However, it's not just about plugging numbers into a calculator. Leverage the expertise of your real estate agent and mortgage broker to get as much information as possible so you can start planning an effective budget; their knowledge will help you zero in on a more accurate estimate.

How sellers can minimize closing costs in Florida

There are a few tips sellers can utilize to tackle closing costs more effectively, but let’s start with the most important closing cost: real estate commission fee.

While the typical commission in Florida may range between 5% and 6% of the home’s sale price, it's not set in stone. Sellers can and should negotiate the commission fee with their listing agent, especially if the property is in a high-demand area or you're using an agent who provides limited services. 

Apart from negotiating with your potential listing agent, you should also consider negotiations with your potential buyer. It's not impossible for buyers to agree to cover certain closing costs, especially in a competitive seller's market. 

How buyers can offset closing costs in Florida

The most effective tool buyers can use to save on closing costs is a commission rebate.

Many traditional brokerages do not offer buyers a rebate, yet it is the only tool in a buyer’s potential arsenal that puts cash back in their pocket that can be used towards paying closing costs.

Simply put, a commission rebate is a portion of your buyer’s agent commission given back to buyers as extra savings after closing.

Modern brokerages like Prevu Real Estate invest heavily in a streamlined digital homebuying platform and a hand-picked team of salaried agents to help unlock rebates for buyers and provide them a lane to handle closing costs more effectively. 

For instance, Prevu currently offers the largest rebate in Florida, allowing buyers to receive up to 1% of the home’s sale price via their Smart Buyer Rebate after closing. So if you were to purchase a home in Fort Lauderdale for $1,250,000 via Prevu, you could receive a rebate check for up to $12,500.

Those thousands of dollars in savings can make closing costs more manageable, helping you rebuild your savings or simply jumpstart your furniture budget for your new home. 

To help buyers prepare for the many expenses that come with a home purchase, we’ve outlined common closing costs Philadelphia homebuyers need to factor into their budget.

How much are closing costs in Philadelphia?

Buyers should expect to pay between four and six percent of their purchase price for closing costs when purchasing a home in Philadelphia. Yes, this sounds like a lot, but it is very common for closing costs to be high in major metropolitan cities. 

What are the typical buyer closing costs in a Philadelphia home purchase?

• Realty Transfer Tax — Pennsylvania & Philadelphia
• Title Insurance
• Loan Origination & Underwriting Fees
• Appraisal Fee
• Home Inspection Fee
• Homeowner’s Insurance

Realty Transfer Tax

The largest closing costs when purchasing a home in Philadelphia are the realty transfer taxes. 

The Commonwealth of Pennsylvania collects 1% while the City of Philadelphia collects 3.278% for a  total of 4.278%. Luckily, it is customary (but not legally required) for the buyer and seller to split the transfer taxes evenly. 

In most cases, the buyer will pay 2.139% and the seller will pay 2.139%. The rare exception is if you purchase a foreclosure, in which case you would likely pay the full 4.278%. Realty transfer taxes are payable when a property deed is filed with the State Records Department. 

Title Insurance

If you are purchasing a home with a mortgage you will need to get title insurance as the bank will require it. The cost varies depending on the provider, but current estimates range from 0.5% to 0.75% of the purchase price for your title insurance premium in Philadelphia. 

Title insurance protects buyers and lenders against claims on the title of your property prior to your ownership of the home. Liens or unpaid property taxes against the property are two potential issues that title insurance protects you (and your bank) against. While it might seem pricey, a mortgage company is unlikely to lend you money without it.   

<smarttip text="You can easily offset a portion of your closing costs when buying a home in Philly. Select a real estate brokerage that offers the benefit of buyer’s rebate on its commission." cta_url="https://www.prevu.com/" cta_text="Learn about commission rebates"></smarttip>

Loan Origination & Underwriting Fees

The loan origination fee and underwriting fees are administrative fees for processing your application and all the necessary review. These fees usually range between 0.5% and 1% of your total loan amount.

There are many moving parts behind-the-scenes when banks review mortgage applications, and the loan origination and underwriting fees are meant to cover those activities. Be sure to ask about fees in advance so that you know what to expect before choosing a lender. 

Appraisal Fee

Mortgage lenders or banks require an appraisal before moving forward with a home loan. The reason for this is that your home will serve as collateral for the mortgage. Lenders will want to see that the property appraises for at least the purchase price. The cost of an appraisal in Philadelphia will typically range between $400 to $700 depending on the appraisal company the lender uses.

Home Inspection

It is always recommended to get an inspection when purchasing a home. A professional, licensed inspector will help you rule out any major issues with the property before buying. 

Home inspections cost between $300 and $1,000. The high end of the range occurs if you need special systems tested or inspected. However, it is safe to budget for $500.

Homeowner’s Insurance

Several factors affect the cost of homeowner’s insurance. They include the price of the home, size of your mortgage, deductible amounts, liability coverage, and replacement cost of your home. 

Get some quotes from local insurance agents to get a sense of what to expect, and what each coverage amount entails. The premiums can vary widely ranging from $750 to well over $2,000 depending on the coverage you need.

How can buyers offset these closing costs?

Unfortunately, closing costs are simply part of the home buying process. Buyers should do their homework so they are prepared when it comes time to make an offer on their dream home. 

You can offset a large portion of your closing costs by getting a commission rebate from your buyer’s broker. Prevu, a digital home buying platform, rebates a portion of the broker's commission it receives representing buyers.

The concept of a commission rebate is when a buyer's broker gives you a portion of their commission as a refund when they represent you on a purchase. Plus, commission rebates are legal in 40 US states including Pennsylvania.

Prevu’s Smart Buyer™ Rebate is the largest commission rebate available in Philadelphia. In addition, buyers benefit from a seamless online buying experience and the advice of an expert realtor with you every step of the way. You receive up to 1% cash back on your purchase with Prevu, which certainly will help with closing costs.

How to estimate your closing costs

You don’t have to simply rely on a checklist. Ask your realtor and mortgage professional questions early in your home search. They will both be able to  give you an itemized breakdown of estimated closing costs based on factors such as your budget, average tax amounts, local service fees, etc. This enables you to better prepare for your purchase.

Buyer Closing Costs Philadelphia Home ($750,000 purchase price, 20% down payment)

• Pennsylvania Realty Transfer Tax — $3,750
• Philadelphia Realty Transfer Tax — $12,293
• Title Insurance — $3,750
• Home Inspection — $500
• Appraisal Fee — $600
• Loan Origination & Underwriting Fees — $4,500
• Homeowner’s Insurance — $2,200
• Total — $27,593

Note: The above example assumes the buyer and seller evenly split the realty transfer taxes.

Prevu is the real estate technology company on a mission to save people money when they buy a home. Our Smart Buyer™ Rebate makes it possible for homebuyers to save when they buy a home with a seamless, end-to-end buying experience and the expert advice of a dedicated, salaried agent.

If you are looking for small-town charm and proximity to Washington, D.C., you should check out Northern Virginia. The state slogan, Virginia is for lovers, extends beyond couples, it extends to the neighborly bonds you can find in the cities and towns of NoVA.

Located on the southern side of the Potomac River, this vibrant region in the Commonwealth of Virginia, bordering Washington, D.C., and Maryland, is often referred to as Northern VA. The region is home to some of the leading firms in defense technology and healthcare.

When it comes to finding a home, the cities and towns of Northern Virginia offer quaint downtowns and tight-knit communities. Plus, most commutes are at or under an hour from D.C. Northern VA provides a mix of urban and suburban living, offering access to both city amenities and a quieter suburban lifestyle.

Best places to live in Northern Virginia

• Arlington
• Alexandria 
• McLean
• Fairfax
• Falls Church City 
• Reston 
• Herndon
• Vienna
• Ashburn
• Manassas

Arlington 

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Alexandria 

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McLean

About ten miles to the northwest of D.C., you will find McLean an enclave attracting political figures, Fortune 500 companies, and it is nestled on the shores of the Potomac. 

Unlike Alexandria and Arlington, McLean does not have a downtown area, but it does have shopping centers and plazas at the intersection of Chain Bridge Road and Old Dominion Road. If you want high-end shopping, head to the Tysons Corner Center or Tysons Galleria for big box retail therapy. 

Part of what attracts people to McLean is the beautiful nature of the town. Scott's Run Nature Preserve and Langley Oaks Park offer residents serene trails cutting through old-growth forests. One of the largest outdoor spaces in the region is the 800-acre Great Falls Park, where the mighty Potomac cascades through Mather Gorge. 

In places like Langley, near the Central Intelligence Agency headquarters, homebuyers will find sprawling mansions on large plots of land surrounded by trees. To the south, near Haycock Longfellow Park, buyers will discover traditional suburban bliss with modest single-family homes lining the streets. 

Nearly all major routes commuting to the rest of the DMV from Mclean can be a breeze. The 495 Beltway crosses the Potomac, plus the scenic George Washington Memorial Parkway can take you south towards Arlington and Alexandria. 

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Fairfax 

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Falls Church City 

Folks looking for a small-town charm with a tight-knit community should check out Falls Church City. 

The city is only eight miles west of Downtown Washington, D.C., making it perfect for buyers that plan to commute to the Capital. Homebuyers coming to Falls Church will find a mix of historic homes, classic colonials, craftsman-style houses, and modern townhomes. 

The city is built around the Falls Church Historic District, located at the intersection of N Washington Street and W Broad Street. This storied area has plenty of small craft shops, boutiques, and popular local haunts like Hot 'N Juicy Crawfish and Dogwood Tavern. But if you need to get shopping done, you can head to the new Aldi that popped up on N Washington Street. Another popular haunt is the nearby Mosaic District, featuring familiar national retainers.  

Just beyond these commercial corridors, you will find suburban streets with quaint homes on verdant plots of land. These houses range from modern single-family homes to storied historic Victorians. 

Locals and folks from the surrounding areas flock to Falls Church all year round for the Falls Church Farmers Market to grab fresh produce and baked goods like Mama’s Donut Bites. Another big pull is The State Theater, which hosts concerts, comedy shows, and other theatrical productions. 

If you commute, the I-66 can get you into the heart of D.C. in 15 to 25 minutes, depending on traffic. But you can also hop on a Metro real at the East Falls Church Metro Station for a ride to Washington, D.C. 

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Reston 

At just 20 miles from D.C., Reston, VA, is the perfect place to look for a home if you need to be close to the city but love your peace and quiet. 

With the recently completed Silver line of the Metrorail, folks who work at the DC headquarters for firms like Google or Microsoft in a breeze. But drivers can also get into D.C. in under an hour via I-66. Reston is just east of Dulles International, providing residents easy access to the airport and the plentiful shopping that accompanies it. 

The commercial corridor on Reston Parkway has high-end shopping, with the bustling Reston Town Center offering shops, restaurants, cafes, and small entertainment pavilions. The Town Center is where locals gather for art festivals, musical shows, and farmers' markets. 

While the commercial areas have a lot of hustle and bustle, Reston boasts over 1,350 acres of open space, including lakes, ponds, and wooded areas. There are even two golf courses in town. Once you head into Reston's residential parts, you feel like you are driving through a forest. 

Wooded, winding roads characterize the most expensive parts of the town, where you can find mansions on large plots of land. But close to the Dulles Access Road, you can find townhouses and condominiums with cluster housing.  

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Vienna 

If you want a charming, small-town atmosphere, look at some homes in Vienna, VA. Like other Northern Virginia towns and cities, Vienna dates back to the 18th century, and the community centers around the historic old town. 

The intersection of Dominion Road NE and Maple Ave W is where you can find shops, restaurants, and grocery stores. The Caboose Brewing Company & Tavern is a popular haunt in town on Dominion Road, and folks usually stop here when exploring the historic Washington and Old Dominion trail that runs through Vienna. 

Part of what draws folks to Vienna is the active community. Besides the farmers market, the town prides itself on the yearly Vienna Halloween Parade. The Wolf Trap National Park for the Performing Arts is another point of pride for locals, who show up to catch concerts, cultural events, and theatrical performances. 

Folks buying property in Vienna will find tree-lined streets, well-maintained neighborhoods, and a diverse home stock. You will find traditional colonial-style homes next to modern ranches and craftsman-style homes. 

Like Reston, Vienna preserves its outdoor charm, and this dedication to nature is on display at the Meadowlark Botanical Gardens. From ponds to curated gardens, Meadowlark provides a tranquil escape for locals. 

When it comes time to head to D.C., folks can use either I-66 or I-495 to reach the Capital in about 30 to 45 minutes. 

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Herndon

Most Northern Virginia towns have a particular type of vibe, where you can find fun main streets and suburban bliss. Herndon exemplifies that feeling. 

Parts of Herndon feel like a bustling metropolis because of Dulles International Airport. Large shopping centers and name-brand hotels are on the Dulles Access Road. 

But in places like Historic Herndon, you can find the tranquility that used to define the area for years. This stretch of the town starts at Elden Street and continues north for several blocks. The Herndon Historical Society showcases the story of Herndon, while the iconic red brick sidewalks provide a safe means for folks to explore the shops and restaurants in the area. 

The suburbs of Herndon provide a serene bliss that you will not find in a big city. Houses here range from quaint single-family homes to new condos and townhomes closer to the airport. 

Folks can hop on the Silver line of the Metrorail or use the Dulles Toll Road to reach The District within about 30 to 45 minutes. Many folks living in Herndon end up working here too, as the Dulles Technology Center hosts many tech companies and businesses.

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Ashburn

Manassas

If you do not need to be in D.C. for the weekly nine-to-five, consider buying a home in Manassas, VA. At about 30 miles southwest of Downtown D.C., the commute can be long, but the trade-off is the serenity. 

To the east is the expansive Bull Run River, with acres of protected forest surrounding its banks. To the south, folks will find miles of farmland extending through the state. 

Despite the rural feel in the outskirts of town, there are several commercial districts in Manassas, along with a historic district. Thrifters will love the antique stores, boutique shops, art galleries, and preserved buildings housing these enterprises. But if you are looking for modern shopping, the Manassas Mall provides plenty of big-box shopping. 

But if taking in history is more your style, you should check out the Manassas National Battlefield Park. These hallowed grounds preserve the sites of the First and Second Battles of Manassas during the Civil War, allowing visitors to explore the battlefield and hike along trails once used by soldiers. 

While the history is riveting, the housing stock in Manassas is typically what draws folks this far south. Homebuyers will find historic homes, colonial-style houses, townhomes, and newer residential developments to move into. Regarding commuting, I-66 is your best bet for getting to Washington. D.C. 

All the hurdles you once crossed on the way to acquiring your first NYC apartment will be a cornerstone of helping you navigate the new hurdles on your way to selling that unit as you start a new chapter in your life, post-apartment sale.

How you sell and the steps you’ll go through can depend significantly on the type of apartment you’re selling and how you decide to sell. Want to go lone-wolf and handle everything as a For Sale By Owner listing while juggling co-op boards all on your own? The reward is a commission-free sale with potential for significant profit, but at the cost of heavyweight responsibilities. 

Or maybe you just want to kick back and relax while an expert NYC agent handles your condo sale for you, even if that means paying a potentially hefty commission?

Each seller's unique circumstances will determine the best route for them. But every apartment owner considering listing their unit for sale can benefit from having a step-by-step guide to help them organize what tends to be a tedious process.

Below, the team from Prevu Real Estate will guide any New York City seller through the most crucial details they’ll need to understand before selling their NYC apartment.

How to sell your apartment in NYC

• Understand the real estate market
• Selling a condo, co-op, or townhouse
• Deciding when to sell
• Work with an experienced NYC agent
• Price your apartment strategically
• Preparing your unit for sale
• Showings and open houses
• Get familiar with the rules of your building
• Be ready to negotiate
• Navigating the closing process

Understand the real estate market

With inventory that shifts block by block and seasonal fluctuations that can make or break a deal, understanding the nuances of the NYC real estate market is crucial. 

Start by looking at inventory trends in your neighborhood. Are apartments like yours selling quickly, or sitting on the market for months? Take note of the price points that are changing and which ones are remaining stable. You’ll also want to keep an eye on broader market trends, such as mortgage rates, buyer demand, and changes in remote work patterns—all of which can influence how quickly your apartment sells.

And don’t underestimate the power of seasonality in New York City. Spring and early fall are typically the hottest times to list, while the holidays and the dead of summer tend to be quieter. Timing your sale for peak buyer activity can mean the difference between multiple offers and a lonely listing.

Selling a condo, co-op, or townhouse

Not all NYC apartments (or homes) are created equal, and the way you sell your place depends heavily on what type of property you own. 

Selling a condo? You’ve got a bit more flexibility. Selling a co-op? Get ready for extra paperwork - and rules - lots of them. Townhouse? Welcome to the land of single-family charm and typically no board approval process.

Co-ops make up about 75% of NYC’s housing stock, and selling one means dealing with board approval, stringent qualifications for prospective buyers, and often, long application timelines and interviews. If your building is known for being picky or notoriously slow, it’s essential to set buyer expectations from the start. A great listing agent will help navigate the process and prep your board package in advance to avoid any hiccups.

Condos offer a more streamlined experience, with fewer hoops for buyers to jump through. However, condos often come with higher monthly common charges, so make sure to highlight the amenities and building perks in your listing.

If you’re selling a townhouse, congratulations—you’re in a special category. You typically won’t need board approval (unless the townhouse falls under the management of a homeowner’s association), and you can market to buyers who crave privacy and space. Just be sure to prepare for slightly longer listing times, as townhouse buyers tend to move more cautiously through the decision and inspection process.

Deciding when to sell

Figuring out the right timing starts with asking the right questions. 

Are you relocating for work? Need more space? Are market conditions just right? Am I economically prepared for relocation? Whatever the reason, make sure you’re truly ready to say goodbye to your apartment.

Financially, you’ll want to make sure you’ve built up enough equity to make the sale worthwhile. After factoring in commissions for real estate brokerage services, closing costs, and potential capital gains taxes, will the proceeds be enough for your next chapter? If the math isn’t quite adding up, it might make sense to wait and reassess in a few months or years.

Also, consider market conditions. If you bought at the top of the market and prices have since dipped, selling now might mean taking a loss. Conversely, if inventory is low and buyers are circling like hungry pigeons in Central Park, it could be your moment to maximize your potential gain. 

Consult with a trusted agent who understands your building and neighborhood—they can help you read the signs and make sure they align with your goals.

Work with an experienced NYC agent

Between co-op board packages, condo rules, and buyer financing nuances, it pays to have someone on your side who knows this concrete jungle inside and out. This is where a seasoned NYC real estate agent becomes your secret weapon.

Don’t rush into a partnership with the first agent you meet, however. You want someone with experience in your building type (e.g., co-op, condo), who understands your specific neighborhood, and knows how to price and market apartments like yours. Ask for their recent sales record, marketing approach, and how they plan to help you navigate board requirements.

And don’t forget to talk dollars and cents. With recent commission structure changes making headlines, you’ll want a clear understanding of your agent’s fee, what’s included, and how flexible they may be. Some brokerages even offer alternatives, such as flat-fee services or partial representation, worth exploring if you're trying to maximize your profits.

Price your apartment strategically

One of the most powerful levers in the selling process is setting a strategic listing price from the get-go. 

Price it too high, and you’ll scare off serious buyers. Too low, and you might leave money on the table. But get it just right? That’s when the magic can happen—multiple offers, competitive bidding, and potentially a higher final sale price.

To arrive at that “just right” number, start with a comparative market analysis (CMA). Your agent should pull comps—recent sales of similar apartments in your building and neighborhood. But don’t stop at raw numbers. NYC pricing is nuanced. A renovated kitchen, a better view, higher floor, lower monthly maintenance, or an in-unit washer/dryer can mean thousands of dollars in difference in value.

Once you’ve set a price, be open to reassessing. If traffic is low after the first few weeks on the market, or if you receive feedback that the price seems steep, it may be time for an adjustment. Don’t let your apartment linger. The longer it sits, the more buyers start to wonder why it hasn’t sold, which can become a problem of its own.

Preparing your unit for sale

Buyers aren’t just evaluating square footage when they first see an apartment; they’re considering a lifestyle. So, before you even think about scheduling showings, your space needs to be an open canvas that buyers can use to envision their future home. And for that to happen, you need to create a balanced, neutral staging for your apartment.

Start by decluttering every room. Remove personal items, excess furniture, and anything that doesn’t make the space feel open and inviting. In tiny NYC spaces, even a few too many books or bulky furniture can make your apartment feel cramped. Consider renting a storage unit to tuck away anything you don’t need until after the sale.

Once decluttered, it’s time to clean. And we don’t mean a quick vacuum and dusting—we mean an all-hands-on-deck, baseboards-sparkling, windows-gleaming deep clean. If there was ever a time to call in a professional cleaning crew, this is it. After that, think about staging. 

Whether you hire a pro or rearrange your furniture with a bit of creativity, the goal is to make your apartment feel neutral, spacious, and welcoming. Don’t underestimate the power of a few well-placed plants, soft lighting, and freshly laundered linens.

Showings and open houses

It’s really up to you as the seller if you want to be present at every showing or open house, particularly if you are selling on your own. But if you want buyers to feel more comfortable, your agent should handle the responsibility of showing your property and hosting all open houses. 

Create a showing schedule that offers enough flexibility to accommodate buyer demand. Your strategy should include evening weekday showings, weekend open houses, and private tours. Avoid turning down showings—more eyeballs equal more chances to sell.

During open houses, your agent should handle all the logistics, greet potential buyers, and collect feedback. That feedback is invaluable. If multiple buyers say the apartment feels “dark” or “overpriced,” it may be time to tweak your lighting or pricing strategy. Always be willing to pivot based on what the market tells you.

Get familiar with the rules of your building

Yes, it’s a drag, but rules are rules. If you’re selling a condo, your building will likely have rules to follow as you get through the selling process. This can mean specific hours for scheduling property tours, restrictions on particular renovations or fixes, (this can be a roadblock if you need to remodel as you prepare your unit for sale), and other requirements that vary from building to building.

If you’re selling a co-op apartment, you must be up to date on how the board operates during a sale. 

Boards can be notoriously meticulous when reviewing potential buyers. While the buyer will carry the burden of putting together the packet, you’ll play a supporting role in ensuring everything goes smoothly.

If requested, expect to provide building documents, financial records, maintenance history, renovation disclosures, and possibly a personal reference for the buyer. The goal is to present a clean, easy-to-review case for why your buyer is financially sound, reliable, and ideally not someone who throws drum-circle parties at midnight.

Timing matters here. Even if you’ve accepted an offer, your deal won’t close until the board gives its blessing, which could take weeks. That means prepping as early as possible, staying responsive, and working with your agent and possibly an attorney to ensure your buyer has all the necessary pieces to get the green light.

Be ready to negotiate

You may have priced your apartment thoughtfully and staged it like a page out of Architectural Digest, but odds are your buyer will still come in with an offer that's not quite in line with what you were hoping for.

This is where your agent’s expertise will shine the most. An experienced broker will know how to handle the back-and-forth: when to stand firm, make a counteroffer, and throw in a little sweetener (like covering a few months of maintenance fees) to close the deal. 

Evaluating the buyer’s financial profile as part of the offer is also essential. A slightly lower bid from an all-cash buyer with no contingencies might be stronger than a higher offer that depends on financing approval or a co-op board’s approval. 

Navigating the closing process

Understanding seller closing costs can be indispensable to pricing your apartment right from the start and understanding your potential proceeds from the real estate transaction.

Let’s start with the big-ticket item: real estate broker commission - typically ranging from 3% to 6%, depending on what you agree to with your listing agent and/or your willingness to offer buyer agent compensation during offer negotiations.

If you’re selling a condo or co-op in a luxury building, you may also face a flip tax imposed by your building, often ranging from 1% to 3% of the sale price depending on the building. And yes, they call it a “flip tax,” but really, it’s more of a transaction fee for exiting the building.

Then come the smaller, yet still unavoidable costs: real estate attorney fees, move-out deposits (co-op and condo boards love those), and the NYC transfer tax. 

Sellers of properties over $500,000 will typically pay the city 1.425% of the sale price. On top of that, there’s the New York State transfer tax (0.4%).

Make sure you’re working with a real estate agent and attorney who both know NYC like the back of their hands and can break down your closing cost estimate before you list. In advance of listing, you can also estimate your potential transaction fees with a NYC seller closing cost calculator.

In addition to estimating transaction costs paid at the closing table, sellers should also speak to their accountant to understand the tax implications of real estate capital gains, if applicable. 

Interested in selling your NYC apartment this year? Learn how you can save thousands on commission with Prevu’s seller services.

In order to make your NYC co-op search easier, below the team from Prevu Real Estate answers the most common questions New Yorkers ask about buying a co-op apartment.

Questions to Ask When Buying a Coop in NYC

• What is a co-op in NYC? How is it different than a condo?
• What is the required down payment for a co-op in New York City?
• How much will I need in financial reserves post closing?
• Can I sublet? If so, what is the sublet policy?
• What is a flip tax?
• Is gifting or co-purchasing allowed?
• Are pets allowed?
• How much are coop closing costs in NYC?
• Can I get assurance on making post-closing renovations before buying?
• What's included in my monthly co-op maintenance fees?
• Do I need a buyer's broker when buying a co-op in NYC?
• Do I need a pre-approval to make an offer on a co-op?
• What debt-to-income ratio is required by co-op boards?
• Why don't co-op listings show square footage?
• What tips will I get for the co-op board interview?
• When will I find out if I am approved by the co-op board?
• How can I make my NYC co-op purchase more affordable?

1) What is a co-op in NYC? How is it different than a condo?

2) What is the required down payment for a co-op in New York City?

The answer is it depends. Every co-op is different. Many NYC co-ops allow for 20% or 25% down, while others expect 30% down. In the extremely exclusive co-ops you may find on Fifth Avenue or Park Avenue, we have even seen expectations that co-op buyers put down 40% or greater amount of money as a down payment.

While this might be good for the financial quality of residents in the building, it can affect your ability to purchase a co-op, so make sure to discuss with your agent to ensure you are focused on the right building. 

3) How much will I need in financial reserves post closing?

Post-close liquidity is more commonly referred to as financial reserves. A good rule of thumb when buying a co-op in NYC is to plan to have twenty four months (two years) of mortgage and monthly maintenance payments as financial reserves (post closing). During the offer process, co-op sellers will ask to see a REBNY Financial Statement to understand a buyer's financial situation and available reserves.

To calculate reserves, include cash, marketable securities (stocks and bonds), and other investments or liquid assets that can quickly and easily be converted to cash. Some co-op boards may consider crypto if documented appropriately. Generally other real estate and retirements accounts are not included.

Of course, there are always exceptions to the rule, a select few of the most exclusive co-ops in NYC expect buyers to have financial reserves post closing equal to the purchase price of the apartment.

To learn more about how much cash you’ll need when buying a co-op in NYC, read our blog post “How Much Cash Do I Need to Buy a Co-op in NYC?”

4) Can I sublet? If so, what is the sublet policy?

The rules around subletting a co-op apartment may seem restrictive to most people, but the primary goal of such rules is to encourage high shareholder occupancy as owners are generally viewed as more likely to take better care of the apartment and building than tenants.

Regardless of the reason for the rules, the sublet policy of each co-op may vary from building to building.

Many co-ops require you to live in the apartment for two years before being allowed to sublet. If you are able to sublet, most co-ops charge an additional fee for subletting, require board approval of the person subletting the apartment, and there can be restrictions or caps on the number of years you are allowed to sublet during the period of your ownership.

5) What is a flip tax?

A flip tax is a transfer fee paid for by a buyer or seller to the co-op during a co-op apartment sale transaction. It is simply a fee and technically not a “tax”, therefore it is not deductible as a property tax as it is not levied by a government entity.

The amount of the flip tax varies from co-op to co-op, but this information is generally outlined in the building’s proprietary lease or co-op by-laws. A few of the methods co-ops use to calculate the flip tax include percentage of sale price, percentage of profits, set dollar amount per share owned, and the list goes on.

At the end of the day, it is important to be aware of how your co-op calculates this flip tax if applicable to your building as well as who pays the flip tax, buyer or seller. While the flip tax may not be a cost for you when purchasing a co-op, it will be something to keep in mind when you eventually sell the apartment in the future.

<smarttip text="Did you know you can get a rebate from your broker? Buying with Prevu you’ll pocket a portion of your agent's commission. On a $2 million co-op apartment, you’d receive up to $30,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy a co-op!"></smarttip>

6) Is gifting or co-purchasing allowed?

Apartments in NYC are expensive and it is fairly common nowadays for first-time homebuyers to receive some help from a family member when buying their first place. If you expect that you’ll be receiving some funds from family or friends to make your co-op purchase possible, there are two things you will need to do.

First, make sure that the co-op buildings you are looking at allows gifting or co-purchasing. You don’t want to fall in love with an apartment you can’t purchase. Second, if gifting is allowed by the co-op, you will most likely need to document this gift with a letter. To learn more about documenting a gift, check out our blog post “Gift Letter – NYC Buyers Need to Document”. 

If you are planning to purchase a co-op with the assistance of a gift, make sure to mention it to your real estate broker and real estate attorney early in your co-op buying process to ensure you have the proper documentation.

7) Are pets allowed?

Unfortunately, not all co-op buildings are pet friendly. In fact, even if a co-op building allows pets, it may have restrictions on the number, type, and/or size of the pet(s) you are allowed to keep.

Larger co-op buildings typically have set rules that can be confirmed in the co-op by-laws (and some listing agents are pro-active by providing pet rules in the listing information). Smaller or self-managed co-ops may evaluate on a case-by-case basis.

While it may seem surprising, we have even come across some co-op boards that require pet interviews and/or reference letters for pets. Jumping through hoops – literally!

8) How much are coop closing costs in NYC?

When buying a co-op in NYC, buyers should expect to pay about one to two percent of the purchase price, or two to three if the apartment costs $1,000,000 or greater. Closing costs when buying a co-op are much lower than buying a condo in NYC as you are not required to pay mortgage recording tax or purchase title insurance.

Technically when you are purchasing a co-op, you are purchasing shares in the co-op, and therefore do not pay the mortgage recording tax. While it may be possible to purchase a type of title insurance for a co-op, most opt not to buy it.

You can estimate your potential co-op closing costs with Prevu’s interactive NYC closing costs calculator for buyers.

9) Can I get assurance on making post-closing renovations before buying?

The most polite answer is no. While it would be great to know definitively in advance that you'll be able to add a second bathroom or install an in-unit washer and dryer, the majority of co-op boards require board approval for all renovations.

Many co-op boards have alteration policies which clearly define the process for applying for such approval. If you are even remotely considering the idea of renovations down the road, make sure to have your real estate attorney review this policy to avoid any issues that might prevent you from making changes that you couldn't live without.

10) What's included in my monthly co-op maintenance fees?

Your monthly co-op maintenance fees include both your apartment’s common charges relative to your shares in the co-op as well as the applicable pro-rata property taxes. These fees also cover utility bills, the underlying mortgage, staff salaries, and more.

Unlike condos which have separate bills for common charges and the specific tax bill for your condo unit, co-op tax bills are paid to the city by the co-op corporation at the building level. Therefore, you are contributing your portion of the taxes to the corporation.

11) Do I need a buyer's broker when buying a co-op in NYC?

It is always a good idea to have a buyer's broker during an apartment or home purchase in NYC. You want to have a real estate broker that will act as your advocate during every step of the process. This includes offer preparation, comparable analysis, negotiation strategy, and everything else you'll need from offer through closing.

It is especially true when buying a co-op. Given the additional and more rigorous requirements of the co-op board application process, working with a real estate broker dedicated to your interests will increase your chances of being approved by the co-op board. Your NYC agent or broker will help you in the preparation and review of your board application.

12) Do I need a pre-approval to make an offer on a co-op?

If you are planning to purchase a co-op apartment with mortgage financing, it is best practice to secure a pre-approval letter from your lender before considering an offer. Co-op buildings are very strict with financial requirements, therefore sellers are more rigorous with vetting a buyer's qualifications prior to accepting an offer.

Overall, it is always a good idea to be pre-approved when beginning an apartment search to show sellers you are serious and prepared.

13) What debt-to-income ratio is required by co-op boards?

A good rule of thumb is to target a debt-to-income ratio of 25% after closing to avoid any doubt during the co-op application process. Assuming all other financial and liquidity requirements are met, some co-op boards will allow deb-to-income ratios up to 30% but it is less common. To learn more about the topic, check out our Debt-to-Income Ratio - NYC Guide.

14) Why don't co-op listings show square footage?

Square footage measurements are not officially documented in co-op building offering plans as with condo buildings (this relates to the type of ownership for co-ops vs. condos). Rather, any square footage provided for co-ops will be rough approximations and are not reliable for benchmarking value. 

For those co-op listings where the square footage is provided by the owner or listing real estate agent, it should be taken with a grain of salt, since there is no consistent practice employed across the board for measuring interior square footage of co-op apartments.

15) What tips will I get for the co-op board interview?

You've submitted your co-op board application and past the initial review and diligence by the management company. Next up is the NYC co-op board interview, but not to worry. There are tips for the co-op board interview to help you succeed. Whether you or doing an in-person interview, or the more recently adopted virtual interviews via video calls, the best approach is to be yourself. Answer questions honestly and give the basic information to respond to co-op board member inquiries.

16) When will I find out if I am approved by the co-op board?

Formal co-op board approval is communicated by the managing agent. The timing of communication of the board approval will depend on the building, and can occur as soon the next morning after the interview or a week later. A good rule of thumb is to expect a formal answer within a few days.

In some cases, especially with smaller co-ops where you might meet with all of the co-op owners, you may get informal acknowledgement that you will likely be approved at the end of the interview. But expect the natural caveat that formal approvals will be made.

17) How can I make my NYC co-op purchase more affordable?

In addition to choosing a local agent that can help you negotiate the best price possible for your co-op, you should absolutely consider a NYC brokerage that offers commission rebates to help you save when you buy.

Prevu offers the largest commission rebate in NYC. When you buy with Prevu, you receive half of the commission the broker receives for representing you - up to 1.5% of your purchase price. For example, if you purchase a $2,000,000 co-op in NYC with a 3% buyer's broker commission, you could receive up to $30,000 cash back with Prevu's Smart Buyer Rebate.

That's real money - especially when you consider how long it took to save up for your apartment.

Co-op apartments for sale in NYC

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Choosing to buy a home in Seattle is a big step. You’ll be at the center of one of the tech capitals of the world, with Amazon and Facebook maintaining offices in Downtown Seattle. You’ll have access to countless hiking trails and waterfront activities. Plus, you’ll enjoy some of the best coffee in the country. 

Deciding on the perfect neighborhood is fun, but purchasing a new home is a costly transaction. Luckily, you can take advantage of a home buyer rebate to unlock significant savings.

What is a home buyer rebate?

Commission rebates, also known as home buyer rebates or commission refunds, allow homebuyers to receive money back after purchasing a home. Modern brokerages enable these consumer friendly rebates by investing in a tech-forward approach to real estate. 

For example at Prevu, the combination of a digital home buying platform with salaried local agents creates the efficiency for the brokerage to pass along significant savings to buyers.

So, where exactly does the buyer rebate come in?

In a traditional real estate transaction, the seller has a listing broker that represents them. When a buyer purchases a home, that agent receives a hefty 6% commission on the purchase price of that home. If an agent represents the buyer, they receive half of that commission or 3%.  

Prevu’s Smart Buyer Rebate gives homebuyers a commission rebate that is a portion of the buyer’s agent commission they receive for representing buyers.

The modern approach of a commission rebate

The vast majority of homebuyers still use traditional real estate agents. The classic model means the broker is working for a commission. And a lot of these agents will tell homebuyers that it is “free” to be represented.

For the longest time, traditional brokerages have consistently repeated this “half-truth” to homebuyers. But in reality, working with a traditional brokerage as a buyer isn’t free. While you’re not precisely paying your agent directly to represent you when buying a new home, buyers are synthetically paying the fees since they are showing up with all of the money at closing. 

That’s because sellers always consider the commission rates they will have to pay to the agents and thus set their listing price accordingly with the goal of achieving a desired amount of proceeds.

Modern brokerages like Prevu are helping buyers save. In addition, the company hires agents who are experts in their local area. If you’re interested in finding a home in West Seattle, you can rely on curated expertise to help you find a home that’s near the best hiking spots and with a convenient commute to Downtown Seattle.

Prevu agents are also salaried, which means there is no pressure to close a deal. Instead, they will be with you every step of the home buying process, from selecting the perfect neighborhood to handling the complicated paperwork. You can also take advantage of their market knowledge to compare prices of other local homes, so you know the price you’re getting is fair.

Homebuyers can see the potential commission rebate they will receive for every listing on the Prevu platform. Once the purchase is complete, buyers receive their rebate - the largest commission rebate in Seattle. The extra savings can help you offset closing costs, renovate your new home, or buy the perfect outdoor gear for those stunning Seattle area hiking trails.

Commission Rebate in Seattle ($1,700,000 home example)

• Sale Price: $1,700,000
• Seller’s Agent Commission (3% of sale price): $51,000
• Buyer’s Agent Commission (3% of sale price): $51,000
• Home Buyer Rebate: $17,000

Are buyer rebates legal in Seattle, Washington?

Commission rebates are legal in 40 out of 50 states, including Washington. Not only are rebates permitted, but the Department of Justice released an article about buyer rebates and their benefit to home buying. 

Some agents may tell you that giving a buyer a commission rebate to an unlicensed person is a form of payment, making it illegal. However, this is not the case in a real estate transaction where the buyer is purchasing the property and is the one receiving the rebate.

Is a commission rebate taxable income?

Since real estate brokerages cannot offer tax advice, buyers should consult with their accountant regarding the proper treatment of commission rebates given their financial situation.  That said, the IRS shed some light in a 2007 article on whether a home buyer rebate is considered taxable income. 

In short, a commission rebate can be treated as a reduction in a purchaser’s cost basis. This eliminates the requirement for a real estate brokerage to issue a 1099 form to the buyer. 

Interested in buying a home in Seattle? Browse listings and see how much you can save with Prevu.

If you grew up in Brooklyn, you wouldn’t want to live anywhere else. If you just discovered it, you are already in love with it. And if you are planning to trade in that Manhattan apartment but don’t want to move to the suburbs, you likely have your sights set on it.

Considering how much time New Yorkers spend working from their home offices these days, buyers look to Brooklyn as the destination to trade up. The historic section of the city provides residents with spacious parks, tree-lined streets, numerous transportation hubs, and plenty of entertainment options. 

Below our team has compiled a list of the best neighborhoods in Brooklyn, outlining some of the up and coming areas and which ones are among the most expensive neighborhoods in Kings County.

Best Neighborhoods in Brooklyn

• Brooklyn Heights
• Cobble Hill 
• Dumbo
• Park Slope
• Carroll Gardens
• Downtown Brooklyn
• Bedford Stuyvesant 
• Fort Greene / Clinton Hill
• Prospect Heights
• Williamsburg
• Greenpoint 
• Bushwick

Brooklyn Heights

New Yorkers emerging from the 2, 3 train at Clark Street in Brooklyn Heights immediately gaze upon the towering St. George Hotel, tree-lined streets, and serene Federal-style townhouses of Brooklyn Heights. These sleepy streets contain historic mansions, spacious parks, and numerous elite private schools, making Brooklyn Heights one of the best places in Brooklyn for New York buyers. 

The confluence of historic buildings and ease of access to Manhattan make Brooklyn Heights one of the most expensive neighborhoods in Brooklyn. Homeowners looking to swap their Manhattan apartment will find pre-war co-ops, classic brownstones, federal row houses, and even well-preserved wooden houses from the early 1800s nestled on historic Middagh Street. 

Apartment hunters attending open houses in Brooklyn Heights should check out Henry Street, as this main throughway contains boutique stores and storied eateries like the Henry Street Ale House and the Plymouth Cafe. The quaint streets, easy commute, and historic buildings make Brooklyn Heights one of the most sought-after Brooklyn neighborhoods.

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Browse listings for sale in Brooklyn Heights

Cobble Hill

Bordered by Brooklyn Heights to the north and Downtown Brooklyn to the east, Cobble Hill is another storied Kings County neighborhood. Founded by the Dutch in the 1600s, this area remained rural even as Brooklyn Heights to the north underwent rapid development. But once Brooklyn became incorporated as a village, an exodus of Manhattan residents moved to Cobble Hill and changed the rural district into a suburban commuter neighborhood. 

Buyers seeking quiet living in one of the best places to live in Brooklyn can take an F train from Manhattan or a G train from Greenpoint and get off at Bergen Street to attend open houses in Cobble Hill. The neighborhood is close to the hustle and bustle of Downtown Brooklyn, providing residents with access to the Fulton Mall, Barclays Center, and big box stores like Trader Joe’s, Marshall’s, and Michael’s. 

While people can’t go to the movies now, once New York bounces back from the pandemic, new Cobble Hill residents should visit the historic Cobble Hill Cinema on Court Street to take in a movie with some fresh popcorn. New Yorkers should include a trip to Poppy’s on Degraw Street, as the famed bakery sells some of the best cookies in NYC. 

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Browse listings for sale in Cobble Hill

DUMBO

Any New Yorkers that were fans of the TV show Gossip Girl growing up will immediately think of the Humphrey Loft when a Dumbo listing pops up in their search. Down Under the Manhattan Bridge Overpass, called Dumbo by New Yorkers, is arguably the most expensive Brooklyn neighborhood thanks to sweeping views of the Manhattan skyline.

This hidden enclave did not always evoke thoughts of luxury condos and exalted eateries near the East River waterfront. As New York City deindustrialized and the packaged food, coffee, paint, Brillo pad, and cardboard box companies left the area, artists began moving into the neighborhood to take advantage of the cheap loft spaces built in the wake of the industrial past. It is even rumored that the name Dumbo was conceived by the art community to initially stave off development efforts. 

While developers kept away from the district for years, in the 1970’s a developer named David Walentas purchased two million square feet of land in Fulton’s Landing and began a decades-long effort to redevelop Dumbo. Mr. Walentas created a new lease on life for many forgotten buildings. Now, buyers interested in owning a luxury condo will find ample opportunities today at One Main Street, One John Street, 51 Jay Street, as well as newer builds at Front and York or 98 Front Street.

Dumbo is also home to nearly 25% of New York City’s technology firms and has the highest concentration of tech start-ups in one neighborhood. Tech workers coming to Dumbo can find opportunities to create at Etsy, flex their creative marketing knowledge at the digital consultancy HUGE, or invent off-the-grid heating and electricity technology at BioLite. 

Visitors should explore the Time Out Market, snap a photo at the iconic Instagram spot at the corner of Washington Street and Water Street, and visit Jane’s Carousel. This iconic carousel was refurbished by the late Jane Walentas who restored it herself as a gift to the community. 

Once a tech exec lands the job of their dreams and wants to live close to the office,  they can tour the new construction buildings along Front Street. There they will find a confluence of luxury living, arts, business, and leisure, making Dumbo one of the nicer and most expensive neighborhoods of Brooklyn.

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Browse listings for sale in Dumbo

Park Slope

Coined as one of the most desirable neighborhoods in Brooklyn, Park Slope sits on the northwestern edge of Prospect Park, and aspiring buyers will find museums, gardens, townhouses, and more in this quaint section of Kings County. The tree-lined streets house rows of historic brownstones, and as neighborhood explorers get closer to Prospect Park, they will find Victorian mansions built in the 1880s overlooking the expansive park. 

New York City preserved Prospect Park as an outdoor space for all city residents, and soon after, developers constructed rows of iconic Park Slope brownstones, extending the southern reach of the neighborhood. Once the MTA connected Brooklyn with the other boroughs, Park Slope became a working-class neighborhood, with many of the mansions and brownstones subdivided to serve as multi-family units. 

Today, Park Slope is one of the best neighborhoods in Brooklyn to live for New Yorkers, and many tech workers, parents, and other folks call the serene locale home. Homebuyers have a plethora of options when exploring Park Slope and find adventures at the Brooklyn Botanical Gardens, Brooklyn Museum, and the Brooklyn Public Library, in addition to outings in Prospect Park. 

Prospective buyers thinking of purchasing real estate near the green space of Prospect Park can find restaurants, boutiques, and bakeries lining 5th and 7th Avenue which runs north-to-south through the neighborhood.

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Browse listings for sale in Park Slope

Carroll Gardens

Carroll Gardens derives its name from Charles Carroll, an American Revolutionary War leader, signer of the Declaration of Independence, and senator from Maryland. During the Battle of Brooklyn, Carroll sent a regiment of soldiers to disrupt a British encampment, an act that cemented Carroll’s place in history. 

Originally called Carroll Park, developers and real estate tycoons pushed to change the name to Carroll Gardens to woo wealthy New Yorkers from Manhattan to purchase homes in the area. In the 1800s, surveyor Richard Butt designed large brownstones with expansive space, creating the front yard gardens that put Carroll Gardens on the map. 

Today, Carroll Gardens has plenty of boutiques, dance studios, hobby shops like the Brooklyn Strategist, and other quirky outlets aimed at curious kids and adults. Underneath the G and F train tracks, residents can find St. Mary’s Playground and park, offering parents a protected place to let their kids roam free while providing regular residents with a shaded space where they can take in the day. 

Generations of Italian Americans took up shop in Carroll Gardens, and many Italian bakeries and restaurants continue to line the neighborhood streets. New Yorkers coming to Carroll Gardens to attend an open house should allot time to have pizza at Lucali’s and then mosey over to the Mazzola bakery on Union Street for a classic cannoli.

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Browse listings for sale in Carroll Gardens

Downtown Brooklyn

Conveniently located just to the west of Brooklyn Heights across from Cadman Plaza Park, straphangers emerging from the A, C, E, train at High Street will see the skyscraper buildings that characterize the Downtown Brooklyn skyline. When historical societies popped up to curb the construction of towering buildings in Cobble Hill, Carroll Gardens, and Brooklyn Heights, developers eyed Downtown Brooklyn, as the neighborhood sits at the confluence of major transportation hubs for several up-and-coming Brooklyn neighborhoods. 

Today, Downtown Brooklyn is a hub for education, providing a home for New York City College of Technology, Long Island University, St. Francis College, Brooklyn Law School, and the NYU Tandon School of Engineering. 

Condo buyers scouring listings for the best places to live in Brooklyn might have previously passed over Downtown Brooklyn in their search. But that changed in 2007 when New York City rezoned unused office buildings and other undeveloped lots to create new condos and townhouses. 

Brooklyn owners looking for swanky condo living can find high rises on Hoyt Street, Willoughby Street, and Lawrence Street. While buyers give up the historic charm of smaller neighborhoods, these luxury buildings usually come equipped with amenities such as doormen, expansive rooftop gardens and viewing platforms, and private gym facilities. 

Within the next few years, the Downtown Brooklyn skyline will change forever once developers finish construction on the 1,099-foot tall residential skyscraper at 9 DeKalb Avenue, making it the first super-tall building in the borough. 

Plus, with the DeKalb Food Hall and a Trader Joe’s nearby, Downtown Brooklyn residents do not have to travel far to restock the kitchen. The convergence of subway stations in Downtown Brooklyn makes it one of the coolest places in Brooklyn to live as straphangers can access almost all of New York from the A, C, E, 2, 3, 4, 5, B, D, F, and N, Q, R, W train lines. 

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Browse listings for sale in Downtown Brooklyn

Bedford Stuyvesant

To the east of Clinton Hill and north of Prospect Heights, New Yorkers will find Bedford Stuyvesant, historically known for its vibrant African American community dating back to the 1930s. This neighborhood is famous in the hip-hop community with its stature as the birthplace of rap legends The Notorious BIG and Jay Z.

Today, buyers exploring one of the countless landmarked Victorian brownstones built before the 1900s will find perfectly preserved examples of historical detailing such as quoins joining the outside angles of homes together. 

From technology workers to life-long residents, Bed Stuy has a welcoming mix of people living day-to-day in the neighborhood. Buyers visiting Bedford Stuyvesant should explore Bedford Avenue, where they can grab a drink to go at the Do or Dive bar, then check out the mural paying tribute to Biggie Smalls as the King of New York. 

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Browse listings for sale in Bedford Stuyvesant

Fort Greene / Clinton Hill 

Nestled between Downtown Brooklyn to the west and Bed Stuy to the east, the Fort Greene area provides buyers with storied buildings and tree-lined streets, making it one of the attractive Brooklyn neighborhoods to explore for listings. No longer producing ships for the war effort, the Brooklyn Navy Yard to the north houses many modern businesses and includes the newest convenience of a Wegman’s grocery store.

New Yorkers thinking of purchasing a home in this noble neighborhood of Brooklyn are buying a historic real estate close to the campus of the Pratt Institute and St. Joseph’s College. Myrtle Avenue is the main commercial corridor of Fort Greene, where residents have a variety of shops and restaurants to frequent. 

Folks attending open houses should explore Fort Greene Park, then meander over to one of the many restaurants the neighborhood has to offer.

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Browse listings for sale in Fort Greene / Clinton Hill

Prospect Heights

Despite being one of the smallest Brooklyn neighborhoods in size, Prospect Heights has become one of the go-to neighborhoods for Brooklyn buyers. This notable area is bordered by Atlantic Avenue to the north, Grand Army Plaza to the south, Washington Avenue to the east  and Flatbush Ave to the west.  

Prospect Heights offers the perfect array of housing options, including historic townhouses, quaint co-ops, and new luxury condos to fill the desires of every aspiring property owner. Plus, depending on where you live in the neighborhood, there is convenient access to public transportation with the 2,3 at Grand Army Plaza, the C at Clinton & Washington Avenues, and countless subways at Atlantic Terminal near the northwest corner of Prospect Heights.

Vanderbilt Avenue is one of Prospect Heights’ main thoroughfares and welcomes local residents and foodies alike. Ciao Gloria attracts those looking for a morning coffee or fresh made pastry, while Chuko dishes out some of the best ramen in Brooklyn. Then, just one block in on Dean Street is Leland Eating and Drinking House, serving up signature cocktails and delicious bites.

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Browse listings for sale in Prospect Heights

Williamsburg

Viewed as one of the coolest neighborhoods in Brooklyn, Williamsburg provides a housing style for all buyers. The district features vinyl-sided two-story homes on tree-lined streets, but buyers can find their pick of high rise condos situated along the East River as well. What was once a ragtag artist community consisting of haphazard lofts and dive bars has transformed into some of the most sought after real estate in New York City. 

Infamous for creating the hipster scene in Brooklyn, Williamsburg is a wellspring of creativity, not just in art, but in the buildings, community, and food scene, making it one of the best neighborhoods in Brooklyn for foodies. Williamsburg is home to many high-end eateries, and residents will rejoice to know that Michelin Star rated chef Missy Robbins has an Italian restaurant near McCarren Park called Lilia, and another on Kent Avenue called Misi. 

New Yorkers thinking of buying a riverside condo on Kent Avenue or a two-story home off of Bedford Avenue have tons of housing style available to them. Buyers willing to travel farther on the L can venture to the Morgan Avenue stop to visit the infamous McKibbin Lofts. This building used to be a darling of the college community, but now houses spacious luxury lofts for Brooklyn residents. 

But aside from taking in the views from the waterfront, new residents in Williamsburg can lounge out at McCarren Park, or grab a drink at the Brooklyn Brewery. Once the pandemic fades, locals can visit intimate music venues like Pete’s Candy Store, rock out at Brooklyn Steel, or dedicate a day to shopping on Bedford Avenue at Goorin Bros Hat Shop, Apple, or their very own Whole Foods.

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Browse listings for sale in Williamsburg

Greenpoint

Fans of the HBO show Girls will recognize Greenpoint as the home of Hannah and her pals, where they routinely tried to figure out the ebb and flow of life as a young woman living in New York City. Shot on the tree-lined India Street, residents residing in this quiet but vibrant neighborhood used to be able to catch scenes of the show being shot depending on what time of day they returned home from work. 

While Greenpoint today is considered by some to be an upscale, hipster neighborhood featuring high-end boutiques and restaurants on Franklin Street, this region historically served working-class communities. It also continues to house generations of Polish families and some of the best Polish restaurants in New York City.

Many of the original brownstones and row houses of Greenpoint stand today, providing aspiring buyers with opportunities to own historic properties close to the G train. But if a luxury buyer seeks waterfront high rises with easy access to Manhattan, there is a ferry terminal awaiting commuters at the western end of India Street. 

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Browse listings for sale in Greenpoint

Bushwick

Nestled between Bed Stuy to the south and East Williamsburg to the north, Bushwick ballooned in popularity as New Yorkers seeking to live near but not in Williamsburg laid down roots in this historically working-class neighborhood. 

Homebuyers considering moving to this up-and-coming Brooklyn neighborhood can find ample opportunities to purchase one of these historic buildings. But buyers with money to spend can find new-age boutique condo developments all over Bushwick. Glassworks BK, Castlebraid, and Rhinegold Bushwick are situated just off of Myrtle Avenue. 

Buyers attending open houses in Bushwick should take time out to visit Maria Hernandez Park and explore the many coffee shops and restaurants dotting Knickerbocker Avenue. 

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Browse listings for sale in Bushwick

Selling a co-op in NYC can be equally complicated. There are many rules to keep in mind, detailed choices to make that will be affected by the co-op board’s guidelines, and plenty of prep work to complete before you can hand over the keys to your co-op and enjoy the proceeds.

The key to navigating this process involves careful organization, the guidance of a professional real estate agent, and being on top of every step that comes with selling your New York City co-op apartment.

While the process may seem daunting initially, sellers will realize that a successful co-op sale depends largely on how organized you are. That’s where we come in.

Below, our team from Prevu Real Estate will carefully outline the step-by-step process for selling your coop in NYC, including what you should focus on early, what you should be aware of as you prepare to examine offers, and everything you should know about the closing process.

Steps to selling a co-op in NYC

• Prepare the co-op for sale
• Re-acquaint yourself with building rules
• Get ready to list your co-op
• Be flexible
• Evaluate offers
• Complete the contract process
• Endure the board application process
• Prepare for closing

Prepare the co-op for sale

The intricacies of NYC's co-op market almost demand the expertise of a seasoned real estate agent. 

A professional agent becomes invaluable when selling a co-op in NYC, offering guidance through the maze of co-op board requirements, market trends, and pricing strategies essential for a successful sale. 

Equally important is to hire a real estate attorney experienced with co-ops, ensuring the legalities of your sale are meticulously handled, from navigating co-op board regulations to preparing and submitting all necessary documentation accurately.

Once you have your team, it’s time to look at the co-op itself. 

Ideally, you’ll sign a listing agreement and list your unit in the best condition possible. This involves checking every appliance, fixture, and minor detail that needs to be replaced or fixed. It may involve some investment but may result in a higher listing price, so consider what your budget can allow. 

Decluttering and depersonalizing the space comes next. You want potential buyers to visualize the living space as their own. Make the space more neutral by removing personal items and excess belongings and focusing on highlighting the co-op's best features, such as lighting or views.

Finally, start getting organized with all the necessary paperwork. These may be floor plans, the title and deed, and the co-op board’s building regulations. The key to navigating this stage is working closely with your agent. They’ll help keep you organized and on top of what you need to prepare to ensure a successful and quick sale.  

<smarttip text="Looking to upgrade to a bigger apartment in NYC this year? You can save thousands on the purchase of your next place with Prevu's Smart Buyer Rebate. New Yorkers receive an average of $23,000 back when they buy with Prevu." cta_url="https://www.prevu.com/buyer" cta_text="Learn how to save when you buy"></smarttip>

Re-acquaint yourself with building rules

NYC’s co-op boards and building rules can be hard to navigate, even if you’ve lived there for years. Rules can change, and being on top of it all, especially when you’re about to sell your co-op, can be a nightmare if you don’t prepare beforehand. 

Leverage your agent’s knowledge and revisit the co-op's governing documents, such as the bylaws, proprietary lease, and house rules, to ensure compliance with all regulations and understand any restrictions that might impact the sale of your unit.

The co-op board's rules can significantly influence various aspects of the sale process, from the approval of marketing materials and open house guidelines to potential buyers' qualifications and approval process. For instance, some co-op boards may have specific rules regarding the sale process, such as requiring board approval for listings or setting conditions for showing the unit to prospective buyers. Understanding these rules upfront can help you and your agent craft a sales strategy that aligns with the co-op's requirements, avoiding potential delays or complications.

Additionally, it’s crucial to familiarize yourself with the co-op's financial health, ongoing litigation, and upcoming assessments or significant capital improvements. This information is vital for accurately representing the apartment to potential buyers and preparing the board package that buyers will submit for approval. A well-prepared package that addresses all the co-op board's concerns and requirements can significantly smooth the approval process for your buyer.

Get ready to list your co-op

The listing step is when things start getting more exciting - and hectic. 

Hopefully, by now, you’d have decluttered and refreshed your co-op so it’s ready to be shown off to potential buyers. The first thing you should be thinking about here is a professional photographer. The first impression buyers will have of your place is the photos they will see on the listing - especially if dealing with a multi-million dollar co-op unit. Ensuring they are professionally done and highlighting the best your co-op has to offer is essential to making sure those offers start trickling in.

If you haven’t done so yet, consider going through your co-op with your agent to identify any repairs or updates that could enhance its appeal. Once that’s set, invest some time into staging the space. Working with a professional will help make the most of this, as it may have a significant impact on potential buyers’ first impressions. 

Once that’s all set, start strategizing on pricing and marketing with your real estate agent.

Working closely with your broker to determine a competitive yet realistic listing price is vital. Your agent's expertise in the local market and understanding of current trends will be instrumental in setting a price that attracts interest while ensuring you achieve the best possible return on your investment. 

Preparing to list your co-op also means preparing yourself for the sale process, from showings and negotiations to the intricacies of the co-op board approval process for potential buyers. Ensuring you're ready to engage with this process, with the support of your chosen professionals, will contribute significantly to a smooth and successful sale.

Be flexible

Flexibility, particularly regarding move-in dates, showings, and open houses, can make your space more appealing to a broader range of potential buyers and facilitate a smoother sale process.

Being flexible with move-in dates can be a significant advantage. Buyers often have specific timelines due to their selling circumstances, lease expirations, or personal reasons. By accommodating their schedule within reason, you not only broaden the pool of potential buyers but also foster goodwill, which can be beneficial during negotiations. A willingness to adjust the move-in date to suit the buyer's needs might just be the deciding factor that prompts an offer.

Similarly, flexibility in scheduling showings and open houses is crucial. 

The more accessible your co-op is for viewing, the quicker the likelihood of finding a buyer. Understandably, maintaining constant readiness for showings can be challenging, especially if you're still living in the co-op. However, accommodating potential buyers' schedules, including evenings and weekends, ensures that those considering your co-op can see it in person. This openness can dramatically increase the chances of receiving offers.

Evaluate offers

After all the effort put into preparing and listing your apartment, receiving offers can be exciting and daunting. This step is about more than just the numbers; it's about assessing each offer's overall strength and viability to ensure a smooth transition to closing.

Firstly, consider the financial aspects of each offer, but look beyond just the offer price. Examine the buyer's proposed down payment, financing arrangements, and any contingencies that may affect the sale's progression. Offers with higher down payments and pre-approved financing can often indicate a more serious and financially stable buyer, potentially leading to a smoother sale process.

However, the financial package is just one component. In the unique context of selling a co-op in NYC, the buyer's ability to gain approval from the co-op board is equally crucial. Work closely with your broker to glean as much information as possible about the buyer’s background - profession, education, intended use of home, and post closing liquidity -  to help guide the application process toward success. 

Flexibility and timelines also play a significant role in evaluating offers. Some buyers may propose a faster closing timeline, which could be beneficial if you're in a hurry to sell. Conversely, others might request a more extended closing period, which could be advantageous if you need more time to relocate. Additionally, consider any contingencies attached to the offers, as these can introduce uncertainty and delay in the process.

Your broker will be the most essential tool in your arsenal to navigate this step. Their insight into the market and experience with co-op sales can provide valuable perspectives on the strengths and weaknesses of each offer. Moreover, your agent can facilitate negotiations to address any concerns with an offer, such as adjusting the sale price, changing the closing date, or working through the buyer’s application to ensure it will shine when reviewed by the co-op board.

Complete the contract process

Once you accept an offer, you enter into the contract phase of the transaction. 

During this period, the buyer, often with the aid of their attorney, meticulously reviews the co-op’s financial statements, bylaws, and other pertinent documents. This review aims to uncover potential issues that could affect the buyer’s decision to purchase.

Simultaneously, the buyer’s attorney will review the sales agreement prepared by your seller's attorney to ensure everyone is on the same page and satisfied with the outlined terms.

The contract process typically follows a structured path. After the offer is accepted and due diligence is done, adjustments or negotiations on specific terms might arise. These could involve repairs, closing dates, or other contingencies that need resolution before moving forward. 

Once both parties agree on these revised terms, they sign the contract, which solidifies the buyer's intent to purchase and the seller's intent to sell the unit under agreed conditions, and a contract deposit from the buyer is placed in escrow with the seller's attorney.

Endure the board application process

The board application process starts once the sales contract is signed. The buyer must typically submit their application to the co-op board within a set period, but this depends on each unique scenario. 

For cash transactions, the application is often submitted within ten days of contract signing. For financed transactions, the application submission is usually three days from receipt of the loan commitment letter. The timeframes are contract-dependent, so always work closely with your attorney to confirm them. 

This application includes a range of documents, from financial disclosures to personal letters of recommendation, all aimed at painting a comprehensive picture of the buyer's background, financial stability, and character.

Some sellers may remember their personal experiences when applying for co-op board approval. Recalling what made your application successful, including detailed personal reference letters or a well-crafted cover letter, can help the buyer shape a more compelling application. These insights can be critical in ensuring the application is as robust as possible.

Additionally, the role of the real estate agent in this process is crucial. An experienced agent who understands the nuances of co-op board expectations can review and fine-tune the application before submission. They can advise on the strategic inclusion of personal letters highlighting community involvement or professional stability or on structuring the financial statements to meet the specific scrutiny typical of co-op boards and their board interview.

Prepare for closing

Once the co-op board grants approval, the process advances toward completion, starting with securing clearance to close. This critical approval signifies that all financing is in place and the lender is prepared to release the funds necessary for the transaction. It's essential that this step is confirmed to avoid any last-minute hitches that could delay or derail the closing.

Another important step is the buyer's final walk through. This is typically done a day or two before the closing to ensure that the apartment is in the agreed-upon condition and that no new issues have arisen since the inspection. 

Additionally, understanding the closing costs—which can include city and state transfer taxes, attorney fees, co-op flip tax, and other administrative fees—is crucial for both parties to ensure all financial responsibilities are clear.

The final closing meeting may then involve the buyer, the seller, and their respective attorneys. During this meeting, final documents are signed, funds are transferred, co-op stock certificate is presented, and the buyer officially takes ownership of the co-op. 

Each party needs to be fully prepared with all necessary documents and payments to ensure a smooth and efficient closing process; sellers should also remember to collect all keys to pass on to the buyer and ensure all utilities are closed out.

Interested in selling your co-op in NYC? Learn how you can save thousands on commission with Prevu.

Believe it or not, there are still neighborhoods where you can find a great home and stay connected to everything that makes the city so special.

Finding affordability in Seattle isn’t just about chasing the lowest price tag—it’s about striking the right balance between value and lifestyle. After all, what good is a bargain if you’re spending two hours commuting or feeling disconnected from the vibrancy of city life? 

The neighborhoods we’re about to explore offer something better: homes that are easier on the wallet without asking you to sacrifice convenience, culture, or community spirit.

Below, we’ve put together the essential guide to Seattle’s most affordable neighborhoods for all aspiring buyers, whether you’re a first-time homeowner eager to plant roots, a growing family searching for more approachable prices, or simply someone determined to stay close to the action without stretching your budget to the limit.

Most affordable neighborhoods to live in Seattle

• Beacon Hill
• Northgate
• Rainier Valley
• West Seattle
• Bitter Lake
• Greenwood
• Lake City
• Brighton
• Arbor Heights
• South Park

Beacon Hill

Perched just southeast of downtown Seattle, Beacon Hill strikes a rare balance: it’s close enough to the action for an easy commute but tucked away enough to maintain a quieter, community-driven vibe. 

Beacon Hill is a vibrant neighborhood historically known for its cultural diversity and deep roots in Seattle’s immigrant communities. 

The iconic Pacific Medical Center (which once served as Amazon’s HQ for ten years) is perched atop the neighborhood’s namesake hill and looks out over tree-lined streets, modest bungalows, and mid-century homes that still come at far more accessible prices than you’ll find just a few miles north in Capitol Hill or Queen Anne.

One of Beacon Hill’s standout features is its unbeatable access to green space. Jefferson Park—one of Seattle’s largest parks—is a centerpiece here, offering sweeping city and mountain views, a golf course, playgrounds, sports fields, and even a skatepark. On a sunny afternoon, you'll find locals picnicking, running trails, or flying kites against the backdrop of Rainier’s snowy peak. 

The Beacon Food Forest, an urban farming project just west of the park, adds another layer of community spirit. It offers public garden spaces where neighbors can literally grow (and share) their own produce. This mix of urban accessibility and earthy charm gives Beacon Hill its unique rhythm.

Real estate here tends to skew heavily toward charming single-family homes, particularly early 20th-century Craftsman bungalows, mid-century ramblers, and modest post-war cottages. Many properties boast generous backyards—a rare treat within Seattle city limits—and quiet, leafy streets that feel worlds away from downtown’s bustle. 

In recent years, townhomes and a few newer condo developments have started popping up near Light Rail stations, offering buyers additional options at a relatively affordable price point. 

Foodies will feel right at home here, too. Beacon Avenue, the neighborhood’s main artery, is dotted with low-key treasures like Musang, a beloved Filipino-American restaurant that is entirely community-driven, and Bar del Corso, a cozy pizzeria serving wood-fired Neapolitan pies that are worth every second of the wait. Local coffee shops like The Station aren’t just caffeine stops—they double as community hubs where art shows, poetry nights, and grassroots activism brew right alongside your latte. 

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Northgate

Once known primarily for its practical suburban layout and sprawling shopping mall, Northgate has quietly evolved into one of Seattle’s most exciting neighborhoods. 

Fueled by the expansion of the Northgate Link Light Rail station, the arrival of the state-of-the-art Kraken Community Iceplex, and a major reimagining of its urban core, Northgate is shedding its old reputation and stepping confidently into the spotlight. Here, buyers will find an irresistible blend of accessibility, new development, and relative affordability—an increasingly rare combination in Seattle’s competitive housing market.

At its heart, Northgate is all about accessibility and evolution. The new Link Light Rail extension means you can hop on a train and be downtown in less than 15 minutes—a game-changer for commuters and adventurers alike. The former Northgate Mall area is being reimagined as a walkable urban village, with apartments, shops, and public plazas taking the place of dated department stores. 

Plus, nature lovers aren’t left out: nearby Thornton Creek Park and Licorice Fern Natural Area offer little green escapes right in the middle of the bustle. Whether you're craving a Saturday morning at the Iceplex café, a Target run, or a quiet afternoon stroll through tree-lined trails, Northgate blends suburban convenience with urban energy in a way few other Seattle neighborhoods can match.

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Rainier Valley

Rainier Valley has long been celebrated for its cultural vibrancy, rich history, and authentic Seattle spirit. It’s a place where Ethiopian cafés, Vietnamese bakeries, and neighborhood parks weave together into a daily rhythm that feels as colorful as it is welcoming. 

There’s also a wealth of hidden gems to discover. Columbia City, one of Rainier Valley’s best-known sub-neighborhoods, is home to a charming downtown with indie shops, bookstores, and farm-to-table restaurants. 

Commuting is a breeze, too: the Link Light Rail runs directly through Rainier Valley with multiple stations (Columbia City, Othello, Rainier Beach), offering quick and stress-free access to downtown, Sea-Tac Airport, and the University of Washington. Seward Park’s lakeside trails and old-growth forest are just a few minutes away for those craving a nature fix after work.

Regarding housing, Rainier Valley offers an eclectic mix that reflects its layered history. Buyers will find charming early 1900s Craftsman homes, mid-century ramblers, and an increasing number of newly built townhomes and small apartment-style condos, especially near Light Rail stops like Columbia City, Othello, and Rainier Beach. 

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West Seattle

West Seattle often feels like a city within a city—close enough to downtown for a quick commute, yet removed enough to boast its own laid-back, beachy character. 

With sweeping views of Puget Sound, relaxed residential streets, and easygoing commercial hubs, West Seattle offers buyers a chance to enjoy classic Seattle charm without the sky-high price tags found in neighborhoods like Queen Anne or Capitol Hill. 

Even after the challenges caused by the West Seattle Bridge closure (which, thankfully, has been fully repaired and reopened), this part of town has held its appeal thanks to its strong sense of community, outdoor beauty, and—yes—more reasonable real estate options.

One of West Seattle’s greatest lifestyle perks is Alki Beach, a bustling waterfront promenade perfect for rollerblading, cycling, or simply grabbing a coffee at Ampersand Cafe while watching the ferries drift by. 

The Junction (specifically Alaska Junction) is the neighborhood’s beating heart, packed with locally beloved spots like Bakery Nouveau (a must-visit for croissant lovers) and Elliott Bay Brewery. Lincoln Park offers forested trails and saltwater swimming pools right along the coast, giving locals a daily dose of the outdoors without ever leaving their backyard. 

Real estate in West Seattle spans a wide range—from classic 1920s Craftsman homes tucked along leafy streets to newer townhome developments and waterfront condos with front-row views of sunsets over the Sound. Sub-neighborhoods like Arbor Heights (which we cover in detail further below) offer affordable single-family options, while areas like Admiral and North Delridge provide more urban-style living with condos and duplexes. 

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Bitter Lake

At first glance, Bitter Lake feels a little like a suburban pocket within city limits. 

The centerpiece, of course, is Bitter Lake itself, a tranquil spot perfect for paddleboarding, fishing, or simply enjoying the reflective calm of the water on a Saturday afternoon. Bitter Lake Park and the adjacent community center anchor the neighborhood’s recreational life, offering everything from tennis courts to art classes. 

Eateries and coffee shops are scattered throughout, with local gems like LUX Coffee Co. offering the perfect caffeine fix before a morning stroll. Commuting from Bitter Lake is surprisingly convenient: Aurora Avenue (Highway 99) runs directly south into downtown, and multiple bus lines (including RapidRide E) keep public transit easy and reliable for daily commuters.

Real estate in Bitter Lake tends to cater to buyers looking for a little more breathing room at a gentler price point.

You'll find a mix of mid-century single-family homes with larger lots than you’d expect this close to the city center and newer townhome developments catering to first-time buyers. 

Condo seekers can also score solid options around Linden Avenue North, often priced much lower than comparable units in trendier neighborhoods to the south. 

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Greenwood

Sitting just north of Phinney Ridge, Greenwood strikes that rare balance between urban convenience and relaxed, small-town charm. 

Spend a Saturday afternoon wandering along Greenwood Avenue North and you’ll see exactly why locals love it—indie coffee shops, colorful boutiques, and beloved haunts like Coyle’s Bakeshop, famous for buttery pastries that draw lines out the door. 

One of Greenwood’s biggest advantages is how seamlessly it connects to the rest of the city. With direct bus lines like the RapidRide E Line and easy access to Highway 99, getting downtown, to South Lake Union, or even up to Shoreline is a quick and straightforward trip. This makes it an appealing option not just for buyers prioritizing budget, but also for anyone who doesn’t want to sacrifice an easy commute. 

Greenwood is also a sweet spot between older charm and new convenience. The neighborhood is sprinkled with classic 1920s Craftsman homes, many lovingly updated but still showing off their original details like leaded glass windows and wide front porches. At the same time, a wave of modern townhomes and boutique condo buildings has quietly expanded the options for first-time buyers who want newer construction without the downtown price tag. 

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Lake City

Once thought of as a sleepy suburban outpost, Lake City today blends old-school Seattle charm with just enough urban edge to keep things interesting. 

One of Lake City’s biggest selling points is the breathing room it offers. Compared to denser central neighborhoods, here you’ll find larger lots, a broader selection of single-family homes, and a more relaxed pace of life—without losing touch with the city’s energy. 

Parks like Virgil Flaim Park and Meadowbrook Pond add a welcome splash of green, offering spaces for picnics, play, or peaceful weekend walks. Meanwhile, commuting downtown is easier than you might expect: RapidRide bus lines and quick connections to Interstate 5 mean you can be in the city's heart in about 20 minutes—less if you time it right and dodge the rush hour squeeze.

Real estate in Lake City has evolved alongside the neighborhood itself. 

Post-war ramblers and modest Craftsman-style homes dominate the quieter streets, many offering more square footage than you'd typically snag at the same price closer to downtown. In recent years, townhome developments and a few low-rise condo communities have added extra options for buyers seeking affordability with modern finishes. 

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Brighton

Nestled in South Seattle between Rainier Valley and Seward Park, Brighton offers a homey, unpretentious vibe that feels worlds away from downtown’s hustle, yet keeps you surprisingly well connected to it. 

Residents love the blend of established community ties, family-owned businesses, and green pockets like Brighton Playfield—a sprawling community park that’s perfect for soccer matches, playground afternoons, or lazy picnics under towering trees.

One of Brighton’s greatest assets is its accessibility. The Othello Light Rail station sits just a stone’s throw away, providing an easy 20-minute ride straight into downtown Seattle or a quick trip south to Sea-Tac Airport. Major arterial roads like Martin Luther King Jr. Way also crisscross the neighborhood, making commuting by car equally convenient. 

Real estate in Brighton reflects its no-fuss, quietly charming character. Most of the housing stock here consists of mid-century single-family homes, often with larger yards than you’d expect so close to the city center. 

Some newer townhome projects have started to pop up near the Light Rail station corridors, offering buyers more modern housing options, as well.

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Arbor Heights

Tucked into the southwestern corner of West Seattle, Arbor Heights feels like a quieter, residential cousin to busier neighborhoods like Alki or the Junction and deserves a presentation all on its own. 

Life here moves at a more relaxed pace—casual strolls around the neighborhood often mean enjoying views of the Puget Sound and grabbing a delicious coffee at The Birdhouse. 

While Arbor Heights may feel further removed from the busier parts of West Seattle, it’s not cut off. 

Downtown is still within reach—about a 20-30 minute drive depending on traffic—with the recently reopened West Seattle Bridge making the commute smoother than it’s been in years. Bus routes connect the neighborhood to transit hubs like the Fauntleroy ferry terminal and the Water Taxi for those who prefer a scenic start to the workday. Lincoln Park, one of West Seattle’s most beloved green spaces, sits just minutes away, offering waterfront trails, saltwater swimming, and endless sunset views to cap off any evening.

In terms of housing, Arbor Heights leans heavily into the single-family dream. You’ll find charming mid-century homes, ramblers with generous yards, and newer custom builds, often at more approachable prices than properties closer to the heart of West Seattle.

Lot sizes here tend to be larger, giving homeowners space for gardens, play areas, or future expansions—luxuries that are becoming harder to find elsewhere in the city. 

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South Park

Historically, South Park was known as a working-class neighborhood with deep agricultural and industrial roots. Today, South Park is one of Seattle’s most creative and tight-knit communities. 

It’s not polished and glossy like some other areas, but that’s part of its rough-around-the-edges charm. Public art dots the streets, colorful murals brighten building walls, and local businesses add to the area's neighborly feel. And while it might feel tucked away, it’s surprisingly connected: downtown Seattle is just a quick fifteen-minute drive away via the South Park Bridge or Highway 509.

Affordability is still one of South Park’s biggest draws. Single-family homes—many of them modest bungalows, early-20th-century farmhouses, and newer townhomes—line the neighborhood’s quieter streets. 

Yards are a common sight here, perfect for backyard gardens, pets, or weekend barbecues. Buyers who move to South Park tend to stay a while, drawn by the genuine sense of neighborhood pride and the creative spirit that courses through local events like the South Park Arts Tour. 

Life in South Park often revolves around its small but lively commercial core. 

Along 14th Avenue South, you’ll find art galleries tucked into old storefronts, and corner markets that double as neighborhood gathering spots. 

For outdoor enthusiasts, South Park's namesake riverfront park provides kayaking access, green spaces, and a front-row seat to some of the best sunset views over the Duwamish. 

Interested in buying a home in Seattle? Browse listings in your favorite neighborhood and see how you can save with Prevu’s Smart Buyer Rebate.

When it comes to real estate transactions, buyers and sellers can benefit from preparing for the finish line early.

Closing costs are an expensive final hurdle for both parties, but careful planning and budgeting can help turn an unpleasant surprise into a routine part of the real estate transaction.

For buyers, it’s all about researching what they may be responsible for and budgeting appropriately. For sellers, finding the right listing agent that won’t break the bank is crucial, as agent commissions are one of the costliest closing costs for those selling their property.

Below, the team from Prevu Real Estate breaks down the most common and crucial closing costs you need to know and prepare for, including how to estimate them, what the average cost is, and how to potentially pay less.

What are real estate closing costs in New Jersey?

Buyer closing costs in New Jersey

• Loan origination fee
• Appraisal fee
• Escrow fee
• Title insurance
• Title search fee
• Recording fee
• Attorney fees (if applicable)
• Home inspection fee

A significant part of buyer closing costs is the down payment, which can greatly impact the total expenses associated with purchasing a home. Additionally, there are closing cost assistance programs available in New Jersey, such as those provided by the New Jersey Housing and Mortgage Finance Agency, which can benefit first-time homebuyers by reducing their closing costs.

Seller closing costs in New Jersey

• Real estate agent commission / Realtor fees
• Transfer tax
• Outstanding liens or judgments (if applicable)
• Title insurance
• Home warranty (if applicable)
• Attorney fees (if applicable)
• Escrow fees
• Property taxes
• Home repairs (if negotiated with the buyer)

How much are the average closing costs in New Jersey?

How to estimate closing costs in NJ

Estimating closing costs in New Jersey can be complex, given the various charges and the variability of some of these costs. Working with your mortgage broker and real estate agent is a crucial step during the estimating process; you can leverage their experience with these transactions to zero in on your specific situation and get the most accurate estimate possible.

Start by identifying the fixed costs, such as the real estate agent's commission if you're a seller or loan origination fees if you're a buyer. For costs that depend on the property's value, such as title insurance or transfer taxes, a percentage of the property's price can be used for a rough estimate.

It's always a good idea to overestimate to cover unexpected expenses post closing as well, but remember that these are only estimates, and actual costs can vary.

How much is transfer tax in NJ?

One of the most expensive closing costs sellers will face in NJ besides real estate commission fees is transfer tax.

Each state has different rules and regulations when it comes to real estate transfer tax and New Jersey is no different. In terms of a ballpark estimate, most sellers should anticipate to pay 0.85% of their home’s sale price in transfer tax, on average.

That number can change depending on the overall value of the property; the more expensive the property is, the greater the likelihood of paying a higher transfer tax. The State of New Jersey outlines specific rates per every $500 of a property’s value; if we go back to our earlier example of an $800,000 home, the rate would be $5.30 per $500 of transaction value. That means you can expect to pay about $8,480 in transfer tax.

However, sellers should be aware of any exemptions that may be available to them, such as a transfer of property between husband and wife, or parent and child. You can find more information about realty transfer fees at the NJ Division of Taxation website. 

Transfer Tax Rates in New Jersey

• $0 to $150,000: $2.90 tax per $500 
• $150,000 to $200,000: $4.25 tax per $500
• $200,000 to $550,000: $4.80 tax per $500
• $550,000 to $850,000: $5.30 tax per $500
• $850,000 to $1,000,000: $5.80 of tax per $500
• $1,000,000 or greater: $6.05 tax per 500

How to offset closing costs in NJ

Yet, many homebuyers fall in love with the quiet suburban enclaves surrounding this massive metroplex. Homes sit on larger plots of land, many suburbs have robust job markets, and outdoor and indoor recreation is just minutes away, depending on where you look for a house. 

To give buyers a lay of the land, we've compiled a list of the best Dallas suburbs.

Best Suburbs of Dallas, TX

• Plano
• Frisco 
• Wylie 
• Allen 
• Richardson
• DeSoto 
• Cedar Hill 
• Mansfield 

Plano

Plano is a top choice for homebuyers who want to live within reach of Dallas. President George Bush Turnpike borders Plano to the south and the Sam Rayburn Tollway to the north. 

Plano boasts numerous shopping centers, offering residents various retail options without the hassle of commercial traffic infiltrating residential neighborhoods. Designed in a grid format, commercial hubs strategically dot key intersections. This way, neighborhoods like Post Oak Estates and Preston Springs are thoughtfully laid out to prevent traffic jams in residential areas. 

Notable centers include the expansive shopping destination at Independence Parkway and Parker Road and another hub to the west at Parker and Coit Road. 

This is a wonderful city to live in, as Plano's residential landscape offers a small town feel. Homes are set back on generous plots of land, often featuring spacious yards. The architectural diversity is notable, with a prevalence of Colonial and Ranch designs. In the historic district of Old Town Plano, charming Victorian homes like the Ammie Wilson House, complete with inviting wraparound porches, add a touch of classic elegance.

A distinctive feature of Plano is its claim as the Balloon Capital of Texas. Annually, in September, the city hosts a spectacular hot-air balloon festival, painting the sky with a myriad of colors as these balloons take flight.

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Frisco 

Frisco, Texas, is one of the fastest-growing cities in the U.S., as it is close to Dallas and Fort Worth and has a sizable corporate presence of its own. 

Frisco's allure goes beyond economic prospects; it is a haven for sports enthusiasts and entertainment seekers. The crown jewel is undoubtedly The Star, the iconic headquarters of the Dallas Cowboys. This multifaceted complex is a mecca for football fans and a hub of entertainment, dining, and shopping experiences. 

Video game fans will love the National Video Game Museum, which showcases digital gaming from Atari to modern e-sports. Folks who love to catch a game of soccer will love Frisco as it's the home of Toyota Stadium, where the FC Dallas professional soccer team plays their home games. 

Commuting from Frisco to Dallas is a breeze, thanks to well-planned and efficient transportation options. Folks who need to hear into Dallas for work can use the Dallas North Tollway to enter the city's heart. Regarding getting around town, Main Street cuts east to west through Frisco, with several branching roads taking drivers north or south. 

Frisco's real estate market features charming older homes with classic architectural styles and modern developments with cutting-edge designs and amenities. Major roads and highway service roads are separate master-planned communities from each other, creating plenty of commercial corridors where locals can find plenty of shops and restaurants. 

Regarding condos and townhomes, a few communities are clustered near the Dallas Parkway, like the Bell Frisco Market Center Apartments near the Frisco Market Center and Frisco Square shopping centers. 

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Wylie 

Since Dallas is in the North Texas region, there are few opportunities to get out on the open water. But if you move to Wylie, northwest of Dallas, you can live close to the shores of Lavon Lake and Lake Ray Hubbard. 

Homes here range from traditional townhomes in managed communities to single-family homes on large plots of land. There are also chances to purchase modern new construction homes, too. 

This blissful city is just a bedroom suburb of Dallas, offering locals a commute of about 30 minutes to the City Center District. South State Highway 78 is the town's main route towards Garfield and Dallas. The road is also where folks can find quick service restaurants, smatterings of shopping outlets, and grocery stores. On E Farm to Market 544 Road, shoppers can find a T.J. Maxx, Target, and a Kroger supermarket. The B&B Theatres Wylie 12 is right near here as well. 

While there are no homes directly on Lavon Lake, many boaters and anglers dock their vessel at the Collin Park Marina, which has two slips and a boat ramp. 

To the south on Lake Ray Hubbard, there are homes right on the shores of the lake, some of which come with private docks. But not everyone moving to Wylie wants to get out on the water. If you're a fan of hitting the links, you'll love the Woodbridge Golf Club, which is open to the public. 

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Allen 

You'll find the city of Allen on the northwestern outskirts of Dallas. This community offers diverse housing options and plenty of retail and dining. 

The Allen Premium Outlets beckon savvy shoppers with designer brands like Coach, Nike, and Fossil. Watters Creek Village offers an outdoor mall to the south with plenty of shopping and down-to-eat eateries like Beaubeaux's Bourbon & Biscuits. 

What sets Allen apart is its commitment to community spirit through engaging events and festivals. From the dazzling fireworks of the Market Street Allen USA Celebration in the summer to the culturally enriching Allen Arts Festival, these gatherings foster fun experiences, bringing the community together.

When it comes to exploring homes, there is a rich tapestry of styles to choose from. Allen has charming neighborhoods like Watters Crossing and Twin Creeks, where classic suburban homes coexist with modern developments featuring sleek designs. For instance, you can find apartments for sale in Settler's Gate, which is surrounded by a neighborhood of single-family homes. 

Allen's strategic location ensures convenient commuting to Dallas and the Dallas/Fort Worth International Airport. Folks can take US-75 South to head towards Dallas, while the Sam Rayburn Tollway provides a clear route to DFW.

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Richardson

Part of the beauty of Dallas is that businesses are not centralized in any one area. 

Even in the suburbs, you can find thriving industrial parks filled with innovating tech firms. One such area is Richardson, Texas. Located just south of Plano, this small city is known to locals as "Telecom Corridor." 

Over the years, Richardson became a hub for technology and telecom companies, making it a top choice for professionals seeking a thriving tech environment. The intersection of US-75 and East Campbell Road is where you can find firms like Reverent Technologies, Nemo IT Solutions, BBTech Solutions, and other tech and telecom providers. 

Part of the reason so many firms call Richardson home is because the city is home to the highly rated University of Texas at Dallas. As such, many graduates stay here for work and become young professionals. 

Golf is a popular pastime in Richardson, as there are two courses for locals to explore. Sherrill Park Golf Course is east of the Telecom Corridor and is open to public play. Canyon Creek Country Club is a private course on the western side of US-75, offering a pristine course where members can find solitude on the links. To the northwest is the expansive Firewheel Golf Park, which has three distinctive courses for golfers to explore. 

When folks aren’t on the links, you can find them at the Charles W. Eisemann Center for Performing Arts Center, which hosts concerts, ballet, and other performances throughout the year. 

Like other Dallas suburbs, commercial corridors separate neighborhoods from one another, making sure the streets remain free of truck traffic. Many homes here are single-story, with a connected garage. But there are opportunities to find unique takes on modern homes and properties surrounding one of the many golf courses. 

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DeSoto 

To the south of Dallas, homebuyers will find the quiet streets of DeSoto. Despite being less than 20 miles from Downtown Dallas, this small city offers a calm alternative to the busy suburbs north of Dallas. Many areas here are still under development, which means new construction homes are aplenty. 

Areas like Windmill Hill and Briarwood provide an array of housing options, from cozy single-story homes to larger mansions right near the Paul S. Dryer Nature Preserve At Windmill Hill. 

DeSoto offers locals large green spaces to unwind after work, unlike other Dallas suburbs. Several creeks wind through DeSoto, and lush thickets of trees and protected space surround these vibrant areas. Yet not all natural areas here are forests. The Thortree Golf Club offers tee times to anyone looking to hit the links after a long week in the office. 

One of the most popular locales is the DeSoto Town Center on Pleasant Run Road. This is where you can find the city hall, local recreation center, the public library, and an outdoor amphitheater. 

DeSoto provides convenient access to major highways like I-35E. I-35E connects to Route 20, making trips to Fort Worth much easier. Plus, many big box retailers are positioned on the I-35, from Home Depot to Walmart to familiar quick-service chains like Starbucks and Outback Steakhouse. 

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Cedar Hill 

Cedar Hill stands out from most Dallas suburbs because of its stretches of forest and marshland blended with suburban living. 

The Cedar Hill State Park, nestled around Joe Pool Lake, provides residents with opportunities for outdoor activities such as hiking, fishing, and camping. The Dogwood Canyon Audubon Center is another popular haunt where visitors can explore the native flora and fauna. 

When folks are not exploring nature, you can find them at Historic Downtown Cedar Hill. Phat Girlz BBQ & Catering is a local favorite here, and many will stop in for a BBQ plate before heading off to the nearby Hillside Village Shopping Center.

Due to the unique landscape, Cedar Hill offers a variety of housing options catering to different preferences. You can find single-family ranch homes in established neighborhoods and newer developments with modern designs. Neighborhoods like Lake Ridge and High Pointe showcase the diversity of housing choices available, such as post-modern mansions on hilltops overlooking Joe Pool Lake.

While Cedar Hill maintains a peaceful suburban atmosphere, it is conveniently located near major highways like U.S. Route 67. It offers easy access to downtown Dallas and other parts of the DFW metroplex. 

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Mansfield 

As you start to head west of Dallas, the suburbs share a border with Fort Worth. 

Mansfield is a suburb where you can reach Dallas or Fort Worth in about 30 minutes. Major highways like U.S. Route 287 can take you toward Fort Worth, while the 360 offers convenient transportation options for commuting to Dallas.

While people move here for the easy commute, what keeps them here are all the fun things to do in Mansfield. There are numerous parks, trails, and sports facilities scattered throughout Mansfield. Elmer W. Oliver Nature Park is a popular destination, offering a serene natural environment for hiking and wildlife observation. 

Folks looking for time out on the links will be happy to know there are two courses in town. The private Walnut Creek Country Club is near the 287, while the public Mansfield National Golf Club is near the 360.

Locals take pride in their arts and music, which is evident in the Music Alley Music & Arts Festival held each year in the historic downtown of Mansfield. Another popular event is the Mansfield Pickle Parade, where folks gather each March to try different pickles, engage in keg races, and participate in a 10k run for charity. Yet you do not have to wait for the festivities for a good time in Mansfield, as there are weekly farmers markets most of the year. 

Mansfield offers a variety of housing options for homebuyers looking for a change. There are sprawling neighborhoods of traditional single-family homes and neighborhoods like Walnut Creek, which showcase the diversity of architectural styles and housing preferences available in the city.

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Long Island towns attracts homebuyers for many reasons.

Some want the beach lifestyle on the shores of the Great South Bay with a dock for their boat. Other people want a modest starter home close to a Long Island Railroad station so they can easily commute to work.

Regardless of why you want to live on Long Island, there are plenty of small Long Island towns and homes for anyone seeking their place in this slice of New York State.

That is why the team at Prevu Real Estate came together to list several of the best towns on Long Island.

Best towns on Long Island

• Great Neck
• East Meadow
• Oyster Bay
• Long Beach
• Port Washington
• Garden City
• Bellmore
• Roslyn
• Cold Spring Harbor
• Dix Hills 
• Ronkonkoma
• Patchogue
• East Hampton
• Shelter Island

Great Neck

Those who want to remain close to NYC but get a taste of living in the 'burbs should look at homes in Great Neck. 

This North Shore Long Island town is one of the first stops on the Gold Coast, and it is the closest you can get to NYC without living in Queens. There are several neighborhoods in Great Neck and the property sizes change depending on where you look for a home. 

Kensington’s orderly streets are filled with two-story Georgian and Victorian-style homes, all of them enjoying proximity to the LIRR Train. 

On the other hand, Great Neck Estates offers large, secluded properties set back from the street. 

The intersection of Middle Neck and Great Neck road serves as the commercial district for the town, where locals can stop to dine at favorites like the Great Neck Diner and Cafe Kirza. The Port Washington LIRR station is in this area, and commuters can reach Manhattan within 40 minutes.

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Browse homes for sale in Great Neck

East Meadow

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Browse homes for sale in East Meadow

Oyster Bay

When it comes to living the high life, it is hard to beat the towns of the North Shore. This is especially true if you buy a home in Oyster Bay. 

This North Shore town sits at the southern end of the Oyster Bay National Wildlife Refuge. There are a few homes in town with great views of the Bay, but most of the homes sit in quiet neighborhoods stretching toward Northern Boulevard. 

Oyster Bay appeals to people commuting to NYC as it is the final stop of the Oyster Bay branch of the LIRR. The commute takes an hour and a half by train, so folks who only have to go in a few times a month to work benefit from buying a home here. 

Near the station, you can find locals hanging out at the intersection of Shore Avenue and South Street, which features neighborhood staples like Oyster Bay Brewing Company, Taby's Burger House, and the Bonanza Stand of Oyster Bay.

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Browse homes for sale in Oyster Bay

Long Beach

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Browse homes for sale in Long Beach

Port Washington

When it comes to getting out of the city quick to get on the water, you can’t beat the access of Port Washington. At just 45 minutes away from NYC via the Port Washington Branch, people commuting to Manhattan can get to work in a breeze. 

Port Washington Boulevard is where you can find residents getting their dry cleaning done or do some grocery shopping, then head out for a bite to eat at local favorites like Ikedo Ramen or Sullivan’s Quay. The LIRR station is only two blocks away, right on Main Street. 

Several golf courses and Hempstead Harbor Natural, and Bar Beach area occupy the western coastline of Port Washington. So if you want a waterfront home, you have to look on the eastern shores, where there are large properties with private docks. Yet you can also keep your vessel at the Manhasset bay Yacht Club or Port Washington Yacht Club if you reside further inland. 

You can find a mix of Colonial-style homes from the 1960s in southern Port Washington. But if you are looking for contemporary homes or new construction properties, you should check out Port Washington North. 

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Browse homes for sale in Port Washington

<smarttip text="Did you know you can get a rebate from your broker in New York? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $900,000 property, you’d receive up to $9,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy!"></smarttip>

Garden City 

If you are looking for Victorian charm on Long Island, look no further than Garden City. 

This historic town built in the late 1860s was one of the first master-planned communities in the United States, featuring planned roads, housing plots, and outdoor garden spaces. Most of the homes built in the area were done in the Victorian-style, and many stand strong to this day on and around 6th Street. But you can find plenty of split ranch homes from the 1960s and Colonials from the ‘70s in the surrounding neighborhoods near the three golf courses in the area. 

One of the main haunts in Garden City is 7th Street, where you can grab a coffee from For Five Coffee,  then race over to the Garden City LIRR stop on the Hempstead line to catch a ride to Manhattan in 45 minutes. You can also drive ten minutes awaw to the Merillion Avenue stop on the Port Jefferson Line and reach the city in 30 minutes if you are in a rush. 

When it comes to shopping, most locals head over to the massive Roosevelt Field Mall on Old Country Road. From Gucci to Apple, there are plenty of designer brands in the mall, while grocery stores and other big-box retailers surround the area around the mall. 

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Browse homes for sale in Garden City

Bellmore

Only some people who move to Long Island want to spend their off days by the water gracing the north and south shores. 

Bellmore, NY, is an excellent place to find a home for homebuyers who want waterfront access to dock their boats. This South Shore community is next to Merrick and Seaford and is located right on the Great South Bay. Multiple canals stretch northwards towards Merrick Road, and homes with docks of all shapes and sizes line these waterways. 

Peninsulas make up the southern side of Bellmore, where you can find plenty of homes neatly arrayed in suburban collectives. As you head north, you will come across Merrick Road, which cuts west to east across the town. This region is where you can find relaxed coffee shops and bakeries, such as the Bare Naked Bakery. 

Farther north, Sunrise Highway splits Bellmore from North Bellmore, where locals can shop at P.C. Richard and Sons and pick up groceries from King Kullen. Young professionals who commute to New York City love this suburban LI town because the LIRR train at Bellmore can get you to Penn Station in about an hour.

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Browse homes for sale in Bellmore

Roslyn

At the base of the Hempstead Harbor, between Port Washington and Glen Head, homebuyers will find the village of Roslyn. 

Comprising Roslyn, Roslyn Harbor, Roslyn Heights, and Roslyn Estates, this Gold Coast town on the North Shore is a premier destination for homebuyers. While there is not as much waterfront here as nearby Glen Cove, Roslyn residents can reach NYC within an hour via the Oyster Bay branch line of the LIRR. 

Like other North Shore towns, Northern Boulevard serves as the commercial district for the area, providing locals with boutique shopping and various restaurants, ranging from Japanese to Italian food. Homes in Roslyn are set back from the street on winding roads, with plenty of trees providing shade. 

You can expect to find large homes here to match the sprawling plots of land, so if you are upgrading from a Midtown condo, this quiet village might be for you.

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Browse homes for sale in Roslyn

Cold Spring Harbor

As you cross into Suffolk County past Oyster Bay, the first Gold Coast town you will find is the hamlet of Cold Spring Harbor. 

Named for the natural freshwater springs bubbling up in the area, Cold Spring Harbor dates back to the 1860s when whaling was a crucial industry on Long Island. As whale hunting passed into the annals of history, industrialists and vacationers built massive homes here, planting the seeds for a soon-to-be ritzy enclave of Long Island. 

Today, the Cold Spring Harbor LIRR line at the southern end of the town easily connects people to NYC within an hour and a half. There is a quaint main street on Harbor Road where you can find local favorites like The Sandbar for a bite and a beer or The Gourmet Whaler for fresh pastries and coffee. 

While boating is a popular pastime in the area, folks can also become members of the Cold Spring Country Club, where 18 holes surround Oheka Castle, one of the largest residences in the US. Even if golf is not your forte, you can head up to the castle for a property tour, then grab lunch at the OHK restaurant and Bar. For a relaxing day out, you can head to Cold Spring Harbor State Park and watch recreational boaters and kayakers exploring the harbor and Oyster Bay. 

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Browse homes for sale in Cold Spring Harbor

Dix Hills

Located just south of Huntington is the hamlet of Dix Hills. Surrounded by Commack to the east, Melville to the west, and Deer Park to the south, this region stands out for its large homes and wooded properties. 

Many of the houses are from the 1970s, ranging from Colonial-style to modern split ranches. Part of what makes the area appealing to buyers beyond the big homes and wooded properties is the easy access to the Long Island Expressway. The Northern State Parkway also runs through the northern reaches of the area in case the LIE is backed up. 

While there is a small golf course in the area, the nearby Dix Hills Ice Skating Rink is the main attraction. The rural feel of Dix Hill does come at the cost of having a dedicated shopping district, even though most folks head to the Tanger Outlets at Deer Park off Commack Road to shop at large retailers like Nike and Tommy Hilfiger. 

Beyond big-box stores, folks can go shopping at the new Lidl grocery store across from the outlets.

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Browse homes for sale in Dix Hills

Ronkonkoma

If you want to live near the Hamptons but still be close to NYC, consider moving to Ronkonkoma. 

Anyone who has taken the train out east likely heard of this town, as it is the last stop on the LIRR Main Line. Named after Lake Ronkonkoma, this hamlet is where the Greenport Line of the LIRR begins. So if you spend a lot of time on the North Fork, you will love Ronkonkoma. It takes about an hour and a half to reach Ronkonkoma from NYC, so make sure you time your trains well if you plan to head further east from the station. 

The LIE divides the region, so commuting by car is also a breeze. Frequent fliers also benefit from the MacArthur Airport near the train station. Residential homes make up most of the space in town, but Lake Shore Road offers delis and Little Vincent's, a community staple for pizza and Italian cuisine. And if you need to head to Stony Brook, it is a short ride away to the north. 

When it comes to clothes shopping and groceries, people head over to Portion Road on the lake's western side.

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Browse homes for sale in Ronkonkoma

Patchogue

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Browse homes for sale in Patchogue

East Hampton

East Hampton, nestled on the South Fork of Long Island, is a premier destination known for its pristine beaches, picturesque landscapes, and luxurious yet relaxed atmosphere. Main Beach, often ranked among the top beaches in the country, attracts both locals and visitors who revel in its unspoiled beauty and the soothing rhythm of the Atlantic waves.

The town boasts a vibrant cultural scene, home to several renowned art galleries, theaters, and museums such as the LongHouse Reserve and the Pollock-Krasner House. Annual events like the Hamptons International Film Festival contribute to a thriving arts community, providing endless opportunities for cultural engagement.

East Hampton’s culinary landscape underscores its status as one of the best towns on Long Island. The town offers diverse dining experiences, from charming cafes and artisanal bakeries to upscale restaurants featuring farm-to-table cuisine. Local farmers' markets and renowned chefs craft menus that reflect the region’s bounty, making East Hampton a culinary destination.

The town’s commitment to preserving its historical heritage enhances its appeal. Extensive conservation efforts ensure that beaches, parks, and nature reserves remain pristine, while the historic district, with its beautifully preserved 18th and 19th-century homes, offers a charming glimpse into the past. This blend of preservation and modernity creates a unique atmosphere that captivates residents and visitors alike, making East Hampton a standout gem on Long Island.

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Browse homes for sale in East Hampton

Shelter Island

Shelter Island, located between the North and South Forks of Long Island, is a serene escape known for its tranquil beauty, lush landscapes, and relaxed atmosphere. Accessible only by ferry, the island offers a peaceful retreat with pristine beaches and calm waters ideal for swimming, kayaking, and sailing.

The island’s dedication to preserving its natural environment is showcased in the Mashomack Preserve, which covers nearly a third of the island. This vast nature reserve, with its woodlands, wetlands, and tidal creeks, provides excellent opportunities for hiking, birdwatching, and nature photography, making it a paradise for nature lovers.

Shelter Island’s charming small-town vibe is enriched by its historic significance and quaint architecture. The island is dotted with beautifully preserved 18th and 19th-century homes, and its historic district offers a glimpse into its rich past, with small museums and landmarks celebrating its evolution over the centuries.

The culinary scene on Shelter Island enhances its appeal as one of the best towns on Long Island. The island offers a delightful array of dining options, from casual beachside eateries to upscale restaurants emphasizing locally sourced ingredients. Seasonal farmers' markets and artisanal food shops provide fresh, regional produce and specialties, making Shelter Island a unique and captivating retreat.

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Browse homes for sale in Shelter Island

Interested in buying a home on Long Island? Learn how much you can save with Prevu’s Smart Buyer Rebate.

Miami can be your solution to blending work and play with almost no effort, but then there’s the question of actually buying a home. The luxurious condos of Bal Harbor and the bewitching Mediterranean-style estates of Key Biscayne don’t come cheap.

So what can you do to make the home purchase more manageable?

Thanks to modern and evolving real estate practices, there is an answer. Savvy Miami buyers have unlocked thousands of dollars in savings by utilizing a simple real estate tool: commission rebates.

What is a commission rebate in Miami?

Simply put, a commission rebate, also known as a home buyer rebate or a commission refund, is a portion of the commission a real estate agent earns given back to the buyer upon closing. 

Designed to modernize dusty, traditional real estate practices, commission rebates are a lot more than just checks for extra money.

A buyer commission rebate has a three-pronged effect. If you work with a brokerage like Prevu that specializes in homebuyer rebates, you can have an estimate of your rebate before you commit to the purchase. That means you’ll have a good idea of how much you can expect to save once you close. 

With that knowledge, you increase your purchasing power and confidence when making an offer, plan your budget more effectively based on what you can save, and, ultimately, enjoy and utilize your savings. 

Prevu currently offers the largest commission rebate in Florida, allowing homebuyers to save thousands on their purchase.

How does a commission rebate work?

In many traditional real estate transactions, the seller pays their listing agent a 6% commission upon a successful sale. That commission is then typically split with the broker representing the buyer. So while both agents walk away with attractive earnings, the buyer is shelling out all the money. 

Modern brokerages like Prevu employ commission rebates to tip the scales in the buyers’ favor.

Buyers can partner with a Prevu agent in their homebuying journey. That agent accompanies you throughout every transaction step, whether drawing up a compelling offer, negotiating a better price, or handling the complicated paperwork.

Once you close on a home, Prevu gives you a portion of the commission via the company’s Smart Buyer Rebate.

Commission rebate - Miami example ($1,150,000 home)

• Purchase price: $1,150,000
• Seller’s Agent Commission (3% of sale price): $34,500
• Buyer’s Agent Commission (3% of sale price): $34,500
• Homebuyer rebate: $11,500

Working with Miami agents that offer rebates

The idea that a buyer doesn’t pay anything for a real estate commission is a misconception. 

While you won’t see “agent commission” as a line item for on the closing disclosure for a buyer, the seller usually factors those costs into the price when listing their home for sale.

How do you fix that? Working with a buyer’s broker that offers commission rebates and helps you save money.

Prevu focuses on combining the reward of a rebate with a full-service online brokerage to modernize the homebuying process. 

Buyers who work with Prevu immediately gain access to its digital homebuying platform. They can browse listings in Miami based on specific criteria, from the number of bedrooms and bathrooms to whether the house has a pool.

Each listing on Prevu’s platform transparently shares the potential commission rebate the buyer can expect. The buyer can then easily connect with a local Prevu agent and discuss the details of the home. From there, they can schedule a property tour with the click of a button, and their dedicated Prevu agent will accompany them on the tour, ensuring no detail is overlooked.

This online collaboration between buyer and agent continues until closing, culminating in the buyer holding the keys to their Miami home and a rebate check on the way.

The significant savings from a rebate can play a vital role in offsetting expensive closing costs, replenishing savings, or even contributing to furnishing the new home.

Will you have to pay income tax on your commission rebate?

No real estate brokerage is licensed to provide you tax advice, so always reach out to your accountant to review your circumstances.

But to shed light on the issue, the IRS released a letter in 2007 concerning rebates and whether they’re taxable as ordinary income. According to the letter, commission rebates can be seen as an adjustment in a homebuyer’s cost basis.

Because of this, a real estate brokerage is not required to provide a 1099 form to buyers when issuing them a rebate. 

Buying a home in Miami? Browse listings and see how much you can save with Prevu.

Life in Washington, D.C., doesn’t have to be about politics. This holds even more true for those seeking a home in one of DC’s best suburbs, which offer a balance of suburban tranquility while being close enough to downtown DC to take advantage of its cultural and entertainment opportunities in the nation's capital.

Quaint marinas situated by the Potomac River, honorable estates reminiscent of traditional colonial architecture, and a plethora of boutique shops and markets are just a few things to look forward to, no matter which DC suburb you choose.

Top suburbs of Washington, DC

• Alexandria
• Reston
• McLean
• Arlington
• Bethesda
• Chevy Chase
• Silver Spring
• Potomac

These top suburbs are known for their community attractions, including parks, nature centers, and vibrant nightlife options, which create a welcoming and lively atmosphere for residents and visitors.

Alexandria

Reston

McLean

Arlington

Bethesda

Chevy Chase

Silver Spring

Potomac

Los Angeles’s legendary coast is no stranger to homebuyers dreaming of endless summers and a beachside lifestyle.

From the unrivaled serenity of the San Fernando Valley to the celebrity-filled glamour of Beverly Hills, the Los Angeles sprawl carries a lot more variety than newcomers - and even locals - may know.

Best neighborhoods in Los Angeles

• Northridge
• Encino
• Sherman Oaks
• Studio City
• Beverly Hills
• West Hollywood
• Silver Lake
• Westwood
• Cheviot Hills
• Los Feliz
• Culver City
• Santa Monica

Northridge

Framed by the Santa Susana Mountains and adorned with palm tree-lined streets, Northridge has become one of San Fernando Valley's most sought-after residential neighborhoods.

The area offers plenty of dining, shopping, and entertainment options, all while being just a 35-minute drive from the heart of Downtown LA.

The bustling Northridge Fashion Center, with its eclectic mix of shops, restaurants, and a movie theater, serves as a hub for the community. From there, food enthusiasts can explore a vibrant collection of local eateries, such as the family-owned Brent's Deli and local favorite Emle’s Restaurant.

Limekiln Canyon Park, offering scenic hiking trails, is just a 10-minute drive from Northridge, while Wilbur Tampa Park and its stunning hill panoramas are a stone’s throw away. 

The presence of California State University, Northridge, meanwhile, infuses the area with various cultural events.

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Browse home for sale in Northridge

Encino

The one-time home of Johnny Cash, Encino never fails to impress with its line-up of upscale real estate.

Lush greenery decorates much of Encino’s streets, where stunning mansions and modern estates give potential buyers a glimpse of the exclusive luxury they can expect. 

The vibrant Ventura Boulevard, which serves as the main thoroughfare for a few neighborhoods on this list, showcases Encino’s share of upscale boutiques and dining options. You can spend an entire afternoon here exploring carefully curated shops or standout eateries such as Scratch Bar & Kitchen or Yamato.

Encino’s outdoor offering, meanwhile, is direct access to the expansive Sepulveda Basin Recreation Area. 

Picturesque trails, sports facilities, and the tranquility of Lake Balboa offer easy daytime and weekend plans for outdoor enthusiasts. History buffs will likely flock to the Los Encinos State Historic Park, which showcases the original 19th-century Ossa Adobe building.

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Browse homes for sale in Encino

Sherman Oaks

Another prominent member of the San Fernando Valley, Sherman Oaks manages to squeeze everything an ideal Los Angeles suburb should offer into a single neighborhood.

Sherman Oaks has a well-known retail scene, home to the open-air Sherman Oaks Galleria and Westfield Fashion Square. 

If you head to Ventura Boulevard, you can sample Italian cuisine at La Cava or savor delectable BBQ options at Boneyard Bistro. And if you’re in the mood for an LA classic, In-N-Out is also down the street. 

Delve further into the boulevard to discover a delightful mix of local boutiques and specialty shops, such as Iguana Vintage Clothing and Aroma Coffee & Tea, reflecting the area's unique selection of curious shops.

Nature lovers can access Fryman Canyon Park for hiking and captivating vistas of the Valley, while the Van Nuys Sherman Oaks Recreation Center is the local hotspot for a range of sports facilities, a swimming pool, and tennis courts.

Sherman Oaks’ housing stock is wide-ranging, with an impressive display of luxury homes and a healthy selection of quaint, single-family homes in classic California architectural styles. 

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Browse homes for sale in Sherman Oaks

Studio City

It’s only natural that at least one Los Angeles neighborhood would have a name hinting at the city’s entertainment industry roots.

Established in the 1920s and named after the film studio lot now known as CBS Studio Center, Studio City's creative legacy continues to be a defining feature. Iconic landmarks like the Brady Bunch House and the CBS Studio Center serve as reminders of the neighborhood's rich entertainment heritage.

At first glance, it might seem like a tourist magnet, but Studio City offers much more than tours of Hollywood relics.

Studio City’s stretch of Ventura Boulevard is home to the open-air Studio City Farmers Market, offering fresh produce and artisanal delights every Sunday. If you work up an appetite, you can enjoy classic Italian fare at Vitello's and then head to a cocktail at Firefly’s outdoor patio.

There’s plenty to explore outdoors as well. Wilacre Park and the picturesque trails of Fryman Canyon are iconic draws for hiking enthusiasts and outdoor lovers. 

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Browse homes for sale in Studio City 

Beverly Hills

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Browse homes for sale in Beverly Hills

West Hollywood

Nestled between Beverly Hills and Hollywood, West Hollywood, or "WeHo" as locals call it, is one of LA's most sought-after residential areas.

While the heart of LA's action is nearby, West Hollywood's vibrant streets maintain their tranquility without sacrificing the eclectic boutiques and local hotspots that give the area its unique character. 

Sunset Boulevard and Santa Monica Boulevard, two of WeHo's main thoroughfares, are lined with diverse coffee shops, chic bars, and eateries. You can start the morning with an expertly crafted espresso at Verve Coffee Roasters, enjoy a vegan Mexican menu at the next-door Gracias Madre, and finish the night off with a cocktail at Skybar’s rooftop bar.

West Hollywood is no stranger to outdoor recreation, either. West Hollywood Park is a local treasure, offering sports courts, a swimming pool, and a dog park for residents and their furry friends. The park is also home to the West Hollywood Library, a popular gathering spot with a verdant setting.

Of course, some of LA's most captivating housing options can be found here, with a mix of Spanish-style villas, modern condominiums, and mid-century modern architectural gems on display.

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Browse homes for sale in West Hollywood 

Silver Lake

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Browse homes for sale in Silver Lake

Westwood

The University of California, Los Angeles, serves as the centerpiece of Westwood’s cultural scene.

The regular influx of college students routinely contributes to Westwood’s liveliness, but the signature residential charm which makes the neighborhood one of the best places to live in Los Angeles never falters.

Westwood’s extravagant neighbors, Beverly Hills and Bel Air, help contribute to the area’s desirability. Proximity to some of the most expensive neighborhoods in California places Westwood on the map as a top choice for many aspiring buyers.  

Yet the undeniable hint of luxury doesn’t dominate Westwood’s relaxed atmosphere. Quaint streets, lush greenery, and a rich presence of arts and culture may make you momentarily forget you're in the City of Angels. But a 15-minute drive will remind you that the iconic Venice Beach and Santa Monica are in your backyard.

The charming Westwood Village is another boon for aspiring residents. 

An evergreen selection of eateries and coffee shops, the historic Geffen Playhouse and Fox Theater, and a head-spinning selection of shopping boutiques always make Westwood Village a prime destination for entertainment.

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Browse homes for sale in Westwood

Cheviot Hills

If Westwood’s rich neighbors piqued your interest, Cheviot Hills should immediately go on your list of potential neighborhoods as well. 

Bordering Westwood to the south, Cheviot Hills is a postcard example of classic Los Angeles luxury without the poshness of Beverly Hills. Meandering streets, framed by greenery and palm trees, create a charming maze of single-family estates and gorgeous yet unimposing mansions.

Cheviot Hills is one of the many LA neighborhoods that share in the city’s storied cinematic past. It has served as a choice location for nearby Fox and Sony Studios and has appeared in iconic series such as Modern Family and American Horror Story. 

One of the neighborhood’s biggest perks is its Cheviot Hills Recreation Center. Besides offering tennis, basketball, and soccer, it is also home to Cheviot Hill’s Rancho Park Golf Academy, an 18-hole course with manicured lawns, and a local coffee shop.  

A selection of well-known restaurants headlines Cheviot Hill’s culinary offerings. 

Visit The Apple Pan, which has been serving diner classics from its iconic small counter since 1947, or plan a dinner at John O'Groats, a homegrown local favorite with a hearty menu. You won’t have to venture far for an after-dinner drink, either. The nearby Wellesbourne offers a cozy, old-world setting and classic cocktails, while The Stalking Horse should satisfy any beer aficionado with its selection of drafts on tap. 

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Browse homes for sale in Cheviot Hills

Los Feliz

Few can boast of starting their mornings with an exercise routine in Griffith Park, but moving to Los Feliz comes with those bragging rights.

One of LA’s most iconic landmarks, Griffith Park, is the undeniable highlight of living in Los Feliz, situated just north of the coveted LA neighborhood.

The iconic oasis offers residents unbeatable views of the Los Angeles skyline, and you can choose when to enjoy it. For many, quick access to Griffith Park is enough to sell them on moving to Los Feliz, but the coveted area has plenty more to offer. 

Hillhurst and North Vermont Avenues are the lifeblood of Los Feliz’s food and entertainment scene and host vibrant cocktail bars, music venues, and cozy bistros.  

Head to the locally-celebrated Figaro Bistro for classic French bistro fare, or sample craft cocktails at The Dresden. The same thoroughfare that houses those haunts will lead you to House of Pies, which serves up every imaginable diner option and signature dessert into the late hours. 

For Los Feliz’s best entertainment options, Griffith Park is the go-to. The iconic Greek Theatre, the legendary Griffith Observatory, and the unmissable Los Angeles Zoo are all accessible with ease.

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Browse homes for sale in Los Feliz

Culver City

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Browse homes for sale in Culver City

Santa Monica

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Browse homes for sale in Santa Monica

Choose your preferred format to complete the REBNY Financial Statement:

You can save and personalize the Google Docs version of the REBNY Financial form by clicking the Use Template button at the the top right of the screen.

Is a REBNY financial form required? 

Technically the answer is that the form isn’t required under New York State law – but in practice, it has become a near-mandatory part of any serious offer. All offers submitted to a listing agent (with or without a REBNY financial form) are required to be submitted to the seller. If you want your offer to be taken seriously then for the most part the answer is that yes it is probably required to complete the REBNY Financial Statement due to the strict financial requirements imposed by NYC co-ops during the board application process.

Why am I supposed to fill it out?

What does this REBNY financial form include regarding post closing liquidity?

Happy house hunting!

Prevu is the real estate technology company on a mission to save people money when they buy or sell a home. Our industry-leading Smart Buyer™ Rebate makes it possible for homebuyers in NYC to receive a commission rebate with a seamless, end-to-end buying experience and the expert advice of a dedicated, salaried agent. Prevu is a licensed real estate brokerage in New York, Massachusetts, Pennsylvania, Connecticut, New Jersey, Virginia, Maryland, District of Columbia, Florida, Texas, Colorado, Washington, and California, as well as a member of the Real Estate Board of New York (REBNY).

Whether it’s the blufftop views in La Jolla, the beachside energy of Mission Beach, or the coastal calm of Coronado, there’s a waterfront property to match just about every vision of California living. But purchasing real estate on the water isn’t quite like buying a home inland—there are additional factors, regulations, and costs to consider before you make your move.

From coastal zoning laws and erosion risk to insurance requirements and seasonal market trends, owning property by the water comes with unique responsibilities. That said, the payoff can be substantial. Waterfront homes in San Diego aren’t just a lifestyle upgrade—they’re also long-term assets with strong resale value and rental potential when managed wisely.

Below, the team from Prevu Real Estate will guide you through the essentials of buying a waterfront home in San Diego, including navigating property types, legal considerations, investment factors, and tips for working with a local real estate expert. 

Understanding waterfront property types

The city’s diverse coastline features many home types and locations—from wave-facing beachfront properties to homes perched on bluffs with panoramic views, and bayside residences tucked into more protected waters. Each setting offers lifestyle advantages and maintenance considerations, which can significantly impact your experience as a homeowner.

Beachfront homes like those in Mission Beach or Ocean Beach place you directly on the sand. These properties are ideal for those seeking walkable beach access, vibrant neighborhood energy, and a short distance to surf and boardwalks. However, they also tend to experience more salt, sand, and moisture wear, which can increase long-term maintenance. 

In contrast, bayfront homes like those along Mission Bay offer calmer waters, more privacy, and better protection from storm surf and wind exposure.

If you're eyeing homes in blufftop communities like La Jolla, you’ll find some of the most scenic and prestigious real estate in San Diego. These homes offer dramatic coastal views and more separation from the public shoreline. That said, bluff erosion and strict coastal permitting regulations require due diligence. 

Finally, condos and townhomes near the coast—especially in Pacific Beach, Coronado, and Carlsbad—provide lower-maintenance living with access to luxury amenities, making them appealing for second-home buyers or retirees looking to downsize without sacrificing location.

Choosing the right type of waterfront property starts with understanding how you plan to use the home—whether as a full-time residence, a seasonal retreat, or a vacation rental—and balancing that with the upkeep, regulations, and lifestyle that come with the terrain.

Legal and environmental factors for waterfront properties in San Diego

Buying a home near the water often means buying into a different set of rules—and in San Diego, coastal regulations play a significant role in what you can and can’t do with your property. 

The California Coastal Commission oversees development along the coastline, and any renovation, expansion, or construction within designated zones may require approval. That includes everything from adding a deck to building a seawall or changing the property’s footprint. Before closing on a property, it’s critical to understand which restrictions may apply and whether past work was properly permitted.

Erosion risk is another consideration, especially for blufftop homes. While these properties offer some of the most stunning views in San Diego, they also sit atop dynamic coastal terrain. Soil movement and cliff recession are natural processes here, and homes in these zones often require engineering assessments and long-term erosion mitigation strategies. If you’re buying in areas like La Jolla Farms or Solana Beach, be sure to work with a structural inspector experienced with coastal topography.

Lastly, don’t overlook the importance of flood zone designations and insurance requirements. Properties within FEMA floodplains may require special insurance policies, which can significantly add to annual ownership costs. 

Even homes not in obvious flood zones, such as those near bays or marshy inlets, can have higher moisture exposure risks. Working with a knowledgeable agent and consulting the latest flood maps will ensure you’re fully informed about the environmental footprint of your potential home.

Investment potential of waterfront houses in San Diego

While the ocean view may be what catches your eye, the investment value of San Diego waterfront property can often seal the deal for aspiring homebuyers. 

Because of their evergreen appeal, waterfront homes can present short-term and long-term rental opportunities. 

Whether you're looking to offset ownership costs with seasonal income or purchase a full-fledged vacation rental property, demand for short-term coastal rentals in San Diego remains strong—especially during spring and summer months. 

Beachfront and bayside homes, particularly in Mission Beach, Pacific Beach, and Ocean Beach, are among the most popular destinations for travelers, and some properties command impressive rates during peak season.

Of course, maximizing your investment potential means doing your homework. Zoning laws, HOA restrictions, and local ordinances can all impact your ability to rent out a property, especially in high-traffic tourist zones. If your purchase strategy includes rental income, it’s worth speaking with a real estate attorney or licensed vacation rental expert to ensure your plan aligns with current municipal regulations.

Hiring the right buyer’s agent

Working with an experienced buyer’s agent, particularly one specializing in San Diego’s coastal markets, is one of the smartest moves you can make early in the process. 

Having an expert buyer’s agent by your side will help you navigate the nuances of beachside and blufftop properties, including flood zone disclosures, Coastal Commission permitting, and pitfalls that may not be obvious in a standard inland transaction.

A skilled buyer’s agent also brings access to off-market listings and early alerts on upcoming properties—especially valuable in high-demand areas like La Jolla, Mission Beach, and Coronado, where inventory moves quickly. 

As importantly, they’ll help you make sense of pricing trends, assess the value of views, location, and condition, and craft a competitive offer that reflects both market realities and your goals. In a competitive market like San Diego’s, that strategic edge can be the difference between landing your ideal home or missing out entirely.

Apart from nuanced guidance, a dedicated buyer’s agent will negotiate on your behalf, coordinate with inspectors, and navigate red tape. 

And, depending on the brokerage, you may even benefit from a commission rebate. 

Save money with commission rebates

If you feel overwhelmed by all the variables involved in buying a waterfront property, there’s a silver lining that can provide some relief: You can save money when you buy by leveraging commission rebates.

Commission rebates are straightforward: you’re putting a portion of a seller-paid buyer’s agent commission back into your pocket at closing. The key, however, is working with a brokerage that not only offers rebates, but also provides the services and expertise you are looking for.

For example, Prevu leverages a tech-forward approach that includes streamlined digital homebuying tools and salaried agents, allowing them to potentially unlock commission rebates for buyers of up to 1% of the home’s final purchase price. This perk doesn’t sacrifice any of the expertise and service that a buyer should expect from any professional broker.

The extra savings buyers can potentially receive via commission rebate can go a long way toward customizing your new space or covering unexpected closing costs. As with any relationship, choosing the right agent matters—so take the time to interview a few, ask about their experience with coastal properties, and make sure they understand exactly what you're looking for.

As work from home has become the default, buyers working in midtown offices no longer need to focus their apartment search on adjacent areas with short commutes. They can now expand their search to a wider range of Manhattan neighborhoods.

Below we’ve compiled a list of the best Manhattan neighborhoods that New Yorkers are searching for this year.

Best Manhattan Neighborhoods

• Financial District
• Tribeca
• Soho
• West Village
• Chelsea
• East Village
• Lower East Side
• NoMad / Flatiron
• South Harlem 
• Washington Heights
• Inwood
• Upper West Side

Financial District

First up is the famous Financial District of Lower Manhattan. Historically known as the home of modern finance because of the New York Stock Exchange at Wall Street, many finance workers previously commuted into FiDi. 

While many financial professionals are currently working remotely, savvy buyers can discover a growing number of luxury high-rise condos giving new owners sweeping views of New York City. 130 Water Street, 25 Park Row, and 15 William all offer apartment buyers with amenities like concierge services, swanky rooftop decks and pools, and personal gym and spa services. Another popular new building in the area is the recently completed 130 William - designed by famed architect Sir David Adjaye.

Broadway runs north to south through the financial district, and many fashion, make-up, and small boutiques have shops on the avenue. Because the Financial District is the lowest point of Manhattan, New Yorkers have many train lines to choose from when making their way about the Big Apple. 

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Tribeca 

Just northwest of the Financial District, Tribeca is a former industrial neighborhood featuring converted lofts and new construction apartment buildings overlooking the Hudson River. Tribeca is one of the oldest and most iconic neighborhoods in the city. Artists living in the area in the 1970s coined the name to reference the triangular street space created by the intersection of Broadway and Church below Canal Street. 

Today, the Tribeca area covers a region larger than Soho. New Yorkers aspire to purchase Tribeca real estate, clamoring for space in one of the civil war low-rise residences laden with Neo-Grec facades and wrought-iron fences surrounding the walk-up steps to the buildings. 

As buyers wander closer to the riverfront, high-rise new construction condos dot the skyline, overlooking the Hudson River Park that stretches North and South along the Hudson. 

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Soho

South of Houston, or Soho to most native New Yorkers, is a hip neighborhood known for the converted loft spaces occupying the cast-iron, medium-rise structures found throughout the district. 

Developers built these cast-iron buildings in the 1800s, as the materials are fire-retardant and were cheaper to produce at the time. Plus, designers could reproduce decorative columns in a cast dye mold. There are over 250 of these buildings in New York, with the majority residing in Soho. One famous example is the E.V. Haughwout Building, the first building in NYC to offer a passenger elevator. 

The area fell into decline around the 1940s and 50s. Soho textile operations abandoned NYC for factories in the south, leading artists to move into the buildings because of their high ceilings, large tracts of space, and plenty of natural light from all the windows. While many buyers flock to Soho for the spacious lofts, there are also opportunities to move into historic Federal-style homes built before the Civil War. 

Over time, the artists moved out, galleries moved in, and Soho now plays host to numerous designer fashion companies that have opened outlets in the expansive storefronts along Spring, Prince, and Broadway. While shoppers can still find boutiques in Soho, buyers are more likely to find chains like notable brands like Prada, Chanel, and Nike. 

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West Village 

Another neighborhood nestled along the Hudson River, the West Village, is famous for being where the LGBT rights movement began and is a historic preservation district. New Yorkers travel from all boroughs to this historic area - patrons to numerous cafes and restaurants sprinkled throughout the West Village. 

Diners coming to the West Village will find fine French and corner bars built into the street level of many historic low-rise townhouses and boutique co-ops  in the neighborhood. The West Village is home to many storied watering holes like The White Horse Tavern, known best for its connection to the Bohemian culture of the 1950s and 60s.

Most of the homes in the West Village are historic townhouses. But savvy buyers can find clapboard-sided homes and Federal-style brick homes from the early 1800s. Buyers coming to the West Village will find many historic homes, but there are a few new construction units, such as the high-rises at 173 and 176 Perry Street. 

The West Village is historically known for attracting artists and progressively-minded bohemians, and many art galleries and theaters have popped up in the district over the years. The famous Stonewall Inn is in the West Village, where history buffs can drop in to learn about the LGBT history of NY while having a bite to eat. 

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<smarttip text="Did you know you can get a rebate from your broker in NYC? Buying with Prevu you’ll pocket a portion of your agent's commission. On a $2 million property, you’d receive up to $30,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy!"></smarttip>

Chelsea 

Chelsea has captivated the hearts of New Yorkers for years. The region is home to a wide array of restaurants, bars, and art galleries. Plus, in recent years tech professionals have begun gravitating to Chelsea as the neighborhood provides easy access to the NYC offices of companies like Peloton and Google. 

Chelsea has a front-row seat to the sun setting on Manhattan’s west side if they wander along to the waterfront at the end of the day. If neighborhood explorers go north along the Hudson River Park, they will find The Vessel of Hudson Yards. Chelsea residents have plenty to explore in the neighborhood, from Highline Park, an above-ground subway line turned into a park, to Chelsea Park, where New Yorkers can get in a pickup game of soccer. 

Art galleries line the Chelsea streets, and buyers will find more of them the closer they get to the Hudson River. Beyond arts and parks, Chelsea is famous for the piers along the Hudson River, which host berths for historic sailboats, golf ranges, and the Chelsea Piers 62 skatepark. 

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East Village

The East Village is situated east of the Bowery and 3rd Avenue, south of 14th Street, north of Houston Street, and nestled along the East River. This exciting neighborhood offers historic roots with early residents in the 1800’s from immigrant groups including, but not limited to Germans, Polish, and Ukrainians, and today is popular for residents seeking easy access to Downtown Manhattan and NYU.

This welcoming history can be seen today in the diverse restaurants across the neighborhood. One such institution is Veselka which has been serving up traditional Ukrainian food since the early 1950’s. In addition to being a cuisine capital of the city, the East Village is also known for its local watering holes - including dive bars like 7B and cocktail joints like Amor Y Amargo.

New Yorkers looking to buy or rent apartments in the East Village will find an inviting mix of housing options. From walk-up co-ops to HDFC co-ops, historic rowhouses, small boutique condos, and luxury condos with every amenity and rooftop pools, the East Village has something for everyone.

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Lower East Side 

The Lower East Side is a premier destination for Manhattan residents looking to live in the heart of the NYC nightlife. Bordered by Bowery to the north, the East River waterfront, and Chinatown to the west, the LES is where many New Yorkers would travel pre-pandemic for a night out on the town. 

The area has an endless list of bars, restaurants, and music venues like Rockwood Music Hall, Mercury Lounge, and the Bowery Ballroom that all bumped well into the night before the lockdown. 

Historic tenement buildings dominate the Lower East Side, and for decades in the late nineteenth and early twentieth centuries the region was the first stop for immigrants first coming to America. The building style is historically protected, but buyers can also find opportunities to live in new construction high rises close to the Manhattan entrance of the Williamsburg Bridge. 

Residents coming to the LES for the day should take out time between open houses to have a snack at Essex Market - a public market offering food vendors across the cuisine spectrum.

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NoMad / Flatiron 

The area north of Madison Square Park, near the Flatiron building, is a happening neighborhood sitting directly below Midtown Manhattan. Many high-rise apartments and high-end condo buildings surround Madison Square Park. Most of these buildings offer concierge services and countless amenities for luxury buyers.

Madison Square Park is the centerpiece of the area, where artists set up exhibitions on the main lawn, and New Yorkers taking a trip to the park will find the original Shake Shack near the south end of the park, close to the Flatiron building. 

Originally known as the Fuller Building, the Flatiron building is a historic, triangular-shaped building with retail shopping on the first floor and office space occupying the floors above. Residents exploring the NoMad neighborhood and Flatiron district will find an eclectic mix of restaurants, boutiques, and cafes to stop in at for a bite to eat. 

Eataly on 23rd Street is a neighborhood classic for Italian food, but buyers with a sweet tooth need to make their way to 19th street to have a bite at Dough Doughnuts. After checking out some swanky condo units near Madison Square Park, New Yorkers can explore 5th avenue to find expansive storefronts for Sephora, Nike, and MUJI.

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South Harlem

Bordering the northern section of Central Park, New Yorkers will find a beautiful mix of pre-war co-op apartments and new construction condos in South Harlem. Beyond co-ops, buyers exploring South Harlem properties can take up residence in one of the many brownstone buildings lining Malcolm X Boulevard and Frederick Douglass Boulevard.

Stretching up to 125th street, neighborhood explorers can find stellar restaurants like the Seasoned Vegan and Angel of Harlem lining St. Nicholas Avenue. 125th street is the main shopping center for the neighborhood, and New Yorkers exploring the area will find the historic Apollo Theater, where shows went on right up until the pandemic began. 

In addition to Central Park, Morningside Park runs north and south through the neighborhood, as does Riverside Park alongside the Hudson River. Beyond Midtown and Financial District workers, Academics will love South Harlem as the sprawling Columbia University campus is nestled between Broadway and Amsterdam Avenues. 

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Washington Heights 

Spanning east and west across northern Manhattan, New Yorkers can find Washington Heights stretching from 190th street down to 150th street. Named after the former Fort Washington, Washington Heights is one of the hilliest parts of Manhattan. The neighborhood was sparsely developed and only had a few mansions and single-family homes, but once the A, C, and 1 line connected it to the rest of Manhattan, new high-rises popped up to fill housing demands. 

Today, buyers can find Art-Deco buildings along Riverside Park and walk-up co-ops overlooking Highbridge park on the Harlem River. Running east and west, I-95 cuts through Washington Heights, connecting Manhattan to New Jersey via the George Washington Bridge. Buyers can find opportunities to own condo units in renovated buildings built in the early 1900s. Beyond historic buildings, buyers can purchase space in a new 28-story luxury residential building being constructed at West 153rd Street. 

The A and 1 trains run through the neighborhood, and residents living at 155th street can ride a few stops north towards 190th street to spend the day exploring the Cloisters at Fort Tryon Park. Residents of Washington Heights have a cornucopia of restaurants to choose from when ordering dinner. But new homeowners with a sweet tooth can get flan from Maritza’s Cake on Amsterdam Avenue or a slice of layer cake from Angela’s Cake on 170th Street.

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Inwood 

If New Yorkers wander to the farthest reaches of Manhattan, they will find the small neighborhood of Inwood. Surrounded by the Hudson River on the west, the Harlem River to the east and the Spuyten Duyvil Creek to the north, Inwood Hill Park dominates the western side of Inwood. 

The park is one of the only old-growth forests in Manhattan, and much of the region is untamed and Adventurous hikers can even find the Lenape Caves nestled deep in the park. For most of the 20th century, Inwood was uninhabited, and it was not until the MTA extended the A and 1 train lines to the undeveloped fields sitting below the hills of Inwood Park. Once these train lines enabled residents to move north, developers began creating the historic Art Deco buildings found throughout Inwood. 

At the northernmost reaches of Inwood, New York residents can find the Wien Stadium, the home stadium for the runners and tennis players of Columbia University. Broadway Avenue runs throughout Inwood, and residents can find plenty of restaurants and a few pubs lining the avenue. 

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Upper West Side 

Bordered by Central Park to the east and Riverside Park to the west, the Upper West Side is an iconic Manhattan neighborhood. There are numerous historic four to five-story brownstones, townhouses, and pre-war co-ops in the UWS. But some of the most breathtaking properties reside along Riverside Drive and West End Avenue. 

The Upper West Side is famous for cultural institutions such as the American Museum of Natural History, the Beacon Theater, and the American Folk Art Museum. But one of the most famous attractions in the Upper West Side is Lincoln Center, home to the Metropolitan Opera, New York City Ballet, The New York Philharmonic, and the Juilliard School of Music. 

After spending an afternoon throughout Lincoln Center, residents can wander over to Broadway, where many big-box retailers and smaller boutiques have shops set up for residents to peruse. Each avenue on the Upper West Side has distinctive restaurants lining the sidewalks. New Yorkers coming to the UWS would be remiss to pass up an opportunity to have a bite and a drink at The Parlour on 86th street.  

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Interested in buying an apartment in Manhattan? Browse listings in your favorite Manhattan neighborhood.

New York City is a special place with a vibrant energy that is just magical. It is no wonder that so many people want to own their own piece of the city, even if they don’t live here on a regular basis as a full-time resident, making it distinct from the owner's primary residence.

Whether you live just outside the city and are looking for a place for weekend retreats, or live in a foreign country and desire a personalized space for New York work trips or extended stays to live like a local, there are lots of reasons to be buying a pied-à-terre in NYC.

Buying a pied-à-terre in NYC

• What is a pied-à-terre?
• What are the benefits of buying a pied-à-terre in NYC?
• Do NYC co-ops have rules on pied-à-terre?
• Are condos a better option as pied-à-terre in NYC?
• What apartment or building amenities attraxt pied-à-terre buyers?
• What neighborhoods are most popular for pied-à-terre?
• Are there additional taxes for when buying a pied-à-terre in NYC?
• How can I make buying a pied-à-terre more affordable?

What is a pied-à-terre?

What are the benefits of buying a pied-à-terre in NYC? 

Do NYC co-ops have rules on pied-à-terre? 

Are condos a better option as pied-à-terre in NYC?

While co-ops make up the largest portion of apartment inventory in NYC, condos often offer the best features in an apartment alongside the fewest ownership restrictions. 

First and foremost, buying a condo in NYC is an easier process than a co-op purchase as the condo board application is usually less rigorous, and once you own the apartment there are generally less rules to abide by. 

For example, you have greater ability to rent the unit to a tenant if you were not planning to use your pied-a-terre for an extended period of time.

Second, the majority of resale condos and new construction condos are quite simply newer than the various pre-war co-op buildings. These newer condos feel more like high end hotels and offer state-of-the-art amenities.

What apartment or building amenities attract pied-à-terre buyers?

Location, location, location is the old adage when discussing real estate. The same is true for pied-a-terres. Proximity to airports and local transportation are one of the key attributes buyers look for as they will unlikely keep a car.

Other NYC apartment attributes pied-à-terre buyers ask for

• Full-service doorman or concierge building
• Efficient, manageable size (600 to 1,200 sqft)
• Comfortable layout (studio, 1 bedroom, or 2 bedroom)
• Fitness center
• Roof terrace / outdoor space
• Washer / dryer in unit

What neighborhoods are most popular for pied-à-terre?

• Upper West Side
• Upper East Side
• Greenwich Village
• Gramercy Park
• West Village
• Tribeca

Are there additional taxes when buying a pied-a-terre in NYC? 

How can I make buying a pied-à-terre more affordable?

Buying a pied-à-terre is usually reserved for the select few who have the extra means to afford it. However, that doesn’t mean you shouldn’t benefit from a more affordable purchase.

When buying New York City real estate, you should work with a local NYC broker that offers a commission rebate to buyers. Prevu, a venture-backed real estate tech company offers a cash back rebate up to 1.5% of your purchase price when you buy with their local experts. 

Interested in buying an apartment in NYC? Browse listings to see what’s available in your favorite NYC neighborhood.

An easy commute to New York City and some of the most desirable real estate on the East Coast make Long Island a top choice for buyers desiring a New York home within striking distance of the Big Apple. 

But in a market where prices have traditionally remained high, careful planning and expert knowledge can make all the difference when buying a home. 

Below, our team from Prevu Real Estate has put together a list of things to consider before buying a house on Long Island.

Key steps to buying a house on Long Island

• Explore your options and choose a neighborhood
• Interview multiple buyer’s agents 
• Save with a commission rebate
• Get a mortgage pre-approval
• Don’t overlook due diligence

Explore your options and choose a neighborhood

Finding the right neighborhood isn’t just about personal preference. There’s a reason this is the first line of business when you prepare to buy a home on Long Island.

The neighborhood you choose to live in can significantly impact your monthly expenses, the price of your home, and how you prepare a budget.

For example, if you’re considering property in Oyster Bay, you’ll probably find steeper price tags than when exploring single-family or multi-family homes in Hicksville. Commuting also plays a significant role in planning your budget and daily routine. The further you are from a Long Island Railroad station, the higher the chance you may have to drive to the station every workday, making gas a meaningful expense and commute time a factor.

Exploring Long Island real estate in Nassau or Suffolk is as much about finding your ideal nook on Long Island as it is planning an effective budget. It is also important to consider access to shopping, as well. Many idyllic towns on the island can be picturesque and enticing, but they may be far from commercial centers.   

Interview multiple buyer’s agents

The home-buying process can be much more complicated than browsing through homes for sale near the Great South Bay and setting aside a down payment. 

Most buyers might overlook the complexity of negotiating with the seller for a better price and the work that is involved in preparing an offer. Working with a professional broker on Long Island can make the process much smoother. 

It is essential to spend time interviewing multiple real estate agents before deciding to work with one. A buyer’s agent accompanies you through every essential step of the home-buying process, from helping you choose the right neighborhood to preparing an offer and negotiating a better price. They also provide local insight into home prices to help you discern which price points are worth considering and can accompany you to open houses. 

They can also be an invaluable resource when recommending home inspectors and real estate attorneys, which can go a long way on Long Island when it comes to inspecting the home and drawing up contracts. 

But one of the most valuable perks of working with a buyer’s agent is securing a commission rebate.

Save with a commission rebate

One of the easiest ways Long Island homebuyers can save money when buying a home is via a commission rebate.

As you interview buyer’s agents on Long Island, be sure to ask whether they offer a commission rebate. Commission rebates are modern real estate tools that savvy buyers use to save thousands of dollars when buying a home. It should be at the top of your list of questions when considering working with a real estate agent. 

Prevu offers the largest rebate in New York and offers buyers a chance to save up to 1% of the sale price of a home. For example, if you were to purchase a $1,450,000 home in Manhasset with Prevu, you could potentially receive a rebate totaling $14,500.

These savings can be significant enough to help offset expensive closing costs and help spur any renovation projects for your new home. 

Get a mortgage pre-approval

Once you’ve selected a Long Island neighborhood and hired a buyer’s agent you feel comfortable working with, you can move forward with the necessary steps to buying a home.

Your first course of action should be getting a mortgage pre-approval. A pre-approval immediately sets you apart from the seller as they can feel confident that you mean business when making an offer. This can put the seller at ease, knowing that the deal won’t fall apart because a buyer might fail to secure financing.

In the early stages of your home search, you can start gathering W-2 forms and bank statements and going over your credit scores so that you can move quickly and apply for a mortgage pre-approval as soon as you find your dream home.

Be sure to explore multiple mortgage lenders to secure an interest rate that works best for you.

Don’t overlook due diligence

For many buyers transitioning from city living to the bucolic suburbs of Long Island, understanding the essential systems of a home can be a new challenge. 

Home inspections are important for anyone buying a home on Long Island. Apart from the general inspection that surveys whether the house is in good condition, there are specific areas home buyers should pay close attention to before buying. Your buyer’s agent can be an invaluable resource at this juncture as they can help recommend the professionals you need.

“I always send homebuyers a list of inspectors that Prevu clients have worked with in the past,” said Prakash Dindyal, a licensed real estate agent for Prevu. “Two of the most important things homebuyers should have thoroughly inspected on Long Island are oil tanks and septic or cesspool systems.”

Be sure to ask for details about the home’s heating and sewage systems. If the home utilized an oil tank and had it replaced recently, it’s imperative to get all the information on who did the procedure and when to ensure it was properly abated. Incorrect handling of an oil tank can lead to leakage that can potentially cost you thousands of dollars down the line for professional clean up.

The same holds true for a septic system or a cesspool. You may need a licensed inspector specializing in those systems to ensure everything checks out before committing to buying the home on closing day.  

Interested in buying a home on Long Island? Browse listings and see how much you can save with Prevu’s SmartBuyer Rebate.

Houses for sale on Long Island

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Browse listings for sale on Long Island

In the heart of the Mile High City, residents can enjoy a glass of wine and a view of the Rocky Mountains, then visit a jazz club all in the same evening. Outdoor enthusiasts have endless opportunities, ranging from horseback riding and skiing to fishing and mountain biking. 

The communities surrounding Denver allow residents to enjoy these amenities without giving up the buzz of city life or weekends outdoors. 

Denver’s suburbs are brimming with a variety of housing styles, from mid-century ranches and historic frontier homes to an endless selection of new construction, townhomes, and luxury residences. 

It’s impossible to go wrong with any of Denver’s suburbs, but each has its own personality. To help your search, the Prevu team compiled a list of Denver’s most popular suburbs.  

Best suburbs of Denver

• Centennial
• Green Valley Ranch
• Arvada
• Golden
• Littleton
• Sunnyside
• Broomfield
• Westminster
• Greenwood Village
• Wheat Ridge

Centennial 

Located 15 miles southeast of Denver, Centennial was incorporated in 2001. Just 12 miles east, The Rocky Mountains can be seen from East Arapahoe Road on a clear day. 

The drive to downtown Denver takes 20 minutes along Interstate 25. Using Denver’s train system, the RTD, Union Station is a 35-minute ride on the E line.

In eastern Centennial, The Streets at SouthGlenn mall hosts familiar eateries and shops in a few short blocks. Near the mall, newcomers will find a variety of condos and apartments to choose from. In southwestern Centennial, Park Meadows mall boasts well known retailers like Apple and IKEA. 

The city’s recent development means most homes are up to date. Southwest Centennial features a plentitude of single-family compounds with sweeping views of the surrounding hills. Much of the remaining parts of Centennial offer single-family homes in picturesque suburban neighborhoods. 

For recreation, residents can frequent the SNÖBAHN Indoor Ski + Snowboard Center, South Suburban Golf Course, and Cherry Creek Reservoir.

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Green Valley Ranch

Directly east of Denver lies Green Valley Ranch, a suburb perfectly situated for access to downtown Denver and Denver International Airport (DEN). 

With I-70 bordering the suburb to the south, the commute to downtown Denver is a seamless 17-mile, 25-minute drive. Peña Boulevard creates the western border of town, making the 11-mile drive to DEN just as smooth. 

Development on the eastern plains of Denver means there are spacious homes of every style available for purchase. Buyers can find split-level ranches or two-story homes with inground pools, attached garages, and generous plots. There are also apartments and condos available near Tower Road. 

Tower Road is lined with well-known grocery stores, restaurants, and retailers. Residents can also enjoy the weekend at Green Valley Ranch Golf Club or one of many community pools. The 15,000-acre Rocky Mountain Arsenal National Wildlife Refuge is also more accessible here than from any other part of Denver. 

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Arvada

Its western side nestled into the Rockies, Arvada is a gateway to the mountains. From here, Denver is 20-minutes away along I-70, while the RTD's G-line can get there in 40 minutes. 

Olde Town Arvada is the heart of town. The quaint streets echo the Old West while featuring local restaurants, taprooms, and boutiques. Commercial centers are speckled all throughout the rest of Arvada so residents can find anything they need. 

Closer to Olde Town, potential homebuyers will find apartments, condos and mid-century ranches. Further from Olde Town, varied housing styles include mountain-view estates, single-family residences, and luxury townhomes. 

Recreation in Arvada is as varied as the housing. There are four golf courses, two nearby wildlife refuges, picturesque lakes and reservoirs, and numerous parks and trails. During wintertime, Arvada residents can enjoy an indoor pool at Apex Center, visit the Cussler Museum, and explore countless wineries and breweries. 

<listing geo_area_ids="17622" number_of_listings=2 show_city=true type="dynamic"></listing>

<smarttip text="Did you know you can save thousands on your Colorado home purchase with a commission rebate? Buying with Prevu you’ll receive a rebate that is a portion of the commission paid to your buyer’s agent." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy!"></smarttip>

Golden

Aptly named, Golden was born of the Pike’s Peak Gold Rush and retains the charming air of a small town on the American frontier.

Considering this suburb is tucked in the foothills of the Rockies, the 25-minute drive to Denver is relatively brief. 

In the heart of town, condos and townhomes make up the housing stock. On the western side of Golden, potential buyers will find luxurious single-family homes. To the south, various types of homes become available, from duplexes to 1970s ranches. 

Aside from enjoying the historic streets of Golden, residents can kayak the Clear Creek White Water Park, explore one of Golden’s 117 hiking trails, or take a tour of the Coors Brewery which dates back to 1873. 

<listing geo_area_ids="17625" number_of_listings=2 show_city=true type="dynamic"></listing>

Littleton

As one of Denver’s historic suburbs, Littleton’s neighborhoods showcase mature trees and plush foliage. Stunning rock formations and waterways abound, granting a variety of outdoor recreation. Hiking, fishing, kayaking, and camping are available to enjoy in Roxborough and Chatfield State Parks. 

Downtown is host to local restaurants, coffee shops, and boutiques where residents enjoy live music and unique art galleries. Recognizable retailers like Target and Safeway are interspersed throughout Littleton’s numerous commercial districts. Directly south in Highlands Ranch, shoppers will find even more options if needed. 

The drive between Littleton and Denver is 25 minutes, while the RTD’s D-line takes you to Denver in forty.

Northeast Littleton features most of the suburb’s housing stock with mid-century ranches, newly constructed single-family homes, and luxury townhomes. Along the western side of Littleton, stately homes can be found amongst the foothills with views of golf courses and rock formations. 

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Sunnyside

Proximity to Denver means that Sunnyside has been a popular place to live since the late 1870s.

Many of the neighborhood’s original single-family homes were built between the 1890s and 1960s, with many being gracefully maintained and updated to retain their original charm. If you’re looking to move to Sunnyside, everything from its original homes to modern single-family homes and contemporary duplexes are available. 

In the late 1880s, many Italian immigrants started new lives in Colorado, settling in Sunnyside. Traditional Italian cuisine became a staple, and can still be enjoyed in and around the area. 

Sunnyside is so close to downtown Denver that travelers won't need to use a highway to get there. You simply cross I-25 to reach Denver in five to ten minutes. 

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Broomfield

Many of Broomfield’s parks and outdoor spaces open up to pristine views of the Rocky Mountains. 

Along highway 36, the drive to Denver takes about 25 minutes. Access to the iconic Eldorado Canyon and Rocky Flats National Wildlife Refuge are equally close. In the summer, families escape the heat at Bay Aquatic Park. 

Big-box retailers line 120th Avenue to the south and Route 287 to the east, satisfying any shopping urges of Broomfield’s residents. 

Meandering subdivisions are spread all across Broomfield, many of which double as golfing communities. These neighborhoods offer private single-family homes. In Broomfield, mid-century homes, ranches and new construction characterize the housing stock. 

If you’re looking to live in an apartment, townhome or condo, several options are available in Broomfield along Lowell Drive. 

<listing geo_area_ids="17629" number_of_listings=2 show_city=true type="dynamic"></listing>

Westminster

You can find essentially everything that you could hope for in Westminster. 

Its central location amidst all of Denver’s suburbs gives locals access to all the city has to offer. Some of Westminster’s notable features include Front Range Community College, St. Anthony North Hospital, a lively outdoor mall known as The Orchard Town Center, and the Denver Premium Outlets. 

Residents rarely need to leave Westminster but Denver is only a 15-minutes away via the I-25 when needed.

To the south, where Route 36 intersects with 88th Avenue, a number of commercial areas are home to local restaurants and shops. Recreation opportunities are just as abundant with seven golf courses, a go-kart track at Adventure Golf and Raceway, Standley Lake Open Space, and an array of trails and parks.. 

Westminster’s housing ranges from spacious single-family homes in established, peaceful subdivisions to newly constructed townhomes. For homebuyers with cost of living in mind, Westminster is an option worth considering. 

<listing geo_area_ids="17628" number_of_listings=2 show_city=true type="dynamic"></listing>

Greenwood Village

Divided roughly in half by I-25, the drive from Greenwood Village to Denver can take as little as ten minutes in easy traffic. The RTD’s E-line also runs through the middle of Greenwood, opening up other commuting options. 

Residents here benefit from easy access to both Cherry Creek Reservoir for boating and fishing and Fiddler’s Green Amphitheatre for an outdoor evening of live music. Just north, Cherry Hills Village offers even more golf courses, tennis clubs, and country clubs. 

Nestled amongst the trees of Greenwood Village, luxury homes in Autumn Hills and Orchard Hills neighborhoods draw would-be residents who long for the quiet life. 

The Streets at SouthGlenn and other grocery stores and shops along Route 177 can easily be accessed from the western side of Greenwood Village. The east side of Greenwood, where Arapahoe Road meets I-25, offers well-known shops and restaurants like REI and Chick-fil-A. 

<listing geo_area_ids="17632" number_of_listings=2 show_city=true type="dynamic"></listing>

Wheat Ridge

Suburban development began in the area during the Gold Rush and continued as an agricultural community started to thrive in the 1900s. 

As a result, the majority of the homes in Wheat Ridge are well-maintained, mid-century ranches. The Northwest corner of Wheat Ridge has seen the development of brand new townhomes near Ward Rd. 

Proximity to Denver is one of Wheat Ridge’s most appealing traits. At their nearest points, the two cities are only four miles apart. With clear roadways, the commute can take as little as 12 minutes. 

Wheat Ridge’s primary commercial corridor is adjacent to Wadsworth Boulevard where local and chain restaurants and shops alike offer residents whatever they need. 

Crown Hill Park offers a series of trails that encircle Crown Hill Lake and wind through the wildlife sanctuary at Kestrel Pond. Here, members of the community enjoy birdwatching and breathtaking views of the Rocky Mountains. 

<listing geo_area_ids="17631" number_of_listings=2 show_city=true type="dynamic"></listing>

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Prospect Park’s 526 acres are a centerpiece of Brooklyn’s cultural and outdoor scene. Home to the Brooklyn Botanical Garden and the Prospect Park Zoo, the expansive space has no shortage of pop-up events and concerts, no matter the season.

Those considering a home in Brooklyn have probably heard of the iconic neighborhoods surrounding Prospect Park, but pinpointing the perfect one isn’t as easy as it may seem.

Below, the team from Prevu Real Estate will take you on a local tour of some of the top Brooklyn neighborhoods near Prospect Park, from the legendary brownstones of Park Slope to the residential charm of Windsor Terrace.

Best Neighborhoods near Prospect Park

• Prospect Heights
• Crown Heights
• Park Slope
• Prospect Lefferts Gardens
• Windsor Terrace
• Kensington

Prospect Heights

Crowning the northern tip of Prospect Park, Prospect Heights offers three primary perks: easy access to Manhattan, the park at your doorstep, and a wealth of cultural diversity.

You’ll know you’re in Prospect Heights when you catch sight of the breathtaking Grand Army Plaza archway, completed in 1889 to memorialize Union soldiers while serving as a grand entrance to the park.

No matter which street you take from there, some of Brooklyn’s most storied and desirable homes will be displayed. Pre-war masterpieces from the late 1800s showcase classic co-op layouts made prominent during that era. Expect to find high ceilings, vast living spaces, and even functioning fireplaces in these buildings.

Prospect Heights is small, though much of it is a designated historic district. Opulent Italianate and Neo-Grec home styles - the pinnacle of the brownstone era - line the entirety of Eastern Parkway, one of the neighborhood’s most picturesque streets.

But Prospect Heights is no stranger to a modern touch; just head to its northwest tip.

Barclays Center and the surrounding shopping districts give residents access to virtually every convenience, whether catching a Nets game or shopping at Whole Foods. The same convenience extends to commuting.

Grand Army Plaza’s subway station grants you access to the 2 and 3 trains, while the 7th Ave stop, just a few blocks away, provides the Q express train and a straight shot to Midtown Manhattan.

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Crown Heights

Spanning almost two miles long, Crown Heights is a panorama of diversity, historic architecture, and boundless entertainment.

A melting pot of cultures, Crown Heights champions its ethnic mosaic through various home-grown businesses and cultural events. Caribbean, African-American, Hispanic, and Jewish roots have been prominent in Crown Heights for many years. The priceless contributions they’ve made to the neighborhood’s distinct character are visible in its iconic locales, such as Gloria’s Caribbean cuisine and Colina Cuervo’s Ecuadorean-inspired cafe.

The sheer size of Crown Heights allows for multiple thoroughfares that make any lifestyle accessible. Nostrand Avenue hosts countless popular locales and bars; Franklin Avenue is a go-to for traditional Mexican food; and Kingston Avenue is home to the Crown Heights Historic District and multiple museums.

Take some time to get to know the neighborhood, and you’ll realize how important the community is for its residents. NYC may be notorious for its sea of strangers, but Crown Heights clings tightly to its “stoop life” culture, and many neighbors are on a first-name basis.

You won’t have any trouble finding your new favorite restaurants and shops, and you won’t have trouble keeping your weekends busy.

Crown Heights has direct access to Prospect Park to the west, and that access comes with a unique perk: the Brooklyn Botanical Garden and the Brooklyn Museum. But if you’re not up for discovering new flora and fauna or perusing art exhibits, you can also take advantage of the nearby Prospect Park Zoo.

Depending on where you are in Crown Heights, you’ll take the 2,3 or 4 lines on Utica Avenue or the A and C lines on Fulton Street, with both routes providing easy access to Midtown Manhattan.

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Park Slope

One of Brooklyn’s most desirable neighborhoods, Park Slope has steadily evolved into a near-perfect mix of residential bliss and big-city convenience.

Famous for its endless rows of luxurious brownstones, Park Slope can seem as exclusive as Park Avenue and as laid-back as the East Village, all at the same time. 

Move here, and you can have a favorite coffee shop for every day of the week, taste every imaginable cuisine, and use Prospect Park as your personal playground. You’ll have access to almost everything you need, whether it’s a fully-equipped gym, a local farmer’s market, or some of the best vegan burgers in Brooklyn.

Park Slope’s eclectic mix of upscale and casual is seamless; you can experience fine dining with a pre-fixe dinner or order hot wings and a beer all on one block. The yoga studios, local bookstores, thrift shops, and boutiques all organically intertwine amid Park Slope’s tree-lined streets.

You may have to sacrifice proximity to the subway if you want proximity to Prospect Park, depending on where you settle. The park is accessible from anywhere in Park Slope, but the closer you get to it, the further you’ll have to travel to get to the subway.

Two trains will be available to you here: the F and G lines and the N, R, and W. Both lines have stations along 9th Street, but the 7th Avenue stop is the closest to the park.

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Prospect Lefferts Gardens

Sometimes called the “Upper West Side of Brooklyn,” Prospect Lefferts Gardens checks all the boxes: a direct commute to Manhattan, easy access to Prospect Park, and a robust cultural fabric.

Flatbush Avenue is the lifeblood of the neighborhood; it was the cornerstone of the area even before Prospect Lefferts Gardens got its name. This is where you’ll find a display of Lefferts Garden’s rich ethnic diversity. Dominican, Caribbean-American, and Mexican cuisine create a palate of unparalleled dining options that aren’t easy to find anywhere else.  

Similar to all the neighborhoods surrounding Prospect Park, Lefferts Gardens has its own collection of majestic pre-war architecture. The Lefferts Manor Historic District, in particular, offers a glimpse into the opulence that dominated the area at the turn of the century.

Stately Italianate brownstones, immaculate Victorians, and Neo-Renaissance buildings showcase the elegant details of their era, from classic brick and limestone exteriors to spacious, detail-rich interiors.

Convenient transportation is a primary boon of Prospect Lefferts Gardens. The Prospect Park station offers the B, Q, and S lines, and the nearby Sterling Street station serves the 2 and 5 trains, making a trip to Manhattan or other parts of Brooklyn a breeze.   

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Windsor Terrace

While most of Prospect Park’s top neighborhoods vie to blend city pace and convenience with their residential character, Windsor Terrace prefers to fly under the radar.

This will be the ideal neighborhood for homebuyers looking for a quiet pocket of tranquility that still grants easy access to the best of Brooklyn.

Windsor Terrace has a particularly unique location. Not only does it access the southern part of Prospect Park and Prospect Park Lake, but it also borders the legendary Green-Wood Cemetery. While a cemetery isn’t quite synonymous with cheerfulness, the Green-Wood Cemetery is a historical attraction and one of Brooklyn’s largest green spaces. 

Don’t expect streets lined with bars and shops in Windsor Terrace. The neighborhood meticulously preserves its residential charm; only a few coffee shops and dining options are available.

But you can rest easy; whenever you crave shopping and dining, just head a few blocks west to South Slope. The neighborhood appears when you cross Prospect Park West, Windsor Terrace’s western limit.  There, you'll find a selection of local shops, cozy cafes, and family-owned restaurants.

Commuting can get tricky here, however. Only two stations, on the northern and southern tips of Windsor Terrace, connect the neighborhood to the rest of New York City. Both stations only serve the F and G lines. This can make commuting complicated whenever either line undergoes maintenance, but bus lines are always available as backup options.

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Kensington

Similar to Windsor Terrace, Kensington leans into its residential qualities. Yet, it doesn’t sacrifice a wealth of shops and restaurants in the process.

Though Kensington doesn’t directly border Prospect Park, it’s connected to it via the Kensington Dog Run. One block north and you’ll be right in the park itself, though getting there may take longer if you settle in the southern reaches of Kensington.

The neighborhood's primary street is Ocean Parkway, which splits Kensington down the middle and displays the area’s most coveted pre-war co-ops and apartment buildings. The wide avenue also role-plays as a park of its own, making it especially convenient for homebuyers who choose to settle further from Prospect Park.

For Kensington’s primary thoroughfare, head to Coney Island Avenue, the neighborhood’s eastern limit. This is where you’ll discover the neighborhood’s selection of local shops, bakeries, restaurants, and bars. From there, venture a little deeper into Kensington, and you’ll find almost everything you need, from car repair shops and cleaners to banks and pet-sitting services.

Commuters will need to get acquainted with McDonald Avenue, which serves as Kensington’s western border. Here you’ll get access to three well-distributed subway stations that can connect you to the F and G lines. Though the choices are a bit limited, there are plenty of buses to help you get to where you need.

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Located just across the Hudson River from New York City, Jersey City is a diverse and booming area in New Jersey. Depending on what Jersey City neighborhoods you check out, you will find a thriving downtown or venture into quiet residential streets with great views and vast green spaces. 

If you are considering a move to Jersey City, you may need help figuring out where to start. Below we highlight a quick guide to the best neighborhoods in Jersey City, NJ. 

Best Neighborhoods in Jersey City

• Downtown Jersey City
• Journal Square
• Bergen-Lafayette
• Greenville
• McGinley Square
• The Heights
• Paulus Hook

Downtown Jersey City 

Down by the waterfront, you will find the downtown of Jersey City. From waterfront parks with stunning views to various places to eat, Downtown JC has it all. 

This bustling area is a mecca for foodies and folks chasing the best lunch spots. From young families, to lifetime Jersey residents, you can find them moving to the Downtown area. Places like The Kitchen Step and Uncle Momo are known for their weekend brunch crowds. 

You can find a conveniently located diverse selection of multicultural cuisines in Downtown, such as Italian, Japanese, and Indian. After grabbing a bite to eat, many folks head out to fun music venues like White Eagle Hall and The Brightside Tavern to enjoy the lively nightlife scene. 

Downtown’s outdoor attraction is Liberty State Park. Here you’ll find the Science Center, several trails to explore, a lawn for picnics, and even a ferry terminal providing easy access to the Statue of Liberty on Ellis Island. 

But what draws many people to Downtown Jersey City are the transportation options 

The PATH train, bus routes, and even a ferry connect Downtown Jersey City to Manhattan. Downtown also has a unique real estate market for aspiring buyers which includes a mix of swanky high-rise condos near the waterfront and down-to-earth brownstones in Historic Downtown. 

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Journal Square

People who want to live in Jersey City, but have to travel throughout the rest of Jersey a lot, you should check out Journal Square.This neighborhood offers many public transit options, including PATH trains, NJ Transit trains, and buses at the Journal Square Transportation Center, which recently underwent renovations. 

The newly completed center offers commuters a variety of new shops, restaurants, and other conveniences. If you are looking for a quick cup of coffee, City Cafe and Bakery is an easy stop on the morning commute. For dinner, you can find a host of restaurants lining Newark Avenue. 

Like Downtown, Journal Square has plenty of new construction condominiums popping up. But the farther you go from the transportation center, the more historic multi-family walk-ups and single-family homes you’ll find. 

But you can still find pockets of old New Jersey in spots like the Landmark Loew's Jersey Theatre, a storied establishment from the 1920s where you can still catch a show. 

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Bergen-Lafayette 

Only some people coming to Jersey City are looking for an easy route to Manhattan. 

Others come for the historical homes, community gardens, and a burgeoning arts scene, which are defining features of Bergen-Lafayette. Located south of Journal Square, this neighborhood has a mix of brownstone homes, new developments, and a smattering of remodeled homes. 

You can find great greenspaces like Arlington Park, Berry Lane Park, and Lafayette Park, which has a pool for locals to cool down amidst an urban landscape. Communipaw Avenue is one of Bergen-Lafayette’s main drags, where folks can grab a quick coffee or sitting down for a bite to eat at The Factory. 

Deep Space JC is the local art gallery where you can find a revolving cast of local and national artists’ work for sale throughout the year. 

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Greenville 

Folks looking for a suburban lifestyle within reach of NYC should check out Greenville. Named after Revolutionary War hero Nathanael Greene, this neighborhood had an industrial history. But after zoning changes, Greenville has a more residential feel today. 

Many single-family homes and small apartment buildings available for purchase. Many houses sit on tree-lined streets that bring a bit of greenery to an otherwise urban city. And places like Columbia Park, McGovern Park, and Mercer Park provide locals with plenty of places to unwind after a busy week. 

On the weekends, you can find residents hitting the links at the Liberty National Golf Course, which has fantastic views of the New York Harbor. If golf is not your game, you can head to the RPM Raceway, where folks can hop on a go-kart to race their friends. 

Greenville may not have as many dining options as Downtown, but you can find fantastic Italian food at Laico's on Terhune Avenue. 

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McGinley Square 

Located in the heart of Jersey City, McGinley Square is a happening neighborhood filled with shops, eateries, and other small businesses. Homebuyers will find a lot of character packed into this small neighborhood, which has a mix of new developments and older homes on tree-lined streets. 

McGinley Square has more public transit options than Greenville yet still retains a suburban feel. While other parts of JC, like Downtown, are known for their nightlife, McGinley Square is famous for its great food. Family-run Lee Sims Chocolate Shop is a staple in the neighborhood, providing custom confectionaries for locals. 

Another popular spot is Wonder Bagels, which arguably makes some of the best bagels in Jersey City. Shopping enthusiasts, meanwhile, should explore The Clearport. Its chic, airport terminal aesthetic comes alive as you tour the aisles, with streetwear brands and other companies on display. 

McGinley square is perfect for folks who love to be outdoors, as the expansive Lincoln Park is only a few blocks away, as is the Skyway Golf Course, on the shores of the Hackensack River. 

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The Heights

If you are looking for some of the best views of the NYC skyline available in Jersey City, you should check out the homes in The Heights. 

Homes in this area of Jersey City command top dollar, as they have picture-perfect views from the top of the Palisades Cliff. Many homes are from the turn of the century, with Victorian homes, rowhouses, and brownstones dating back to the early 20th century. 

Yet homebuyers can find plenty of new construction condos with similarly striking views. Folks living in The Heights have the city at their fingertips, with easy access to public transportation and a happening restaurant scene. 

Central Avenue is the heart of The Heights, where locals shop at mom-and-pop clothing and shoe stores lining the road. But no matter which part of The Heights you live in, a coffee store or hip bar is always within reach. 

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Paulus Hook 

Right across the river from Downtown Manhattan is Paulus Hook, one of the most beautiful neighborhoods in Jersey City. 

The name hails from the Dutch language, with "hoeck" translating to "point of land." This is an apt description, as this elevated area near the waterfront sits above Hudson, Van Vorst, and Montgomery Streets. 

You can expect to find plenty of new construction condos dotting the streets of Paulus Hook, as the prime location makes it perfect for viewing the Manhattan skyline from big bay windows. But you can also find stunning brownstone rowhouses in the area, like on Grand Street.

When it comes to getting around, there is a light rail station on Essex Street, but the most scenic way to get around is the ferry. There is a terminal to the south at the end of Morris Street near the Morris Canal Park, and one at Paulus Hook pier, right near the Colgate Clock. 

Montgomery Street is where folks head out to dine in Paulus Hook, where there are staples like Liberty Prime Steakhouse, Milano's Deli, and Muteki Ramen.

<listing geo_area_ids="19559" min_price=750000 max_price=3500000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

Interested in buying a home in Jersey City? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

Each city provides plenty of reasons to put down roots, whether you are a city-goer or someone who loves the outdoors. And like gold miners rushing to San Francisco back in the 1840s, digital workers find their riches at the tech firms that call this slice of the Golden State home. 

Yet it is not always clear what reasons might push you to make a big move here. To help inspire people still on the fence about NorCal, our team at Prevu Real Estate compiled some of the top reasons to move to the Bay Area this year.

Top reasons to move to the Bay Area

• The climate is just right
• Lots of outdoor fun
• Great career options
• Each city has a distinctive feel
• Strong sports culture

The climate is just right 

Many people think that all of California is endless heat and no rain. While this is true in Los Angeles, Northern California has much milder conditions. 

Unlike the scorching heat to the south, the Bay Area has a temperate Mediterranean climate in the summer. It gets hot in June and July, but certain areas stay cooler than the national average on the heat index. 

For instance, the rising heat of San Francisco draws in cool air from the Pacific, creating a near-daily fog for a few hours. The city is almost always ensconced in a fog sometimes, pushing locals to name it Karl the Fog. 

Even the hardiest of Bay Area locals have to bust out the light jacket and scarf as it cools down in winter. But this is not parka weather like you will find in the Pacific Northwest, as winter temps usually hover around 50 degrees. 

For people from New York City looking to move west, the Bay Area may be the best bet for finding some seasonal weather close to what they know back out east. Part of the appeal of the great weather in the Bay Area is it makes going outdoors fun at almost any point in the year. 

Lots of outdoor fun 

Most cities have a handful of outdoor features that define the area. 

The San Francisco Bay Area is different as it offers residents sandy beaches, tidal marshes, tall mountains, and towering redwood forests. Most people think of the famous Muir Woods in Marin County, but you do not need to leave the Bay Area to see these towering trees. 

The San Francisco Peninsula separates from California at the base of the San Francisco Bay, creating a unique environment filled with dense groves of Coastal Sequoia Redwood trees. While the peninsula's eastern side is home to cities like Menlo Park, there are miles of hiking trails just a few miles west. 

While the weather is cooler in NorCal, it still warms up and that heat draws folks to the many beaches in the area. Near the cliffs of the Presidio of San Francisco is Baker Beach, where locals lounge out and take photos against the backdrop of the Golden Gate Bridge. Word to the wise, do not go swimming at this beach since powerful currents form here that go in and out of the bay.

A much better place to take a dip in is Ocean Beach, on the western side of Outer Sunset. Sea kayaking is a popular pastime for people living in the Bay Area, as there are over 400 miles of shoreline to explore. 

Yet, in between the fun and sun, locals have to work. Luckily, there are many great companies to hang your hat at in the Bay Area. 

<smarttip text="Did you know you can get a rebate from your broker in the Bay Area? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $1,500,000 property, you’d receive up to $15,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy!"></smarttip>

Great career options 

Back in the 1950s, semiconductor companies set up shop in the sleepy basin of the San Francisco Bay Area. The roots these companies laid gave rise to modern tech culture as we know it in America today. 

Silicon Valley grew from these firms, and decades of innovative companies have set up shop in places like San Mateo, Palo Alto, San Jose, and more in the years since. It is common to see graduates from UC Berkeley, Stanford, and the University of San Francisco open up new tech start-ups in the area with funding from the VC firms in Silicon Valley. 

If recent grads are not starting their own companies, they are working at high profile places like Meta, Google, Apple, or other leading names in tech or AI. But high-tech is not the only career choice in town. There are plenty of environmental careers in the area, as ecology is essential for maintaining the Bay's ecosystem. 

And those who study medicine in the Bay Area end up staying after they get their degree to work at one of the many clinics and hospitals. 

Each city has a distinctive feel 

Considering that there are so many cities in the Bay Area, each region has a distinctive culture. And you do not even need a car to visit each one. The Bay Area Rapid Transit, a public transportation service, makes it easy to explore almost every city in the West and East Bay. 

San Francisco is a vibrant metropolis where artists, tech savants, and other professionals gather to enjoy a day out at Golden Gate Park, the San Francisco Ballet, the Palace of Fine Art, or the San Francisco Opera. 

Across the Bay in Oakland, an eclectic art and food community exists in a blended urban and suburban city. The Port of Oakland is the fifth largest in the country and the busiest port in the Bay Area. 

To the South is San Jose at the base of the Bay, where homebuyers can find some of the most expensive real estate in the United States. Firms like PayPal, Cisco Systems, and Adobe have offices in San Jose, creating a solid corporate culture in the area. 

Those looking for a great blend of laid-back California life and a robust work culture should focus on Menlo Park. This city feels more like a suburb than a city, and it comes complete with a lively downtown. 

There are rows of coffee shops and restaurants sharing a strip of El Camino Real with boutique shops in Menlo Park. This area is an excellent city for commuters as the Dumbarton Bridge connects drivers to Fremont across the Bay.  

Strong sports culture 

Going out for a day on the water or an outing in the woods is not for everyone, just like many folks do not like spending their day shopping. 

Luckily, there are a lot of sports teams to keep you occupied in the San Francisco Bay Area. And there is a team for just about any sport you follow, whether it is baseball, hockey, football, soccer, or basketball. In fact, the Sports Business Journal said in 2020 that San Francisco was the sports city of the decade. 

With the World Series-winning San Francisco Giants and the NBA phenoms, the Golden State Warriors, it is easy to see why people who live in the Bay Area love their teams. There is a strong hometown love for the San Francisco 49ers, even though they lost the Super Bowl to the Patriots in 2019. 

The San Jose Sharks are also a formidable force in the NHL, drawing huge crowds to the SAP Center Arena in the city. Across the Bay, fans of the Oakland A's and the Raiders fiercely defend the honor of their teams at hometown games. 

Interested in buying a home in the Bay Area? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

Prevu Real Estate, Inc. is a licensed real estate broker in California, license number 02134758.

Across the Hudson River and boasting a formidable skyline of its own, Hoboken has established itself as one of the best places to live in New Jersey. With its dreamy waterfront, boutique size - only 1.25 square miles - and the seemingly endless assortment of charming restaurants, cafes, and shops, the “Mile Square City” gifts its residents a seamless commute to the Big Apple while still retaining a jam-packed itinerary of entertainment options to entice its residents.

Hoboken may seem tiny, but its real estate and entertainment offerings more than make up for the lack of square mileage. One can argue that living anywhere in Hoboken is good enough, but a few select neighborhoods and areas showcase the very best of one of New Jersey’s most popular cities.

Below, the Prevu team will highlight the top areas and places to live in Hoboken, from the majestic waterfront with views of Manhattan to the heartbeat of Downtown Hoboken.

Best neighborhoods in Hoboken, New Jersey

• Downtown Hoboken
• Uptown Hoboken
• Southwest Hoboken
• Northwest Hoboken
• Columbus Park
• Castle Point
• The Waterfront

Downtown Hoboken

Hoboken's hustle and bustle are much grander than the city’s size may suggest. Although Hoboken doesn’t technically have officially outlined neighborhood boundaries, it’s become common knowledge which areas can be called what.

Downtown Hoboken technically begins from 3rd Street, encompasses the lively energy of 1st Street, and culminates in the convenience of the Hoboken Terminal. Make no mistake that living in Downtown will virtually guarantee you one of the fastest commutes to NYC available in NJ.

The heart of Downtown Hoboken lies in its exquisite selection of eateries, bars, restaurants, and historic landmarks. The city’s boutique size gives residents the opportunity to get to their favorite locales without a tiring trek, so even if you settle in the northern reaches of Hoboken, you won’t have to travel far to get to the city’s top spots.

Although Hoboken is known to feature historic brownstones and some single-family homes, the Downtown section is a formidable display of some of the best condos available in New Jersey. You’ll have plenty to explore in terms of modern amenities and high-rise apartments with stunning views of the Manhattan skyline.

Uptown Hoboken

Stretching roughly from 8th Street to 14th Street, Uptown Hoboken boasts a perfect blend of modern amenities, historic charm, and picturesque waterfront views.

Frank Sinatra Drive pays homage to Ol’ Blue Eyes and his birthplace in Hoboken, but it also serves as one of the city’s most stunning waterfront sections. Breathtaking views of the Manhattan skyline and the Hudson River are displayed here, making it a favorite spot for locals. The waterfront also hosts several parks, including Maxwell Place Park and Elysian Park, where residents can enjoy green spaces, playgrounds, and seasonal events.

Though assuredly more tame than its downtown counterpart, Uptown Hoboken still boasts a solid selection of eateries and shopping options.  

The area’s section of Washington Street, Hoboken’s main thoroughfare, is lined with trendy boutiques, cozy cafes, and gourmet restaurants. Elysian Cafe, one of Hoboken's oldest establishments, offers a delightful taste of history with its classic French bistro fare. For those who enjoy a more modern dining experience, Halifax at the W Hotel serves up delectable seafood dishes with a view.

The further you get from Downtown Hoboken, the further you are from its primary commuting hub, Hoboken Terminal. But luckily, Uptown Hoboken features access to the 14th Street Ferry Terminal, which provides commuters with a quick and scenic route across the Hudson. Several NJ Transit bus routes also offer direct service to Port Authority from here. 

Southwest Hoboken

Southwest Hoboken shares a border with Jersey City to the west and is lined by Observer Highway to the south. It will take residents further away from the hustle and bustle of the waterfront.

While the neighborhood doesn’t enjoy direct access to the Hudson River, it compensates for it with a more relaxed vibe, featuring less crowds, more local and laid-back establishments, and easy access to Jersey City and its unique neighborhoods.

True to Hoboken’s penchant for having unlimited options to restaurants, this slice of the city offers a variety of culinary experiences. Whether you're in the mood for a casual bite at The Antique Bar & Grill or looking to enjoy craft cocktails at The Stewed Cow, Southwest Hoboken has something to cater to almost every taste. The area is also home to several popular brunch spots and artisanal coffee shops, perfect for weekend mornings.

Southwest Hoboken housing stock features a mix of condo buildings, single-family homes, and townhouses, offering buyers plenty of options when home hunting.

Commuting from here is almost as simple as commuting from Downtown Hoboken. You’ll have to add an extra few minutes to get to the Hoboken Terminal, but from there, access to PATH trains, NJ Transit trains, buses, and ferries creates an easy commute to Manhattan and other parts of New Jersey. The neighborhood's strategic location also offers quick access to major highways, such as Interstate 78 and Route 139.

<smarttip text="Did you know you can get a rebate from your real estate broker in New Jersey? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $1 million property, you’d receive up to $10,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn about commission rebates"></smarttip> 

Northwest Hoboken

Located roughly from 8th Street to 16th Street and bordering Jersey City Heights to the west, Northwest Hoboken is characterized by its blend of industrial heritage and modern development, making it a vibrant and appealing place to live.

One of the area’s highlights is its array of recreational and green spaces. The ResilienCity Park, Hoboken's largest park, is a central hub for outdoor activities and community gatherings. The park is also designed with sustainable features to manage stormwater, showcasing the community’s commitment to environmental stewardship.

While the area is a bit further away from Downtown and the hustle and bustle of Washington Street, you won’t have difficulty accessing an eclectic mix of restaurants, bars, and cafes. 

Grab a pint at the Pilsener Haus & Biergarten, create your own morning coffee routine at bwè kafe, or make evening plans to dine at Barbes. You’ll also gain the extra perk of living next to a Trader Joe’s, so grocery shopping should be a breeze. 

Settling in Northwest Hoboken means living in the upper reaches of the city. Depending on where you’ll be commuting to in NYC, it may not make sense to travel all the way to Hoboken Terminal to hitch the PATH. The good news is that Willow Street has a stop servicing multiple NJ Transit buses that travel through the Lincoln Tunnel and connect commuters to Times Square 42nd Street in roughly 30-40 minutes.

Columbus Park

Nestled between 9th and 10th Streets is one of Hoboken's most coveted areas. Centered around the lush Columbus Park, the small residential pocket is almost squarely in the middle of Hoboken, making it a prime location to access any part of Hoboken you wish without much hassle.

The park itself is worth considering laying roots in this area. Featuring well-maintained lawns, mature trees, and a storied gazebo, Columbus Park also connects to JFK Stadium, which regularly features collegiate athletics. Residents can enjoy tennis courts, basketball courts, playgrounds, and open fields perfect for picnics. 

Real estate in the Columbus Park area includes a mix of historic brownstones, classic townhouses, and modern condos. You’ll likely find plenty of unique housing options here, so if you’re in the market for something unique and timeless, consider making Columbus Park your first area to explore.

Columbus Park's central location provides residents with easy access to the best Hoboken offers. Washington Street, with its selection of shops, cafes, and restaurants, is just a stone’s throw away. Northwest Hoboken and its ResilienCity Park is also a few blocks north. If you feel like exploring Jersey City, you’ll only have to face a short commute before you’re in the heart of the Heights.

As one would expect of a central location, commuting options will be the most varied from here. You can take advantage of Northwest Hoboken’s Willow Street stop for buses to Times Square or venture to Hoboken Terminal to grab a ferry or PATH train to the downtown sections of Manhattan. 

Castle Point

Castle Point is one of Hoboken’s most picturesque and historically rich neighborhoods, providing some of the most breathtaking panoramic views of the Manhattan skyline and the Hudson River available in the city.

You can’t mention Castle Point without mentioning the Stevens Institute of Technology. 

The iconic university has been a cornerstone of the neighborhood since its founding in 1870. The campus itself is a blend of historic and modern buildings, and its beautifully landscaped grounds are open to the public, offering residents access to green spaces and spectacular viewpoints.

Castle Point is also known for its distinctive brownstones and historic homes, many of which date back to the 19th century. These properties feature classic architectural details, such as intricate facades, wrought-iron railings, and grand stoops, contributing to the neighborhood’s timeless charm. 

Castle Point should be the natural option for those who can’t part with easy access to the best of Hoboken’s entertainment and dining scene but who demand a unique oasis for their home. 

Washington Street, with its array of shops, cafes, and restaurants, is right near Castle Point, and all the lively haunts of Downtown Hoboken are just a few minutes away. Yet, the university’s presence and the direct access to the waterfront help maintain the neighborhood’s sense of exclusivity and tranquility, even though it’s so close to the action.

The Waterfront

Last but definitely not least, Hoboken’s Waterfront area is a dazzling showcase of modern living, offering residents luxury, convenience, and scenic beauty. Stretching along the Hudson River from the southern tip to the northern edge of Hoboken, this area is renowned for its breathtaking views of the Manhattan skyline and its array of high-end amenities.

One of the most compelling features of The Waterfront is the stunning promenade that runs the length of the riverfront. The scenic Hudson River Waterfront Walkway provides residents with a beautiful space for exploring and relaxing while enjoying an unparalleled backdrop of the Manhattan skyline. 

The real estate along The Waterfront is among the most coveted in Hoboken. Luxurious high-rise condos and modern apartment complexes dominate the skyline, offering residents state-of-the-art amenities and unparalleled river views. The condo buildings here often feature upscale amenities such as fitness centers, rooftop terraces, swimming pools, concierge services, and private parking.

Apart from the Waterfront Walkway, the area also gives residents access to unique greenspaces such as Stevens Park and Sinatra Park, along with the Sinatra Park Pier and Pier A Park, which extends to offer arguably the best view of the city available in Hoboken. Rest assured that your outdoor activity needs should be well satisfied if you decide to settle on the Waterfront. 

The Waterfront is also gifted with a sublime location: it’s located right next to Downtown and the Hoboken Terminal. This means you’ll get easy access to PATH trains, NJ Transit buses, and ferries to Manhattan, making for varied and easy commutes to NYC.

Homes for sale in Hoboken, NJ

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Browse listings for sale in Hoboken

Located in the southern end of the San Francisco Bay Area, Silicon Valley is home to some of the most cutting-edge research institutions and innovative technology companies. That means it attracts top-tier engineers and executives looking for the best homes to buy. 

Luckily, between San Mateo and San Jose, there are great cities and towns with downtowns filled with boutique shops and farm-to-table restaurants, a wide range of housing styles, and plenty of outdoor activities to enjoy. 

But figuring out where to start your search for a home can seem overwhelming. That is why our team at Prevu Real Estate introduced a quick list of the best towns and cities to live in Silicon Valley. 

Best places to live in Silicon Valley

• Palo Alto
• Los Altos
• Cupertino
• Menlo Park 
• San Mateo
• San Jose

Palo Alto 

Home to the prestigious Stanford University, Palo Alto draws many people planning to attend school and get a taste of life in the Bay Area. 

From storied Mediterranean-style construction to elaborate sculpture gardens, art is part of daily life in Palo Alto. That beauty extends to the homes in the area, where terracotta-tiled roofs and large plots of land are standard. 

You can find old Storybook-style homes in Old Palo Alto, while newer post-modern compounds are in the hills south of Stanford. But you can also find great condos for sale closer to El Camino Real. 

This street acts as the main commercial corridor in Palo Alto, where you can find students sipping on coffee between classes and locals grabbing groceries after a day of work. The top firms in Palo Alto are Tesla, VMWare, Palantir Technologies, and HP Enterprise. 

But if you need to commute to other cities for work, Caltrain has a stop right off El Camino Real to head north towards San Francisco or south towards San Jose. 

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Los Altos

While all of Silicon Valley offers affluent lifestyles, Los Altos is a step above the rest. 

The city is one of the most expensive in America and has high median home prices. But, considering the natural beauty, charming homes, and proximity to other Silicon Valley cities like Mountain View, it is easy to understand why living in Los Altos commands a lofty sale price. 

With hot and dry weather dominating the forecasts, Los Altos stays temperate throughout the year. Though traffic can get a bit hectic during rush hour, locals may avoid most of it thanks to the Foothill Expressway. Residents can also use the Junipero Serra Highway to the west to skip the rush hour crunch. 

The western side of Los Altos is stunning, as the rolling hills of the Foothill Nature Preserve and the Rancho San Antonio County Park create a backdrop to the city. You can find the centralized shopping district in North Los Altos, just off North San Antonio Road; this is where locals might go for groceries at Draeger's Market or clothes shopping at Olivia Boutique. 

The streets surrounding this area are all residential, offering beautiful single-family houses and newer custom-built homes. Commuting options include easy access to major highways and the Caltrain for commuting to other parts of Silicon Valley and the Bay Area.

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Cupertino 

Cupertino lies in the heart of Santa Clara County. 

While all of Silicon Valley has a strong  tech industry presence, Cupertino is a name brand, making it a popular destination for homebuyers. Apple is the most well-known of the tech firms in Cupertino, but other firms, like Seagate Technologies, also call the city home. 

When folks are searching for properties, houses range from modern takes on the Craftsman-style home and other single-family homes in the suburbs to large compounds near the city's edge. While many people may move here for work, they often come to love the area for its high quality of life. 

Green spaces like Stevens Creek County Park and Blackberry Park provide a respite from city life. Folks who enjoy the arts will fall in love with the Flint Center for the Performing Arts, which puts on shows, concerts, and other year-round performances. 

Locals pride themselves on the city's commitment to sustainability and environmental initiatives, making it a green and eco-friendly community. As such, the city has plenty of dedicated bike trails, rideshare programs, and several Valley Transportation Authority bus stops. But with easy access to the 280 and the 85, drivers can quickly head out to other Silicon Valley cities. 

<listing geo_area_ids="11567" min_price=1050000 max_price=7500000 number_of_listings=2 show_city=true show_address=true type="dynamic"></listing>

<smarttip text="Did you know you can get a rebate from your broker in the Bay Area? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $2,000,000 property, you’d receive up to $20,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save!"></smarttip>

Menlo Park 

Right in the middle of the west side of the San Francisco Bay Area is the city of Menlo Park. 

The area stretches from the 280 freeway to the shores of the Bay. If you commute to the East Bay, you'll want to consider Menlo Park, as the Dumbarton Bridge can take you across the Bay to Cabrillo. 

If you don't drive, there is a Caltrain station to take you north toward San Mateo and San Francisco or south to San Jose. But a popular reason most people move to Menlo Park is the career options and community. Meta is the largest firm in the area, but financial tech companies like Robinhood and venture capital firm Sequoia Capital help create a healthy and varied job market in Menlo Park. 

Neighborhoods like The Willows and Linfield Oaks offer single-family homes on suburban streets for homebuyers. But if you are looking for the ultimate seclusion, you will want to search for a mansion in Atherton, which boasts homes far from the street on an acre of land. 

El Camino Real is the central commercial district in Menlo Park and offers a local Trader Joe's and plenty of  boutique shops. 

<listing geo_area_ids="12041" min_price=1250000 max_price=7500000 number_of_listings=2 show_city=true show_address=true type="dynamic"></listing>

San Mateo 

San Mateo is a convenient option for those who plan to split their time between Silicon Valley and San Francisco. 

The city’s prime location is one of the top reasons people move there. The San Mateo-Hayward Bridge can get you to East Bay, while the 280 and 101 can get you north and south in the West Bay. 

While the commuting options are great, the wonderful community keeps people in San Mateo. The city is quite diverse, attracting folks from all over the world with its great weather and proximity to tech centers and higher education. As such, residents can expect a wide range of cuisines, ranging from Japanese to Italian to Indian. 

San Mateo's Downtown is based around San Mateo Drive, just off South El Camino Real. It is known for its vibrant atmosphere, with a wide array of local businesses, boutiques, and eateries. It’s also where you’ll find the Hillsdale Shopping Center, which offers a variety of shopping and dining options. 

San Mateo is a bustling city, but locals can escape the noise at the Japanese Gardens at Central Park or relax by the waterfront at Laurelwood Park. 

<listing geo_area_ids="12348" min_price=1250000 max_price=7500000 number_of_listings=2 show_city=true show_address=true type="dynamic"></listing>

San Jose 

San Jose is the largest and one of the most well-known cities in Silicon Valley. 

Located in the middle of the Santa Clara Valley, the city hosts the headquarters of leading names in tech, such as Adobe, Cisco Systems, eBay, and PayPal, which are huge drivers in the local economy. While many people come here for work, they end up falling in love with the bustling but laid-back vibe of the city. 

Folks living in San Jose work hard and play harder, spending their off time at theaters, art galleries, or out in the foothills of Santa Cruz Mountains. But if frolicking in nature is not your vibe, you can head to San Pedro Square Market in Downtown San Jose and take in a show or concert. Even San Jose’s Downtown offers top-notch outdoor escapes, such as Columbia Park and Guadalupe River Park. 

When it comes to finding a home, buyers have a wide range of styles to choose from. Bungalows, Craftsman, and Victorians are staples in neighborhoods like Willow Glen and Rose Garden. But if you're looking to live Downtown, plenty of townhouses and condominiums are for sale. Once you get into Almaden Vallet, Los Gatos, Evergreen, and Silver Creek Valley, you will start to see luxury homes boasting spacious floor plans, upscale finishes, and premium features.

<listing geo_area_ids="12339" min_price=1250000 max_price=7500000 number_of_listings=2 show_city=true show_address=true type="dynamic"></listing>

Interested in buying a home in Silicon Valley? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

As you begin to dream about how much money you’ll walk away with, keep in mind you will need to know more than just your potential sale price and mortgage balance to calculate your proceeds from the sale.

In Los Angeles, like the rest of California, there are significant closing costs paid by the seller. While high fees or taxes might not feel fair, they are a part of the transaction and you will want to know the details so you can make an informed decision.

Below we’ve highlighted the seller closing costs you can expect to pay and an expert tip on how to easily lower your closing fees.

Average seller closing costs in Los Angeles

The average seller closing costs in Los Angeles will average between 5% and 8% of the sale price. These closing fees can really add up for home sellers, so it is important to know what to expect by looking at an itemized list.

What are seller closing costs in LA?

• Broker commissions
• Title insurance
• Transfer taxes
• Escrow fees
• Seller concessions 
• Attorney (if applicable)

Broker commissions 

Real estate broker commissions are the single largest closing cost for home sellers in Los Angeles. The majority of traditional brokerages will demand a commission of 5% or 6% to sell your home. These high fees take a significant chunk out of your sale proceeds, and sadly commissions have not come down much over the years despite the advancements in technology to market home sales.

Title insurance

A title insurance policy insures the policy holder against any title defects, such as liens, that may encumber the property. Prior to a title policy being issued, an exhaustive search is completed to detect any open liens or other encumbrances against the title of the real property or home. When buying a home with mortgage financing, the lender will require the buyer to have such a policy in place for their protection.

The cost of title insurance premiums in California is based on a published rate applied to the purchase price of the property, and is paid to the title insurance company at the close of escrow. Title insurance rates will vary by provider, and title insurance companies are required to file their schedules of rates with the State of California’s Insurance Commissioner.

It is customary in Los Angeles for the seller to pay for the buyer’s policy. Note, the custom of who pays for the title insurance may vary from county to county within the state.

Transfer taxes

A real estate transfer tax is a transaction-based tax levied by the government on the transfer of real property. In Los Angeles County, there is a documentary transfer tax of $1.10 per $1,000 of consideration or value of property conveyed at the county level. In addition, several cities impose an additional tax ranging between $2.20 to $4.50 per $1,000 of value of property conveyed.

Escrow fees

Considerably less than broker commissions, escrow fees are the payment for services provided by the escrow company including document preparation. Escrow fees for sellers range from $200 base fee plus $2 per $1,000 of sale price up to $250 base fee plus $2.50 per $1,000 of sale price. The variation depends on the escrow company used.

For example, if you sold a $1,500,000 home in Los Angeles, escrow fees would be approximately $3,200 to $4,000.

Seller concessions

Any fees paid on behalf of the buyer by the seller are referred to as seller concessions. Examples of seller concessions include the seller paying for a home warranty, handling the cost of agreed upon repairs, or offering closing credits as an incentive.

These types of concessions will vary from transaction to transaction, and are typically ironed out as part of the overall negotiation. Seller concessions are not required, but can be a useful tool to bridge any gaps to get a deal done.

Attorney fees (if applicable)

While it is a normal occurrence to use an attorney for a home sale in other states, it is not very common for residential real estate transactions in California. In some more complex cases, an attorney may be involved. If so, the seller will pay the additional fees for their real estate attorney.

<smarttip text="Looking to upgrade to a bigger house this year? Then check out these expert tips for selling and buying a house at the same time." cta_url="https://www.prevu.com/blog/buying-and-selling-houses-in-la-at-the-same-time" cta_text="Learn how to save when you buy and sell"></smarttip>

Seller Closing Costs - Los Angeles (Based on $1,500,000 home price)

• Sale price: $1,500,000
• Seller’s agent commission (3% of sale price): $45,000
• Buyer’s Agent commission (3% of sale price): $45,000
• Title insurance premium: $2,943
• County transfer tax: $1,650
• City transfer tax: $6,750
• Escrow fees: $4,000
• Total: $105,343 or 7.02% of the sale price

How to lower your seller closing costs

Title insurance and transfer taxes are unavoidable, however broker fees are a different story altogether. In fact, broker commissions are the largest cost that home sellers can control in their home sale. 

Despite what some might say, real estate commissions are negotiable, and you don’t have to agree to 5% or 6% to sell your home in Los Angeles. For example, sellers with Prevu, a tech-enabled brokerage in California, pay a fair 2% listing commission, allowing them to save significantly compared to other major brokerages.

Prevu agents deliver all of the expertise you’d expect from a traditional agent, however thanks to technology are able to offer much lower fees. From pricing strategy and marketing of the property, to private showings and negotiation, your Prevu agent is with you every step of the way.

Prevu Real Estate, Inc. is a licensed real estate broker in California, license number 02134758. 

As diverse as Miami’s neighborhoods, the Magic City’s condominiums can be quiet retreats with simple comforts or a launchpad for enjoying Miami’s famous party scene, art museums, and beaches.

The pros of buying a condo here are endless, but there are also many nuances buyers should know about before taking the plunge.

That’s why the team from Prevu has put together a comprehensive guide highlighting everything you should know about purchasing a condo in Miami.

Buying a condo in Miami

• What is a condo in Miami?
• What are the rules of condo ownership in Miami?
• What amenities do Miami condos offer?
• Pre-construction vs. resale condos
• Get a mortgage pre-approval
• Work with a buyer’s agent to save money 

What is a condo in Miami?

Condominiums, or condos for short, are a popular option among homebuyers who seek affordability and want to avoid the stress of owning a house. Condos come with a lot less maintenance to worry about than houses in the suburbs or city. And there are tons of cared-for amenities to enjoy.

Condos are usually found in buildings or communities of townhouses where each unit is individually owned. Though responsible for the inside of their units, Miami condo owners also share in the ownership of common areas, such as a terrace, pool, garage, or BBQ area.

Besides being a more affordable option than a single-family home, condos also benefit from having a Homeowner’s Association (HOA). The HOA comprises Miami residents within the building or condo community and decides on the rules and regulations of the building. They also handle maintenance and upkeep.

HOAs free condo owners from mundane upkeep such as trash removal and pool cleaning, but enjoying these perks comes at a price. Condo owners will have to pay an HOA fee every month to cover the costs of maintaining the building or townhouse. The fee amount varies from building to building.  

What are the rules of condo ownership in Miami?

Condos are famous for the laid-back lifestyle they can provide their owners. But enjoying multiple floors’ worth of amenities and not worrying about maintenance comes with its own set of rules.

Besides dealing with an HOA fee, condo owners must agree to a set of rules and regulations called the Covenants, Conditions, and Restrictions, or CC&R for short. These rules outline everything unit owners can or cannot do to their units. For instance, some condo boards only allow you to use specific colors when painting the walls or choose certain materials when renovating. 

Any Miami buyer interested in a condo should research a building’s CC&Rs because they can define your lifestyle. Pet owners, for example, will have to ensure they search for pet-friendly buildings and clarify what breeds are allowed and whether they are permitted in shared spaces.

Another rule Miami owners should keep an eye on is short-term renting. Miami is a vibrant vacation spot and many savvy buyers might entertain the idea of turning their new condo in South Florida into a source of extra income. But you’d be surprised by the strict rules and state laws many of Miami’s popular neighborhoods impose on short-term renting.

It can help to work with a buyer’s agent if you’re interested in rental options for your property. You will have to look for buildings zoned to areas that allow renting and verify the amount of time they permit for short-term renting. It can get daunting to pore over all those rules, so it might be worth your while to hire a buyer’s agent to help.   

What amenities do Miami condos offer?

Arguably the best part of condo ownership in Miami is the amenities. 

Living in the heart of Southeastern Florida means prime access to Miami Beach and the electric entertainment scene of Downtown Miami. It’s only natural that condo offerings reflect that same spectrum of luxury and comfort that can only be found in Miami.

Many of Miami’s residential towers invest in premium amenities such as car-wash services and fully-equipped fitness centers. In addition, many are packed with amenities most condo owners would expect, such as a 24-hour concierge, outdoor and indoor pools, and an indoor garage.

Exploring each building’s amenities is one of the most exciting parts of buying a condo, so give yourself free rein. It’s also good practice to define the amenities you want to help narrow your search and not get lost in the seemingly endless options of Miami’s condo world.  

New-construction vs. resale condos

One of the most meaningful choices you’ll have to make if you want to buy a condo in Miami is investing in a pre-construction condo or sticking to resale.

Each has pros and cons, and both options vary according to a particular buyer’s needs. If you’re the kind of person that wants to know precisely what they’re buying while touring a tangible property, resale is the way to go. 

Resale condos have many specific benefits apart from being completed units. For example, you can see the history of its appreciation on the market and determine whether it’s a worthwhile investment based on set data. 

Resale condos also have a more straightforward mortgage application process, as lenders feel safer when dealing with an already-built property.

Pre-construction condos, however, have an equally enticing set of pros. You get first dibs on the sale price of these units, meaning if they appreciate right out of the gate, you will be securing the best price. 

Pre-construction also means you’re investing in a brand-new property. Everything about the building will be new, from materials and design to appliances and amenities. 

Most pre-construction units are sold on a first-come, first-served basis, allowing you free reign - if you buy early enough - to choose the best floor plan and layout that works for you. Some pre-construction developers even allow customization options regarding kitchen counters and fixtures. 

Get a mortgage pre-approval

An essential tool for today’s buyers, a mortgage pre-approval instantly says you are prepared.

It’s critical to show the seller that you are a serious buyer who can handle the offer being made financially. A mortgage pre-approval functions as a guarantee of that ability, showing the seller that you have secured a lender willing to finance your condo purchase. 

However, you should explore your mortgage options as thoroughly as possible. Your monthly mortgage payment will be a significant expense and, coupled with HOA fees and property taxes, can strain your budget.

First, decide on what kind of mortgage you need. This can be a 30-year fixed-rate mortgage favored by long-term homeowners or an adjustable-rate mortgage preferred by buyers who plan to upgrade quickly.

Then, shop for various lenders to find the best interest rate available. 

Working with a buyer’s agent to save money

Finding ways to save when you buy a Miami condo is crucial to making it more affordable. 

Luckily, no matter what kind of condo you choose, you can usually find a way to save if you work with a buyer’s agent offering commission rebates.

Some of the most effective real estate tools on the market, commission rebates enable buyer’s brokers to refund a portion of their commission back to the buyer upon closing. Modern brokerages like Prevu leverage technology and salaried agents to unlock commission rebates for buyers, helping them save. 

For example, Prevu currently offers the largest rebate in Florida, giving buyers a chance to receive up to 1% of their home purchase price via commission rebate. So if you were to buy a pre-construction condo in Brickell for $2,000,000, you could potentially receive a rebate totaling up to $20,000.

After shelling out hard-earned savings for expensive closing costs and various fees, you can utilize a commission rebate to offset those expenses. Or, you can use it as a building block for a furniture budget.   

Condos for sale in Miami, Florida

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Key questions to ask about mansion tax in NYC

• What properties are subject to the mansion tax law?
• Who pays the NYC mansion tax?
• How much this additional tax will contribute to your closing costs if applicable?
• How you can offset these taxes and closing costs with the cost-saving strategy of a buyer commission rebate?
• When do you pay and file the required forms for mansion tax?
• What is the history and future of the mansion tax law?
• Does the mansion tax apply to properties used as a personal residence?

When is a residential real estate purchase subject to the mansion tax in NYC?

<smarttip text="Did you know you can get a buyer rebate from your real estate broker? Buying a NYC apartment with Prevu you’ll receive a rebate up to half of the commission paid to the buyer’s broker at closing." cta_url="https://www.prevu.com/search/ny/manhattan-new-york" cta_text="Browse listings for sale in NYC"></smarttip>

Who pays the NYC mansion tax?

Typically, the NYC mansion tax is paid by the buyer of the property. However, it’s worth noting that the payment of this tax can sometimes be negotiated between the buyer and the seller. In certain cases, the seller may agree to cover the mansion tax, although this is less common.

By default, the responsibility for transfer taxes falls on the seller, but the mansion tax specifically defaults to the buyer. Therefore, it’s crucial for buyers to factor in the mansion tax when determining their maximum purchase price to ensure they are fully prepared for all associated costs.

How much is mansion tax in New York?

Mansion Tax NYC Rates - 2025 by Price Point

• 1.00% for purchases $1,000,000 to $1,999,999
• 1.25% for purchases $2,000,000 to $2,999,999
• 1.50% for purchases $3,000,000 to $4,999,999
• 2.25% for purchases $5,000,000 to $9,999,999
• 3.25% for purchases $10,000,000 to $14,999,999
• 3.50% for purchases $15,000,000 to $19,999,999
• 3.75% for purchases $20,000,000 to $24,999,999
• 3.90% for purchases $25,000,000 or greater

When you are estimating how much you will need to purchase an apartment or home in NYC or when your real estate attorney is calculating your closings costs in preparation of your transaction, it is important to include the mansion tax NYC buyers pay (if required) in your calculations for the appropriate rate based on your sale price.

For example, if you are purchasing a condo or co-op for $2,500,000, you will have to pay a NYC mansion tax at a rate of 1.25% or $31,250 in addition to all of the other closing costs associated with your purchase (assuming you signed your contract after April 1, 2019 and close after July 1, 2019).

Mansion Tax Example in NYC ($2,500,000 apartment)

• Purchase Price: $2,500,000
• Down Payment: $750,000
• NYC Mansion Tax (1.25%): $31,250

Impact of mansion tax on buyers and sellers in NYC

The mansion tax has significant implications for both buyers and sellers in NYC’s high-value real estate market.

For buyers, this tax represents a substantial additional cost that must be factored into the overall budget for purchasing a high-value property. It can influence the affordability and desirability of certain properties.

For sellers, the mansion tax can affect pricing strategies and market liquidity. Sellers may need to price properties just below mansion tax thresholds to attract more buyers, potentially limiting their pricing flexibility.

Additionally, the tax can deter some buyers from purchasing high-value properties, impacting the overall real estate market dynamics in NYC.

How to avoid NYC mansion tax

Curious how to avoid mansion tax in NYC? While it may feel unfair to be hit with burdensome taxes and fees when only buying a one or two bedroom apartment, you can’t avoid paying this tax. However, the simplest way you can offset or reduce your mansion tax bill and closing costs in NYC and give yourself an advantage with the cost-saving strategy of a buyer commission rebate.

Receiving a commission rebate (also known as a commission refund) allows you to get cash back from your real estate broker. At Prevu, we are a technology-driven, full-service brokerage that passes a significant rebate along to our customers.

With Prevu’s Smart Buyer™ Rebate, you receive up to half of the commission Prevu receives for representing you as a buyer's broker. For example, if you buy a $2,000,000 condo or co-op with a 6% commission (3% paid to seller’s broker and 3% to the buyer’s broker), your commission rebate totals 1.5% of the purchase price. That’s a savings of $30,000 that you can use to offset all of your $25,000 mansion tax and then some. 

To estimate your potential closing costs and see if you'll have to pay mansion tax, check out Prevu's NYC closing costs calculator for buyers.

When do you pay and file the required forms for mansion tax?

As discussed earlier, the mansion tax is a real estate transfer tax, and as a result the applicable taxes will be submitted along with a Form TP-584 in the State of New York. For sake of simplicity, if your real property, cooperative apartment unit, or co-op apartment is subject to the tax, you should anticipate paying at closing. The necessary filings are then typically submitted by the title company post closing if you are purchasing a condo, house, or townhouse in NYC. If you are purchasing a co-op, your real estate attorney will coordinate the submission.

Does mansion tax apply to new construction condos in NYC?

A common question from buyers that are interested in new developments is - will I still have to pay the mansion tax? The answer is unfortunately yes. If the purchase of an apartment in a new development is equal to or greater than the $1 million minimum consideration threshold, then mansion tax will be due according to the statutory rate for the purchase price.

Mansion tax is applicable for re-sale condos, co-ops, townhouses, as well as new development condos.

What is the history of the mansion tax? 

In 1989, the mansion tax was originally proposed by the administration of then New York State Governor Mario Cuomo (the father of current Governor Andrew Cuomo). The intention of this and other taxes levied in the law that finally passed was to improve New York State's budget during a difficult economic period. At the time, taxing properties costing more than $1,000,000 placed the economic burden on a small group of high-earning, wealthy New Yorkers who were perceived as being able to afford it. 

What is the future of mansion tax law?

DISCLAIMER: This material was provided for informational purposes only, and is neither intended to provide, nor should be relied upon as tax, legal, or accounting advice. Prevu and its subsidiaries do not provide tax, legal, or accounting advice. You are encouraged to consult your personal tax, legal, or accounting professionals before considering any transaction as your individual situation may vary.

Living in New York City is the dream for millions of people, and with rents steadily rising and space becoming evermore limited, it’s no wonder that many people are flocking to buy apartments.

Owning a condo in NYC allows you to enjoy all the benefits of living in the city without the stress of wondering when and where you’ll have to move next. To make the process of buying a condo in NYC a bit easier, we’ve created a step-by-step guide to assist prospective homebuyers in their journeys. This guide will walk you through the buying process, covering essential steps, insider tips, financial considerations, and the benefits of using a buyer's agent.

Find Your Dream Home (1 to +4 Months)

Prepare an Offer (1 to 2 days)

<smarttip text="Did you know you can get a commission rebate from your real estate broker? You can save thousands on the purchase of your apartment with Prevu's Smart Buyer Rebate. New Yorkers receive an average of $23,000 cash back when they buy with Prevu." cta_url="https://www.prevu.com/buyer" cta_text="Learn how to save when you buy"></smarttip>

Get an Accepted Offer (1 day to several weeks)

Legal Contract Review and Due Diligence (3 to 7 days)

Mortgage Process (30 to 45 days)

Title Report & Title Insurance

After a fully-executed contract, your attorney will begin work on the title report. Lawyers will use outside companies to do title searches on the land, building, and unit. 

The title search is completed to make sure there is confidence that a clean deed will be able to be delivered at closing. 

Your title insurance policy will protect against any issues that may arise in the future relating to your home’s title. 

Condo Board Application (If Applicable)

Preparing to Close

After the condo board has decided not to elect its right of first refusal and you have “passed” the board, the condo board will approve the sale/transaction. This will come either through your Prevu agent, the management company of the building, or your attorney. 

The next step is to get the “clear to close” from your lender. This will come from the bank, likely from the bank’s attorney. Your attorney will be in close contact with the bank attorney during this process.

After getting both the clear to close from your lender and the approval from the condo board, you can proceed to scheduling a closing date. 

There will be many peoples’ schedules to coordinate with, so you may have to be flexible in the timing or take what you can get. 

Should you not be able to attend the closing in person, it is not unusual for buyers or sellers to use a Power of Attorney and skip the closing altogether. 

If you haven’t already, make sure that you have secured homeowner’s insurance for your new home effective on the closing date. This is especially important if you’re financing the purchase with a mortgage, as homeowner’s insurance is often a requirement.

The Actual Closing and Closing Costs

Coordinate with your Prevu agent for a final walkthrough of the apartment to make sure everything is in good order before closing. This typically occurs the day of closing or a day or two before closing. 

Be on standby in the final days prior to closing. You will likely only receive your instructions a couple of days beforehand, and there are two things you will need to pay special attention to: 1) your closing disclosure or statement (by law, this must be sent to you three days before closing, otherwise you can’t close until that time has elapsed) and 2) check instructions. If you are financing, the bank will be bringing the lion’s share of the money to closing, and you will be bringing the rest. 

Checks are important, pay special attention to instructions from your real estate attorney

All checks need to be certified or official bank checks, from a bank that is a member of the NY Banking Clearinghouse.

The best way of avoiding the headache of getting checks yourself is to simply wire the amount to your attorney and have them take care of this task for all the remainder of your down payment and closing costs. 

The closing can take a couple of hours. Make sure your hand is rested and don’t forget to bring a comfortable pen with you as you will have a lot of papers to sign. 

Get your new keys, and congratulations! You just bought a new home!

Condos for sale in NYC

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You have spent years saving up to buy your home in Boston and are finally ready to start your search.

As you begin to scour through listings online, attend open houses, and narrow down your interest list, you want to make sure you are ready and know how to make an offer when you find the one!

In order to help you prepare, below the team from Prevu highlights a simple step-by-step guide on making an offer on a home in Boston. Our trusted team also assists homeowners in quickly and effortlessly selling their properties, as we buy houses in any condition with a no-pressure approach.

Get pre-approved for the home buying process

Select a buyer’s agent in Boston

Buying real estate is a large financial transaction. Whether you are purchasing your first condo in Downtown Boston or a home in one of Boston’s premier suburbs, you will definitely want to hire a buyer’s agent to guide you through the process.

There are various reasons to have your own representation as a Boston home buyer. 

First, a buyer’s agent acts as your dedicated advocate during the home buying process. Listing agents represent the interests of the sellers, therefore making an offer without representation may put you at a disadvantage. 

Second, a buyer’s agent provides you with local knowledge and transaction expertise. Even if you are accustomed to business dealings and negotiations in your career, real estate transactions have additional nuances that you may not be aware of. A buyer’s agent deals with residential real estate transactions regularly and will be able to offer additional insights.

Finally, some buyer’s agents can save you thousands of dollars on your purchase. When deciding to hire a buyer’s agent to represent you on your purchase, ask if they offer a commission rebate.

<smarttip text="Did you know you can receive a commission rebate from your broker? Buying with Prevu you’ll pocket a portion of the commission paid to your buyer’s broker at closing. On a $1 million home in Boston, you’d receive up to $10,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how to save when you buy!"></smarttip>

Refine your search with data & showings

As you visit properties and familiarize yourself with trends in your favorite Boston neighborhoods or towns, your opinions of each property and local price data will help you narrow down your search. Be sure to evaluate your needs in a home within the context of your budget in order to find the best candidate.

Evaluate comparable sales with your agent

Once you have identified your dream home and are ready to make an offer to purchase, you want to rely on the data. Your buyer’s agent will compile a comparable market analysis, commonly referred to as a CMA or comp report. This analysis includes data on recent sales, pending sales, and active listings on the market that most resemble your desired property. 

The goal of evaluating comparable sales is to determine fair value for the property. Note, this is not an appraisal, that comes larter. This will allow you to make an educated decision to ensure you are making a smart investment and not an emotional investment. 

Write a personalized offer letter

An easy way to make your offer stand out is to submit a letter to the seller along with your offer. A well-crafted and heartfelt letter gives you the opportunity to share your story as well as create a personal connection with the Boston property owner.

Maybe this is your first home purchase, or maybe you are looking to start a family, or maybe you are moving back to your hometown and have roots to the community. No matter what your story is, sharing your narrative may pull at the owners’ heart strings and swing them to choose your offer over someone else’s.

Prepare offer & negotiation strategy

As your buyer’s agent begins to write up an offer, you will have an in-depth conversation about your goals on price. In addition to deciding on an initial offer price, you will have a discussion about setting a negotiation strategy to smoothly achieve the best deal possible. Having a plan will save you time and remove the potential emotions that arise during a negotiation.

There’s more to discuss than just purchase price and down payment when buying a home in Boston. Before signing the necessary paperwork to submit an offer, your buyer’s agent will review the specific terms of your offer including any contingencies you may want to protect yourself.

Once an offer is finalized, buyers sign the offer and your buyer’s agent submits the offer to the listing agent along with a $1,000 check as a binding deposit.

What is included to make an offer in Boston?

• Address and legal description of property
• Sales price
• Duration of offer
• Terms
• Pre-approval letter for mortgages
• Proof of funds for all cash offers
• Lead paint / inspection disclosure
• Addendums / mortgage contingency
• Estimated closing date
• Binding deposit amount
• Inspection form
• Agency disclosure form
• Personal offer letter

Accepted offer 

After a back and forth negotiation, you have agreed to terms on a great property and hopefully an even better purchase price. While an accepted offer is an exciting moment to savor, there are still several steps to work through to ensure you secure the deal.

Home inspection 

You should always get a home inspection. Whether you are buying your first condo in Downtown Boston or purchasing a home in the Greater Boston suburbs, ask for a home inspection contingency. You will want a licensed home inspector to review the property for you. 

A home inspection includes a thorough check of the major systems of the house (plumbing, electric, heating, cooling, roof, etc), appliances, and overall condition of the home. While it may save you money to skip an inspection, you should get an inspection for peace of mind.

Purchase and sale agreement 

Once you have achieved an accepted offer, a purchase and sale agreement (sometimes referred to as a P&S) will be drafted and thoroughly reviewed by the real estate attorneys of both the buyer and the seller.

In addition to the legalese and terms of the document itself, Boston home buyers will typically be required to place a contract deposit for 5% of the purchase price less the $1,000 binding deposit amount that accompanied the purchase offer. The contract deposit is held in escrow by either the listing agent or the seller’s attorney.

After all the i’s are dotted and t’s are crossed, both the buyer and seller will sign the purchase and sale agreement.

Appraisal and loan commitment 

If you are obtaining a mortgage to buy a home in Boston, you will submit a copy of your purchase and sale agreement to your mortgage lender in order to begin the loan underwriting process. 

Even if you were already pre-approved, the bank will perform another thorough review of your finances as a borrower as well as perform due diligence on the property you are planning to purchase. That due diligence will include a formal appraisal to ensure the value of the home is consistent with the sale price.

After the mortgage lender completes their review of both you and the property, it will issue a mortgage commitment letter. This letter will allow the transaction to proceed and trigger the real estate attorneys to schedule a closing.

Final walkthrough

While you are likely eager to get the keys to your new home, there is one last step before going to the closing table (or remote closing nowadays). A final walkthrough is a visit to the home to ensure everything is in order, no major damage occurred during the seller’s move out, and that all appliances and negotiated items are still in place.

Closing & post-closing

The final step in your home buying journey is a real estate closing, and it can take a couple of hours. Be sure to bring a comfortable pen with you as you will sign a lot of papers with your attorney, especially if you are getting a mortgage. 

After all of the papers are signed and the bank gives final funding approval, the transaction is closed, recorded, and you get the keys.

Congrats! You are a homeowner in Boston.

You will need to contact utility companies post closing to create accounts and transfer service to your name - including electric, water, and gas if applicable.

Located on the eastern end of Long Island, this collection of seaside towns and villages has long attracted celebrities, artists, financiers, and anyone looking for a break from the buzz of New York City. But with so many charming towns, how do you decide which one is right for you?

The Hamptons aren’t a one-size-fits-all destination. Each town boasts its distinct personality, offering a different flavor of coastal living. Some places are steeped in old-world elegance with exclusivity of golf clubs and tennis courts, while others embrace a more low-key, artsy, or outdoorsy vibe. You’ll find equestrian estates nestled between vineyards, vibrant downtowns filled with designer boutiques, and even surf-friendly enclaves where a day at the  beach is the real star.

For those looking to buy a home in one of the most legendary coastal escapes on the East Coast, knowing what each Hamptons town offers is key to finding the perfect fit.

Below, the team from Prevu Real Estate will help you uncover some of the most popular towns in the Hamptons, what to do in them when you visit, and what kind of real estate options you can expect to find.

Best towns in the Hamptons 

• East Hampton
• Sag Harbor
• Southampton
• Montauk
• Amagansett
• Bridgehampton
• Shelter Island
• Westhampton Beach

East Hampton

If there were a Hamptons Hall of Fame, East Hampton would sit front and center, draped in both old-world elegance and modern luxury. 

Known for its pristine beaches, stately shingle-style homes, and rich cultural history, this town has long been the crown jewel of the South Fork. Whether you’re rubbing elbows with the Hollywood elite, soaking in world-class art, or simply indulging in a lobster roll with a side of ocean breeze, East Hampton is where old money meets new ambition—all against the backdrop of some of the most breathtaking scenery in the Hamptons.

East Hampton is famous for its beaches, and rightfully so. 

Main Beach, consistently ranked among the best beaches in the country, is a pristine stretch of white sand and rolling dunes, offering a picture-perfect setting for sunbathing, swimming, or watching a fiery sunset with a glass of rosé in hand. If you’re looking for something a little more tucked away, head over to Georgica Beach, a favorite of discreet and famous, known for its peaceful surf and exclusive ambiance. 

But East Hampton isn’t just about the beach. If you’re an art lover, Guild Hall is a must-visit, boasting a rotating selection of contemporary exhibits and performances that capture the spirit of the East End. The town is also home to the Pollock-Krasner House, where Jackson Pollock famously made his way into art history. 

For shopping and dining, Main Street and Newtown Lane are lined with designer boutiques, curated home décor stores, and charming cafés. You’ll find everything from Gucci and Ralph Lauren to local gems like BookHampton, a cozy independent bookstore perfect for picking up a beach read. 

When hunger strikes, head to Nick & Toni’s, a local institution where you might find yourself dining next to a movie star while enjoying their legendary wood-fired pizza. And for seafood lovers, Bostwick’s Chowder House is the place for lobster rolls, clam chowder, and the freshest catch of the day.

East Hampton is home to some of the most coveted properties in the country so expect to find grand estates, sprawling oceanfront homes, and charming historic cottages, many of which come with steep price tags and exclusivity to match. And it’s worth keeping in mind that local zoning laws limit overdevelopment, helping the town maintain its pristine, historic feel.

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Sag Harbor

If East Hampton is the elegant aristocrat of the Hamptons, then Sag Harbor is its effortlessly cool, artsy cousin who sails by day and writes novels by night. This historic whaling village turned waterfront haven is a far cry from the glitzy Hamptons stereotype. 

Instead, Sag Harbor maintains a down-to-earth appeal, drawing in creatives, intellectuals, and anyone who dreams of living just steps from the marina with a view of gently bobbing sailboats.

At first glance, you’ll notice that Sag Harbor doesn’t quite fit the mold of other Hamptons towns—and that’s precisely its charm. The main stretch of Main Street is lined with adorable mom-and-pop shops, antique bookstores, and vintage boutiques, giving the town an air of cinema-like nostalgia. 

Among the many must-visit spots, Sag Harbor Books is the perfect place to pick up a beach read or a first-edition Hemingway. If you’re looking to find some of the best cold brew in the neighborhood to jumpstart your mornings, head to Sagtown Coffee, a local coffee shop on Main Street with some of the most popular brews, smoothies, and on-the-go breakfast options. 

The town also boasts an intense arts scene, thanks to the Sag Harbor Cinema, which, after an extensive restoration, has become a hub for classic films and indie screenings.

Sag Harbor’s food scene is naturally as appealing as its unique, effortlessly cool ambiance.

If you’re in the mood for fresh seafood, The American Hotel serves up one of the best raw bars in the Hamptons, complete with old-school charm, candlelit ambiance, and a wine list that could rival the best in France. Other local dinner favorites include Beacon,Sen, Le Bilboquet, and Tutto Il Giorno. Or if you are looking for a welcoming, low-key lunch spot, check out The Corner Bar for a beer and a burger.

Real estate in Sag Harbor offers a unique mix of historic homes, charming cottages, and sleek modern builds, some of which hug the shoreline and provide stunning water views. Unlike the sprawling estates of East Hampton, Sag Harbor’s properties tend to be a bit more intimate—think captain’s houses with classic clapboard exteriors, meticulously restored 18th-century homes, and converted artist studios that exude character. 

The town’s historic district zoning laws ensure its quaint charm remains intact so that you won’t find mega-mansions towering over the marina—just timeless architecture steeped in history and character.

Last but not least, living in Sag Harbor is a dream for those who love boating and water sports. With one of the best marinas on the East End, it’s a prime spot for sailing, paddleboarding, or taking a sunset cruise out to Shelter Island.

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<smarttip text="Did you know you can get a rebate from your real estate broker in New York? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $1,500,000 property, you’d receive up to $15,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy!"></smarttip>

Southampton

Dripping in old-money charm, historical landmarks, and pristine soft-sand beaches, Southampton has been a go-to summer destination for New York’s elite for over a century. But beyond its reputation as a playground for the well-heeled, Southampton offers a mix of upscale and approachable, making it an excellent option for homebuyers looking to balance luxury with down-to-earthness.

Start your day with a fresh croissant and espresso at Sant Ambroeus, a Southampton staple where you’re just as likely to spot a real estate mogul as a laid-back local enjoying a morning read. After breakfast, Main Street awaits with its mix of high-end boutiques like Ralph Lauren and Tory Burch, alongside art galleries and cozy independent shops. 

Of course, no visit—or home purchase—in Southampton would be complete without appreciating its coastal beauty. Coopers Beach, frequently ranked among the best beaches in the Hamptons, is a sweeping stretch of soft sand and rolling dunes, perfect for sunbathing, beachcombing, or just soaking in the Atlantic breeze. 

Regarding real estate, Southampton offers historic shingle-style homes, modern waterfront properties, and charming cottages tucked into quiet, tree-lined streets. It’s a town that effortlessly blends the past and present, where you can just as easily find a century-old mansion as a sleek new build with panoramic ocean views. 

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Montauk

For those who prefer wild dunes over manicured hedges, Montauk is where the Hamptons meet the world's edge. 

Long has this laid-back surf town at the easternmost tip of Long Island been a favorite for fishermen, surfers, and adventure-seekers, offering an entirely different vibe from the rest of the Hamptons. If East Hampton is buttoned-up elegance, Montauk is salt-in-your-hair, sand-on-your-feet freedom—an effortlessly cool haven for those who love the great outdoors, great seafood, and great waves.

One of Montauk’s biggest draws is its incredible natural beauty. Ditch Plains Beach is a mecca for surfers and beach lovers alike, offering some of the best waves on the East Coast and a relaxed, no-frills atmosphere. 

Further inland, Montauk Point State Park is home to the iconic Montauk Point Lighthouse, commissioned by George Washington himself and still standing tall as one of the most breathtaking landmarks on Long Island. Hiking trails wind through rugged cliffs and unspoiled coastlines, offering dramatic ocean views that make you feel a world away from city life.

Despite its rustic appeal, Montauk’s real estate market is anything but rough around the edges. While you’ll still find modest beach bungalows and classic A-frame cottages, the town has seen a surge of stunning modern homes that blend seamlessly with the landscape. Think floor-to-ceiling glass, minimalist design, and infinity pools that appear to spill straight into the Atlantic Ocean. Whether you’re looking for a year-round retreat or a summer hideaway, Montauk offers the perfect mix of serenity, adventure, and barefoot luxury.

Montauk’s charm lies in its ability to be both remote and lively. By day, it’s all about catching waves, hiking cliffs, and indulging in the freshest seafood imaginable. By night, the town’s bohemian soul comes to life, with bonfires on the beach, live music in tucked-away bars, and a general sense that time slows down just a little here.

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Amagansett

A hidden oasis of understated elegance, Amagansett has long been the go-to for artists, musicians, and creatives looking for a quiet retreat with a bohemian spirit. With stunning beaches, lush farmland, and charming downtown, this town is where relaxed luxury meets unpretentious charm.

One of Amagansett’s greatest assets is its proximity to the ocean and the countryside. Head south, and you’ll hit Indian Wells Beach, a local favorite known for its soft sand, rolling waves, and laid-back crowd.

It’s one of the few spots in the Hamptons where you can still feel a sense of old-school beach culture, with surfers catching waves in the morning and bonfires glowing at dusk. If you prefer hiking to sunbathing, head north to nearby Montauk to explore the Walking Dunes of Napeague, a surreal landscape where shifting sands create rolling hills that feel almost otherworldly.

Despite its quiet, low-key nature, Amagansett has a small but mighty culinary scene. 

The Lobster Roll, an iconic roadside seafood shack (known to locals as “Lunch”), serves up the best lobster rolls in the Hamptons, dripping with butter and packed into perfectly toasted buns. If you’re craving something more upscale, Il Buco al Mare brings a taste of the Mediterranean to the Hamptons with impeccable seafood dishes and handmade pastas. 

And, of course, no visit to Amagansett is complete without stopping by Amber Waves Farm, a charming organic farm and market where you can pick up fresh produce and locally made bread, and even take a sunset yoga class in the fields.

Real estate in Amagansett combines cozy beach cottages, modern architectural marvels, and classic shingled homes hidden behind hedgerows. While it’s not as flashy as some other Hamptons towns, it has an air of exclusivity from its unique blend of surf culture, farm life, and refined simplicity. It’s the kind of place where locals prefer bicycles over Bentleys and where the most luxurious homes are tucked away, designed for privacy rather than show.

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Bridgehampton

Bridgehampton is the quietly confident luxury town of the Hamptons. It blends world-class equestrian culture, high-end dining, and coastal beauty into one sophisticated package. 

Here, rolling farmland meets pristine beaches, and horse farms stretch alongside vineyards and grand estates, creating a picture-perfect landscape that feels like a scene out of a Ralph Lauren ad.

Bridgehampton is best known for its equestrian heritage, notably the Hampton Classic Horse Show, one of the most prestigious equestrian events in the country. Every summer, the show attracts world-class riders, celebrities, and socialites, who gather under sprawling white tents to sip champagne and watch some of the finest show jumping in the world. 

But even when the grandstands aren’t packed, the town’s love affair with horses is evident—many estates come with private stables, and you’ll often see riders trotting along country roads at golden hour, a scene that feels more English countryside than Long Island shoreline.

Regarding dining, Bridgehampton effortlessly holds its own against its more bustling neighbors. Topping Rose House, a boutique hotel and restaurant in a restored 19th-century mansion, offers farm-to-table dishes with a side of Hamptons glamour—think handmade pasta, fresh seafood, and an expertly curated wine list. For a more laid-back vibe, Almond serves up French bistro classics with a local twist, while Pierre’s transports you straight to the south of France with its chic coastal ambiance and beautifully executed Mediterranean cuisine.

Vacation home seekers here will find classic 19th-century farmhouses, contemporary glass-walled masterpieces, and sprawling estates with luxury amenities, or even stables. Unlike some busier Hamptons towns, Bridgehampton retains a more peaceful atmosphere, making it an attractive option for those who want luxury without the crowds. 

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Shelter Island

Shelter Island is the Hamptons’ best-kept secret—an unspoiled retreat floating between the North and South Forks of Long Island, accessible only by ferry. If the idea of winding down in a serene environment, away from the hustle and bustle of the mainland, appeals to you, this island paradise should be at the top of your list. 

With more than a third of its land designated as nature preserves, Shelter Island offers an unparalleled connection to the outdoors, where untouched beaches, scenic waterways, and sprawling forests create an idyllic escape.

For those who appreciate the charm of small-town living with just the right refinement, Shelter Island delivers. The historic Ram’s Head Inn, set on a picturesque bluff, is a local institution known for its waterfront dining and breathtaking sunset views. 

A more casual yet equally unforgettable experience, Sunset Beach, owned by hotelier André Balazs, provides an effortlessly cool atmosphere where cocktails, Mediterranean cuisine, and people-watching blend seamlessly. If you want to explore, Mashomack Preserve is the crown jewel of Shelter Island’s natural beauty, featuring miles of hiking trails that weave through salt marshes, woodlands, and creeks teeming with wildlife.

Real estate on Shelter Island ranges from charming waterfront cottages to grand estates with private docks. Unlike much of the Hamptons, where high-profile luxury dominates, Shelter Island retains a more understated elegance, making it a magnet for those seeking privacy, tranquility, and natural beauty. 

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Westhampton Beach

Often referred to as the gateway to the Hamptons, Westhampton Beach has a welcoming, community-driven atmosphere, making it one of the most livable Hamptons towns for year-round residents. With a vibrant Main Street, pristine beaches, and a friendly, unpretentious vibe, it’s an ideal spot for buyers who want the Hamptons lifestyle without its signature flashiness.

One of Westhampton Beach's biggest draws is its accessibility. While many Hamptons destinations require winding roads and long drives, Westhampton Beach is one of the easiest towns to reach, especially for New Yorkers looking for a weekend escape. The Long Island Rail Road provides a direct route from Penn Station, making it a perfect choice for those who want to commute between the city and the sea with ease.

Main Street is the heart of Westhampton Beach, filled with quaint boutiques, casual bistros, cozy coffee shops and restaurants that make it feel like a classic New England town with a Hamptons twist. For food lovers, Fauna is a must-visit, serving up farm-to-table fare with an emphasis on local seafood. And if you’re in the mood for something sweet, Beach Bakery Grand Café is known for its legendary oversized pastries and prime people-watching views.

The real estate market in Westhampton Beach is a mix of classic beachfront homes, charming village properties, and modern estates with sweeping ocean views. The area’s relaxed pace and affordability (by Hamptons standards, of course) make it an attractive option for those looking for a primary residence or a second home. 

Whether you want to spend your days lounging on Cupsogue Beach, kayaking through Mecox Bay, or enjoying an evening at the Westhampton Beach Performing Arts Center, this town offers a little something for everyone.

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What is a commission rebate? 

Commission Rebate San Francisco Bay Area

• Purchase Price: $2,000,000
• Listing Agent Commission (3% of Purchase Price): $60,000
• Buyer’s Agent Commission (3% of Purchase Price): $60,000
• Commission Rebate (1% of purchase price): $20,000

How commission rebates work in the Bay Area

How to find a broker offering commission rebates 

What can buyers do with buyer rebates? 

Are commission rebates legal in the Bay Area?

Interested in buying a home in the Bay Area? Browse listings in your favorite town and see how much you can save with Prevu’s Smart Buyer Rebate.

Prevu Real Estate, Inc. is a licensed real estate broker in California, license number 02134758.

Below, we provide an overview of the most common closing costs in San Diego. Keep in mind that actual costs may vary depending on a specific home sale. 

What are real estate closing costs?

When buying or selling a home in San Diego, there are a number of transaction fees and costs that must be taken into account. These include the commission for the real estate agent, as well as various other closing costs. 

For buyers, these costs can add up to more than just the downpayment on the home. For sellers, closing costs can eat into the total proceeds from the sale. As a result, it is important for both buyers and sellers to be aware of all the potential costs involved in a real estate transaction. 

By understanding these costs, both buyers and sellers can negotiate their desired goals and avoid surprises.

Average closing costs in San Diego

The average closing costs in San Diego range between 2% and 3% of sale price for buyers and between 5% and 8% of sale price for sellers. These transaction fees will vary for each real estate transaction based on the lender, sale price, mortgage loan amount, location, property taxes, and other details specific to the house.

The largest transaction costs when buyers purchase a home are focused on mortgage related fees if the buyer is pursuing a mortgage. Whereas, the largest transaction costs for sellers are concentrated in realtor commission which can total between 4% and 6% of sale price.

Buyer closing costs in San Diego 

• Mortgage origination fees
• Appraisal fee
• Property taxes
• Escrow fees
• Homeowners insurance
• HOA fees (if applicable)

Seller closing costs in San Diego

• Realtor commissions
• Title insurance
• Transfer taxes
• Escrow fees
• Seller concessions 

How to estimate closing costs in San Diego

There are a few different ways to estimate closing costs. For buyers, it is common to ask their mortgage broker for an estimate. Another is to ask their realtor for an estimate based on experience with similar properties purchased.

For sellers, realtors will typically discuss closing costs prior to listing in order to help assess the goals of the sale and estimate proceeds based on potential sale prices.

How to offset closing costs in San Diego

There are a few ways that both buyers and sellers can offset closing costs in San Diego. 

Buyers can work with a buyer's agent who offers a commission rebate. This rebate can be used to offset closing costs or replenish savings if received as a cash back rebate after closing. The concept of rebating is simple - buyer’s agents give buyers a portion of the commission they receive for representing the buyer.

For example, Prevu Real Estate offers the largest commission rebate in San Diego, enabling homebuyers to receive a rebate up to 1% of their purchase price.

Realtor commissions are the largest closing costs for sellers. As a result, sellers should focus their efforts on negotiating this. 

The best way for sellers to make an informed decision is to interview multiple listing agents to compare commission rates and the services provided. Then, sellers should create competition between the realtors to propose the lowest commission possible to list their home.

Prevu Real Estate, Inc. is a licensed real estate broker in California, license number 02134758. 

However, a crucial aspect of this journey involves understanding and managing buyer closing costs. These costs are often an afterthought for many first-time buyers. But they can significantly influence your budget and financial planning.

In Dallas, buyer closing costs can vary based on factors like mortgage origination fees, the location of the home, and the purchase price. Having a clear understanding of the individual costs will give you a better idea of how to budget for a home purchase.

That is why we've put together some insights into closing costs, how to estimate them, and strategies for potentially offsetting them.

What are buyer closing costs in Dallas? 

Closing costs for buyers in Dallas encompass a range of fees and expenses incurred during the homebuying process. These are additional costs outside the home's purchase price and are typically paid at the time of closing. 

Buyer closing costs in Dallas

• Loan origination fees
• Appraisal fees
• Credit report fee
• Title search and insurance fees
• Survey fees
• Home inspection fees
• Recording fees

What closing costs are Dallas buyers responsible for? 

In Dallas, mortgage-related fees form a significant part of closing costs, including loan origination fees, credit report fees, and underwriting fees charged by the lender for processing and approving the mortgage. 

Property-related fees, such as appraisal, survey, and environmental assessment, are also critical. These ensure the property’s value and boundaries are accurately represented. 

Also, legal and recording fees can be paid when transferring the property to the new owner. These include costs for title search, title insurance, and recording the sale in public records. 

Understanding these responsibilities is crucial to navigating a Dallas home purchase successfully.

How much are average buyer closing costs in Dallas? 

On average, buyer closing costs in Dallas usually range from 2% to 5% of the home's purchase price. However, this depends heavily on the property's value, transaction complexity, and specific mortgage terms. 

For a property valued at $600,000, buyers could anticipate paying between $12,00 and $30,000 in closing costs. This range concerns lender fee structures, appraisal fees, recording fees, and other pre-paid fees like ​​property taxes, homeowners insurance, and possibly homeowner association fees. If you purchase a home all-cash, you can anticipate closing costs at the lower end of the range. 

Local regulations specific to Dallas or Texas can also impact the total closing costs. These can include homesteading laws and property rights. 

How to estimate buyer closing costs in Dallas 

Estimating buyer closing costs in Dallas is an essential aspect of financial preparation for homebuying. The last thing you want to do is set yourself up to bid on a home, only for the offer to fall through because you can’t handle the bundle of fees at the end of the transaction.

You want to consult with your lender first, as they will provide a loan estimate, which gives a detailed outline of the expected closing costs based on the mortgage terms. You want to get a breakdown of common fees such as appraisal, title insurance, and loan origination fees to get a realistic picture of potential costs.

Furthermore, consider property-specific costs like the location, home type, and sale price. These factors can influence certain recurring costs, like property taxes and homeowners insurance. 

How to offset buyer closing costs in Dallas

• Negotiate with the seller
• Compare mortgage lenders
• Save with commission rebates

Negotiate with the seller

One effective strategy is negotiating with the seller. In some real estate transactions in Dallas, buyers can negotiate with sellers to cover a portion or all of the closing costs, which can lead to significant savings. 

Depending on market conditions, negotiations with a seller might be harder to do if there are a lot of buyers bidding on a home. But if the seller is open to negotiating, you might be able to get them to handle things like property tax prorations or title insurance fees. In a market crowded with buyers, you may consider offering concessions to the seller or allowing them to live in the home longer while they search for a new home. 

Compare mortgage lenders

Comparing mortgage lenders is another smart move that can save you thousands over the term of your loan. Make a shortlist of providers and prepare a set of questions beforehand. You want to ask about what interest rates they can offer, how much their loan origination fees are, and what documents they need from you. 

Getting in front of a lender will give you an idea of how much you can afford to pay for a Dallas home, helping you build a realistic budget. By comparing and contrasting rates, you can try to get lenders to compete by lowering their interest rate slightly or potentially reducing loan origination fees. 

Save with commission rebates

One of the best ways to reduce the hit from closing costs is to buy a Dallas home with a buyer’s broker offering commission rebates. Sometimes known as buyer rebates, this process allows a real estate brokerage to return a portion of their commission to their clients when they close on a property.

Currently, Prevu offers access to the largest commission rebate in Texas. Depending on the purchase price of the home you buy, a rebate can help buyers save thousands of dollars at closing. These financial savings can significantly reduce the overall financial burden of the purchase - whether used to offset closing costs, renovate the home, or simply replenish your bank account.

When you’re buying or selling a home in Texas, it’s important to understand the closing costs involved. These costs can add up quickly, so it’s important to be prepared before you get to the closing table. Estimated closing costs can be calculated using various tools and calculators, which help estimate expenses such as origination charges, total loan costs, taxes, and other government fees.

Below, we break down the most common real estate closing costs in Texas and what you can expect to pay. Keep in mind that these costs can vary depending on your location and price of your home.

What are closing costs in Texas?

Average closing costs in Texas

Seller closing costs in Texas

• Real estate broker commission
• Settlement fee
• Title insurance
• Reconveyance fee
• Outstanding HOA fees, if applicable
• Attorney fee, if applicable

Buyer closing costs in Texas

• Mortgage application fee
• Loan origination fee
• Appraisal fee
• Survey fee
• Mortgage discount points, if applicable
• Title insurance
• Homeowner’s insurance
• Mortgage insurance
• Recording fees
• Prepaid escrow 

How to reduce closing costs in Texas

Other recurring costs homeowners pay after closing

• Property taxes
• Homeowner’s insurance
• Utility bills
• General maintenance costs
• HOA fees, if applicable

While closing costs are a big financial outlay when you buy a home in Texas, it is also important to remember that there are recurring costs such as utility bills, property taxes, and homeowner’s insurance that homeowners pay either monthly, semi-annually or annually. Buyers aspiring to purchase a home should factor these types of items into their budget when making the decision to buy a home. 

Some places offer idyllic scenes of nature, while others provide chances to grow your career. Not all cities can offer both, but Denver, Colorado, seamlessly blends nature with big city life. 

Many folks move to Denver to live in a growing metropolis where they can build careers in technology, health sciences, and aerospace. Plus, the cost of living is more approachable than places like San Francisco and Los Angeles. 

But there are pros and cons to every move, which means you need to figure out your specific reasons for relocating to Denver. That is why our team put together a quick list of what motivates folks to make a move to Denver, Colorado. 

Denver is in the heart of nature 

Whether you are a hiker, a skier, or love beautiful scenery, Denver will appeal to your passions. 

At about 5,280 feet above sea level, Denver is known as the Mile High City, and the Rocky Mountains 15 miles to the west beautifully frame the Denver skyline. 

Folks driving west on the Denver-Boulder Turnpike get a fascinating scene of the Rockies rising towards the sky. 

Denver is an unusually sunny city, clocking in over 300 days of sunshine a year, which makes getting outside even easier. So if you are looking for outdoor adventure, there are plenty of great day hikes and picnic spots between the city and the mountains. One such gem is the Dakota Ridge Trail, where explorers can get panoramic views of the city and even find fossilized dinosaur footprints in the rock. 

Many folks make the trip up to Rocky Mountain National Park near Estes Park to take in the soaring views of Long’s Peak. Another great day trip is to head west to Idaho Springs. Denverites can experience thrilling whitewater rafting, or hit the hot spring caves and relax at the Indian Hot Springs. 

You can even find scenes of beauty nestled within city limits. Confluence Park in Downtown Denver is where the South Platte River and Cherry Creek converge, and you will commonly find locals lounging or picnicking on the greenspaces surrounding these shores. You may even see kayakers paddling the whitewater course if you come down to watch the water on a sunny day. 

The economy is sky-high in Denver 

The Mile High City is no stranger to booms and busts. In the 1850s, settlers making their way west discovered gold at Pike's Peak, kicking off a mass migration to the city. While the gold veins dried up, Denver remained and prospered.

Today, large tech companies like Google, Xero, and Zoom have HQs in Denver and drive a strong job market. These companies compete with aerospace companies like Boeing Aerospace and Raytheon Technologies for top tech talent, so there are plenty of careers for folks considering buying a home in Denver.  Many students come to study at the University of Colorado, then go on to work in the tech, health sciences, or outdoors industries in the state. 

One of the largest economies involves legal cannabis, which has grown in popularity since its legalization in 2014. But it is not all dispensaries and farming. Firms like Baker Technologies create CRM solutions for cannabis companies. 

No matter what career brings you to the city, many new homeowners in Denver fall in love with the distinctive culture and nightlife. 

Nightlife in Denver is second to none 

Many people moving to Denver appreciate the potential career growth and easy escapes to the Rockies, but you do not need to leave city limits to have a good time. 

The nightlife in Denver stands out for many, as there are different scenes all over town. In the Five Points neighborhood, jazz lovers listen to the blues at establishments like the Larimer Lounge or Lustre Pearl Denver. 

Local art is essential to Denver residents, with many trekking to the River North Arts District, known as RiNo, to see the murals sandwiched between local bars and craft breweries. Formerly abandoned buildings now host expansive food markets, where folks go after having a brew or two. 

Yet food and drink are not the only vices in town, as many folks head to Comedy Works to catch a roast after dinner. If you want an old-fashioned night out at the movies, you should check out Landmark's Esquire Theater. Built-in 1927, this storied theater has two screens, showing old and new movies alike each night of the week, including midnight matinees. 

<smarttip text="Did you know you can get a rebate from your broker in Colorado? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $1 million property, you’d receive up to $10,000 cash back." cta_url="https://www.prevu.com/blog/commission-rebate-denver" cta_text="Learn about commission rebates in Colorado"></smarttip>

Denver provides a home to performing arts

For folks desiring classical arts, The Denver Performing Arts Center draws in locals who love classical operas, plays, and broadway-style shows. Farther to the south, near Denver University, is the Newman Center for Performing Arts, which is the home of the Denver Philharmonic Orchestra. 

Denver is not all prim and proper entertainment. You can find plenty of rock shows or other solo shows throughout the city. For instance, Ogden Theater attracts musicians and fans alike to play in this historic 1920s venue. The Fillmore Auditorium is another storied haunt for live music, and it is just down the road from the Ogden in the Capitol Hill neighborhood. 

But one of the best ways to spend a night in Denver is getting tickets to your favorite musical artist playing at the Red Rocks Amphitheater. Located 10 miles west of Denver, Red Rocks is an open-air amphitheater built into the side of massive rock formations formed millions of years ago. 

Famous musicians like John Denver crooned crowds to the tune of Rocky Mountain High, and today you can find modern powerhouses like Incubus and Young The Giant gracing this illustrious stage. 

Denver dedicates space to the arts 

Part of what makes Denver unique is the artwork. You can find plenty of art in the Mile High City, from street art to galleries. 

The city hosts an eclectic array of art, from contemporary museums to outlandish artistic experiences. Those exploring the streets can check out over 70 murals in RiNo, ranging from smaller pieces gracing individual businesses to sculptures coming alive off the sides of buildings. 

People looking for traditional art can check out the Denver Art Museum near Civic Center Park or the Museum of Contemporary Art Denver close to Confluence Park to see historical western artworks and exhibits. 

Yet one of the most fantastic art adventures you can undertake is a trip to the Meow Wolf Denver, across the river from Denver Broncos Empower Field. This surrealist dream allows folks to walk through fantastic scenes, each telling part of a larger story thread through each exhibit in the space. 

Denver is for sports lovers 

If sports are your bread and butter, then you will love Denver. 

Denver has quite a few sports teams and many people end up following sports throughout the year. You can catch a lot of football fans coming out each fall to tailgate and enjoy Sunday Night Football at Empower Field, home of the Denver Broncos football team. Another popular pastime in Denver is baseball, as folks come out to watch the Colorado Rockies team play ball against other Major League Baseball teams. 

Basketball is big in Denver, and residents love to grab tickets to the Ball Arena in Downtown Denver to watch the Nuggets shoot hoops. But one of the most-loved sports in Denver is hockey, and the Colorado Avalanche NHL team delivers edge-of-the-seat action. The "Avs," as they are colloquially known, play out of Ball Arena and routinely pack out the seats. 

Soccer is another fan favorite in Denver. The local team is the Colorado Rapids, which call the pitch at Dick’s Sporting Goods Park their home. 

Top-notch shopping in Denver 

If tailgating and watching sports are not your cup of tea, Denver offers plenty of shopping opportunities for residents. 

Union Station and the Central Business District are where most Denverites get their shopping fix. The 16th Street Mall is where most folks start their day, exploring the boutiques and over 40 cafes. Designed by the architect I.M. Pei, this pedestrian mall is a mile long and 80 feet wide, providing plenty of space for folks to explore. 

After hitting the mall, many people head over to Larimer Square, where independent shops operate out of historic buildings. Nearby Writer Square is another popular haunt where folks do their clothes and home goods shopping. 

But the Denver Pavillions remain a local favorite, as people can enjoy the many days of sunshine the city gets while checking out the over 40 shops and restaurants dotting the area. 

If you are looking for some hip clothes or chic home decor, check out 27th Street and Larimer Street, as plenty of small businesses here are ready to help you furnish your new Denver home.

Proximity to top-notch ski resorts 

People from around the world pilgrimage to Colorado each winter to ski or snowboard in the Rockies. 

The ski season starts around the end of November and can last well past April, depending on the temperatures in the Rockies. Folks drive west on I-70, passing Idaho Springs, to reach resort towns like Breckinridge, Keystone, and Vail. 

While these are the bigger mountains most folks visit, there are other resorts like the Arapahoe Ski Basin, Winter Park, and The Cirque. These world-class resorts are only a few hours away for the lucky folks living in Denver. 

Most Colorado locals buy season passes for their favorite mountains, then explore other resorts in the area throughout the winter. But you can even practice during the off-season at the SNÖBAHN Indoor Ski Center in Southglenn. 

Homes for sale in Denver, CO

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The Half-Truth of Traditional Real Estate Brokers

Historically, there was a half-truth perpetuated by the traditional real estate brokerage industry that it is “free” for home buyers to be represented when they buy a home or apartment. Since the buyer's agent was typically paid for by the seller, traditional real estate agents suggest that their services are “free”.

This statement is very misleading. The word “free” is intended to distract buyers from the fact of how much money traditional buyer’s brokers receive for each transaction. Buyers are not charged an itemized cost for a buyer’s broker on the closing documents, yet the fee is being paid for with the buyer’s money.

If an intermediary like a real estate broker is being paid a fee during your property transaction, it affects your price as a buyer. It begs the question – If your buyer’s broker is getting paid so much money, what if you could receive a commission rebate from your broker?

First, traditional brokers do not properly educate home buyers on how the economics of real estate commissions work during a transaction. Most home buyers don’t realize how much their buyer’s broker receives for the transaction. In most cases, buyers don’t learn how much agents make from a seller-paid commission until they are sitting at the closing table. 

Second, it is simplistic to say that a buyer’s agent commission is paid for by the seller, but the very existence of this commission affects how a seller sets the price of their property. This ultimately results in a higher property price for buyers. 

Luckily, transparency around commissions has improved. Following a court settlement by the National Association of Realtors (NAR), effective August 2024 many local real estate associations have begun to encourage buyer brokers and their clients to enter into buyer representation agreements prior to touring properties. These agreements outline how a buyer's agent can receive compensation, how that compensation may be seller-paid, or buyer-paid at a specific rate or amount - if a seller-paid commission is not offer or able to be negotiated.

For brokerages that offer the possibility of commission rebates, the terms of these rebates are defined in the buyer representation agreement.

Commission Rebates in NYC – A Smart, New-Fashioned Approach

Prevu Smart Buyer Rebate – Get Cash Back When You Buy

Commission Rebate NYC (Example $2,00,000 apartment)

• Purchase Price: $2,000,000
• Seller's Agent Commission (3% of Purchase Price): $60,000
• Buyer's Agent Commission (3% of Purchase Price): $60,000
• Commission Rebate: $30,000

Are Commission Rebates Legal in NYC?

The concept of a buyer commission rebate, referred to as a commission refund in some states, is a positive for consumers and are legal in New York State and NYC. It has been encouraged by the Department of Justice and is currently legal in 40 US states. The states that have not yet adopted the concept are Alaska, Oregon, Iowa, Kansas, Oklahoma, Missouri, Mississippi, Louisiana, Alabama, and Tennessee. 

Are Real Estate Commission Rebates Taxable As Income?

Two of the most common questions Prevu receives from buyers are: 1) Are commission rebates taxable as income? 2) Will I receive a 1099? 

Prevu is not allowed to provide specific accounting advice. Our team encourages all buyers to speak to their accountant or tax professional as their individual tax situations may vary. That said, the Internal Revenue Service ruled on the matter of buyer agent commission rebates and explained that such a rebate is not taxable as income to the buyer and the rebate is generally treated as a reduction in the cost basis for accounting purposes. Additionally, there is no 1099 required to be issued by the real estate broker to the buyer.

For example and to keep the math easy, if you purchased an apartment in NYC for $2,000,000 and received a commission rebate of $30,000, your accountant would likely advise you to reduce your purchase price ($2,000,000) by the amount of the commission rebate ($30,000) to arrive at your adjusted cost basis ($1,970,000), assuming no other buyer closing costs.

Read the entire IRS private letter ruling on commission rebates.

Some home buyers may choose to go the traditional route in selecting a buyer's agent. However, it’s important that homebuyers are aware that buyer commission rebates exist and that you can save money during your home buying process. Then, they can make an informed decision when selecting a real estate broker. Getting money back from your broker is even better than “free”.

Are There Any Issues with Buyer Rebates in NYC?

How to Get the Most Out of a Commission Rebate

Maximizing your commission rebate requires a bit of strategy and clear communication. Start by discussing the rebate policy with your agent during your first conversation. Ask about their commission rebate policy and don’t hesitate to negotiate for a higher rebate, if possible. It’s crucial to get the rebate terms in writing as part of your buyer representation agreement to ensure transparency and accountability.

Apartments for sale in NYC with commission rebates

• Manhattan Listings
• Brooklyn Listings
• Queens Listings
• Bronx Listings

Homes for sale near NYC with commission rebates

• Long Island listings
• Westchester County listings
• New Jersey listings

Prevu is the digital home buying platform on a mission to save people money when they buy a home or apartment with it's industry-leading Smart Buyer™ Rebate - providing homebuyers in NYC a buyer agent commission rebate after closing. Prevu is a licensed real estate broker in New York and a member of the Real Estate Board of New York (REBNY) and OneKey. Prevu's New York City agents are REBNY members.

But even though Miami likes making headlines, Fort Lauderdale remains one of the best places to live in South Florida without all the flashiness. 

You won’t have trouble finding some of the best beaches available in the Sunshine State, and plenty of housing options - from new construction houses to condos to single-family resales - dot the real estate landscape of one of Florida’s most popular cities.

Feeling confident about moving to Fort Lauderdale won’t be an issue, but carefully outlining your action plan may be challenging if you’re unsure where to start.

Below, we will highlight all the essential steps experienced and first-time buyers should take when buying a home in Fort Lauderdale, from carefully planning a budget to saving money with commission rebates.

Steps to buying a house in Fort Lauderdale

• Get a mortgage pre-approval
• Decide on the right neighborhood
• Work with an experienced buyer’s agent
• Use commission rebates to save money
• Figure out the property type you need
• Structure your budget 
• Set aside time for property tours and open houses
• Don’t skip due diligence
• The closing process

Get a mortgage pre-approval

A pre-approval helps outline your budget and signals to sellers that you are a serious and qualified buyer.

A mortgage pre-approval involves a lender reviewing your financial background, including your credit score, income, and debt-to-income ratio. This process results in a pre-approval letter stating the maximum loan amount you qualify for based on the lender's assessment. 

If you want to go the extra mile, consider obtaining a fully underwritten pre-approval. 

The lender will verify your documentation, such as tax returns, pay stubs, and bank statements, and fully underwrite your loan before you make an offer. This provides you with a more accurate budget and strengthens your offer, as you already have a specific loan amount secured.

Don’t forget to interview multiple lenders to compare their pre-approval processes and mortgage rates.

Decide on the right neighborhood

It’s easy to see this step as simply choosing a neighborhood that you find appealing. But in reality, choosing where you buy your home in Fort Lauderdale affects a few crucial points: your budget, lifestyle, and monthly expenses.

Start by considering proximity to work, access to recreation and entertainment, and the overall vibe of the community. Luckily, Fort Lauderdale boasts a variety of unique neighborhoods, each championing the ultimate in Florida residential living without sacrificing entertainment and things to do.

Central Beach might be ideal for those seeking the closest things to Miami’s vibrant nightlife without the raucous crowds, while those preferring a quieter neighborhood can consider Victoria Park and its irresistible “Old Florida” charm.

For those who dream of living near the water, neighborhoods like Las Olas Isles and Rio Vista offer stunning waterfront properties with easy access to boating and water sports. Of course, this is where the price points will be at their highest, as these areas are renowned for their luxury homes and private docks.

Ideally, you’d be able to explore these different areas at various times of the day. Observe the traffic patterns, noise levels, and overall ambiance. The more time you can spend there, the better your sense of the community and its amenities will be. Choosing the best place to live is not always about the flashiest and most desired; you must consider as many factors as possible.  

Work with an experienced buyer’s agent

An experienced buyer's agent has an in-depth understanding of the local real estate market. 

They are familiar with the various neighborhoods, current market trends, and property values in Fort Lauderdale. This expertise allows them to provide you with up-to-date information and advice on where and when to buy, making it much easier to choose the right neighborhood and find the right property.

One of the best tools a buyer’s agent can provide is access to Multiple Listing Services (MLS). Agents can leverage the MLS to identify listings not found anywhere else while utilizing the data to create a comparative market analysis to help you structure an accurate offer, ensuring you don’t overpay. 

Negotiation is another critical part of the home-buying process, and an experienced agent excels in this area. They will represent your interests during negotiations with the seller to secure the best possible deal. Whether negotiating the purchase price, closing costs, or contingencies, having a skilled negotiator can save you money and stress.

Most importantly, however, the right buyer’s agent can help you save money when you buy by working with commission rebates.

Use commission rebates to save money

Affordability is always a challenge for any buyer, but leveraging commission rebates helps make that hurdle much easier.

Commission rebates are offered by brokerages specializing in them, returning a portion of a buyer’s agent’s commission fee back to the buyer after successfully closing a home purchase.

For example, Prevu Real Estate offers the largest commission rebate in Florida, allowing buyers to potentially receive up to 1% of the home’s purchase price via the company’s Smart Buyer Rebate. Prevu unlocks substantial rebates for buyers by investing in a digital homebuying platform that puts more tools in the buyers' hands and provides direct access to expert salaried agents.

The funds you can gain from a commission rebate can be invaluable in helping to offset closing costs, bolster your savings, or simply serve as a foundation for a renovation or furnishing budget for your new home.

Figure out the property type you need

Understanding the characteristics and benefits of each property type can help you make an informed decision that is in alignment with your lifestyle and preferences.

For instance, townhouses in Fort Lauderdale offer a blend of single-family home and condo living. They typically feature multiple floors, providing more space and privacy than a condo. Townhouses often come with small private yards or patios and sometimes share amenities like pools or fitness centers with other units in the complex. This property type is ideal for buyers who want more room than a condo offers but still prefer low-maintenance living.

Condos, meanwhile, present an often affordable and less-hassle option for homebuyers. Maintenance in condo buildings is handled by the Homeowners Association (HOA). Here, you’ll find top amenities such as swimming pools, gyms, and security services. 

This property type is perfect for individuals or couples who prioritize convenience and enjoy being close to urban amenities. Colee Hammock and Sunrise should be your first neighborhoods to visit if you want to explore some of the best condos in Fort Lauderdale.

Single-family homes, of course, are arguably the bread and butter of Fort Lauderdale’s real estate scene.

Plenty of the area's top neighborhoods, such as Las Olas Isles and Pembroke Pines, feature some of the most coveted settings for this type of property, whether you’re searching for a modest starter home or a palatial estate with waterfront views. A single-family home is the ultimate in custom options and privacy, but it’s also the most demanding regarding maintenance and price point.

Deciding which property type works best depends mainly on your current and future needs. 

Consider your household size, lifestyle preferences, and how much time you can dedicate to property maintenance. A condo or townhouse might be more suitable if you travel frequently or prefer low-maintenance living. On the other hand, a single-family home could be the better choice if you plan to grow your family or value having outdoor space.

Structure your budget

A well-planned budget helps you understand what you can afford and prepares you for all the expenses of purchasing and maintaining a home.

Start by determining your maximum home price. This figure can be based on your mortgage pre-approval, which gives you a clear idea of the loan amount you qualify for. Setting your budget slightly below this amount to account for unexpected costs is a good idea. 

Closing costs are another significant expense to consider. They include appraisal fees, inspection fees, title insurance, and loan origination fees. Buyer closing costs in Florida often range from 2% to 5% of the home's purchase price and can often be a stressful part of the final stretch of the home-buying process, so make sure you’re prepared.

It's also wise to create a maintenance and emergency fund. Homes require ongoing maintenance and occasional repairs, which can be costly. Setting aside a portion of your budget for these unexpected expenses will help ensure you're not caught off guard by necessary repairs or improvements.

Lastly, be prepared for bidding wars. The Fort Lauderdale market can be competitive, and if you find yourself competing with other buyers, you want to know exactly how much you can stretch your budget to stay in the bid.

Set aside time for property tours and open houses

Though they can be time-consuming, property tours and open houses are invaluable in assessing whether a property meets your needs and preferences.

Open houses offer a more relaxed way to view multiple properties. You can explore every part of the home, ask the listing agent any questions about the property, and get a chance to gauge if the place has a lot of interest from other buyers.

Property tours, meanwhile, are often scheduled in advance. Work with your buyer’s agent to help you choose property tours that best fit your schedule so you can attend together.

Prioritize homes that meet your key criteria and are within your budget. Be flexible and open to visiting different neighborhoods, as this can help you discover areas you might not have considered initially. Planning your visits strategically will ensure you make efficient use of your time and see as many suitable properties as possible.

A great way to make the most of property tours and open houses is to bring a checklist to each property. Note important features, concerns, and overall impression of the home. Photos or videos can also help you remember details and compare properties later. After each visit, review your notes and discuss them with your real estate agent to narrow down your options.

Don’t skip due diligence

Due diligence is the buyer’s most crucial line of defense to ensure a successful home purchase.

Hiring a professional inspector to evaluate the property's structural integrity, electrical systems, plumbing, and overall condition is essential. An inspection report will highlight existing or potential issues, such as roof damage, foundation cracks, or outdated wiring. Addressing these concerns before closing can save you from costly repairs and provide leverage in negotiating the purchase price.

Review the property’s history to uncover problems that might affect its value or use. Investigate if the home has experienced flooding, fire damage, or extensive repairs. In Fort Lauderdale, where hurricanes and flooding are common, understanding the property's resilience to such events is vital. Check for necessary permits for renovations or additions to ensure they were done legally and safely.

If the property is part of an HOA, review the HOA’s rules, regulations, and financial health. Get familiar with the HOA’s policies on property maintenance, fees, and building rules, as these will be something you will commit to for the duration of your ownership.

The closing process

Even the most experienced buyers can get burnt out by the time they get to closing. But reaching this step means you’re at the final stretch of owning a home in Fort Lauderdale.

Closing day is when all remaining vital documents are signed and required payments are made to complete the purchase and transfer of ownership. These payments typically cover closing costs and prepaid expenses such as property taxes and homeowners insurance.

Next, you’ll conduct a final walk-through of the property to confirm that it is in the agreed-upon condition. This is your chance to check that any requested repairs have been completed, appliances are functioning, and no new issues have come up since your last visit. 

Once all documents are signed and funds are transferred, the deed will be recorded with the county clerk's office, officially transferring ownership of the property to you. The last step will be to receive the keys to your new Florida home and enjoy the best Fort Lauderdale offers.

Houses for sale in Fort Lauderdale

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Listings for sale in Fort Lauderdale

Interested in buying a house? Browse listings and see how much you can save with Prevu’s Smart Buyer Rebate.

If you are financing your purchase with a mortgage, you will need more than your down payment and interest rates, so let’s take a minute to discuss other expenses to budget for.

The good news is that in Massachusetts buyer closing costs are relatively low when compared to other states. Most of the larger closing costs in areas like Boston and Cambridge fall on the seller - including real estate commission and transfer taxes. 

Despite the real estate fees being lower on a relative basis within the United States, the real estate closing costs Boston buyers have to pay do add up, and should not be ignored. 

What are closing costs in Boston?

Many of the closings cost you will encounter when buying a home in Boston, Massachusetts will result from getting mortgage loans. If you are buying all cash the good news is that your costs will be much lower. While these costs will vary from transaction to transaction, a good rule of thumb is to expect average closings costs of 1.25% to 1.75% of purchase price.

Buyer Attorney Fees

Many realtors estimate that a real estate lawyer in Boston will charge between $1,500 and $3,000. Many times an attorney will not charge an hourly rate but simply charge a flat fee per transaction. In addition, in most cases you won’t pay your attorney unless the deal closes. Some buyers are hesitant to bring in an attorney too soon because they are worried about fees, but this generally shouldn’t be the case. 

Origination Fee

Origination fees are paid by the buyer to the mortgage lender to cover costs associated with the creation of the loan. This fee will vary by lender but expect a charge $1,000 to 2,000 would not be out of the ordinary. 

Appraisal Fee

In order for a lender to loan you money they need to make sure that the property is actually worth what you have agreed to buy it for. Appraisals will typically cost between $750 and $1,000. 

Inspection Fee

It is always a good idea to have a professional home inspection completed before purchasing a home. A licensed inspector will complete a review of the systems of the property, roof, and appliances. A thorough inspection will cost from $500 to $1,000, or more if you have more advanced inspections for radon, septic systems, water wells, or other unique home features.

Credit Report Fee

Lenders will pull your credit report to determine your creditworthiness as a borrower. Banks will charge you as little as $29 to acquire this report.

Title Closing/Escrow Fee

This closing cost is paid to either the title or escrow company for actually conducting the closing of the real estate transaction. The title or escrow company serves an independent third party at the closing to help process the exchange of title. For a million dollar purchase expect a cost of around $1,225. 

Lender’s Title Insurance

Title insurance protects the lender from unforeseen issues with title issues that occurred before closing but were only discovered after closing. For example, if there are claims after the closing related to liens against the property or unpaid taxes resulting from issues prior to your ownership, a policy will protect the lender’s investment. 

This is a one-time fee paid by you that covers the lender for the entire time you own the property or the mortgage is outstanding. The cost of this policy is typically 0.25% of the loan amount or purchase price. This will generally be a requirement for a lender. 

Buyer’s Title Insurance

A buyer’s title insurance policy, sometimes referred to as an owner’s title insurance, is very similar to the lender’s policy but it protects the buyer rather than the lender. This covers you, the buyer, for your entire ownership of the property. 

The cost of a buyer’s policy is typically 0.375% of the purchase price. There may be additional fees here for title searches and abstracts but this is a good guideline. This isn’t necessarily required but highly recommended by any attorney. 

Miscellaneous Costs

In addition to the costs above, there can be additional costs levied against the buyer such as Recording Fees, Flood Verification Fee (sometimes referred to as a Flood Certification), Tax Service Fee, etc. You should likely budget another $500-$1,000 for these smaller costs. 

You also may be asked to pay the seller adjustments or prepay certain expenses such as homeowner’s insurance, property taxes, and prepaid interest. These are not closing costs but can add up to sizable upfront payments at closing. 

How can you offset buyer closing costs in Boston?

You won’t be able to escape many of these real estate closing costs but the good news is there is a way to completely cover them and get cash back when you buy a home in Boston. 

Prevu, a tech-enabled brokerage in Boston, offers a substantial commission rebate to the buyers they represent. The firm’s Smart Buyer™ Rebate is the largest in the Greater Boston Area. Working with Prevu, you will get the expert advice that you need and deserve, as well as save up to 1% of your purchase price. For example, if you buy a $1,000,000 home with Prevu, you could receive up to $10,000 in the form of a rebate.

In addition, some banks will also give buyers closing cost credits when getting a mortgage. It is always good to compare prices on not only mortgage rates but also closing cost credits that lenders offer.

How do you estimate closing costs in Boston?

Before considering a home purchase, you should speak to your mortgage lender or your real estate agent to get an estimate of what your closing costs will be based on your target sales price. Granted these are just approximations, but it will give you a good sense of what to budget for.

Some lenders have mortgage calculators and some real estate brokerages provide a closing costs calculator. Below we’ve provided an example of a buyer’s closing fees for a $1,000,000 home with a 20% down payment.

Buyer Closing Costs - Boston, MA ($1,000,000 price, 20% down payment)

• Attorney Fees — $3,000
• Buyer Title Insurance — $3,750
• Lender Title Insurance — $2,500
• Origination Fee – $1,350
• Title Closing & Escrow Fee – $1,225
• Appraisal Fee – $915
• Inspection - $600
• Survey – $350
• Credit Report Fee – $29
• Miscellaneous Costs — $1,000
• Total — $14,719 (or 1.47% of the purchase price)

Interested in buying a house in Boston? Browse listings and see how much you can save with Prevu's commission rebate.

But depending on your home ownership goals and where your career is, you may have to narrow down the areas you target. Not all buyers want to live amidst the hustle and bustle of Downtown Austin, even if it means being closer to work. Luckily, Austin is one of the fastest-growing cities in Texas and many suburbs offer a mix of resale and new construction homes as you trade in city life. 

People come from all over to get a career in tech at one of the many firms opening up shop in the city or come for the eclectic culture that celebrates live music, the arts, and great BBQ. No matter your reason, there is a home for everyone in Austin. 

So to help buyers kick off their search, our team at Prevu Real Estate gathered a list of the top suburbs to call home in the Austin area. 

Best Suburbs of Austin

• Round Rock 
• Four Points
• Lakeway 
• South Austin
• Shady Hollow 
• Pflugerville 
• Brushy Creek 
• Cedar Park 
• Bee Cave 

Round Rock

First up on the Austin suburbs list is Round Rock, one of the larger communities surrounding the Austin Metropolitan Area. 

Round Rock is a historic area in Texas as the name comes from a round rock in Brushy Creek, where covered wagons did low-water crossings in the 1800s. Today, over 120,000 people live in this small city, which is about 25 minutes north of Downtown Austin. Round Rock is right in the middle of Central Texas Hill Country, and the homes in the region blanket some of these hills. 

There is a slew of managed communities in the area, but there are plenty of chances to find homes with no HOA fees. Sports are a way of life in Round Rock, which is known as the "Sports Capital of Texas" because of the many championship games hosted at the Round Rock Sports Center and the Round Rock Multipurpose Center. Dell Computers is a large employer in the area, sponsoring a baseball field called the Dell Diamond. 

But sports are not the only game in town, as locals love to cool off at Tom Foolery's Adventure Park, an indoor theme park attached to the large Kalahari Resort center in Round Rock. Considering the Texas heat, shopping is a big pastime, and strip malls sprawl across I-35 and continue up and down East Palm Valley Boulevard. 

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Browse homes for sale in Round Rock

Four Points 

If you want to have easy access to Austin and be near the great outdoors, you should check out homes in Four Points. This small community is about 30 minutes from Downtown Austin, and expansive greenbelts surround the area. 

Unlike the sprawling city of Round Rock to the north, Four Points is a much smaller region and is perfect for people who want a home near Lake Travis, making this region ideal for angling-minded homebuyers. Golfing is another pastime, and residents can hit the links at River Place Country Club and UT Golf Club. Ranch-to-Market Road 2222 and the N FM 620 provide excellent views of Texas Hill Country and lead drivers to Austin. 

Along these throughways are home developments, providing quite a bit of seclusion from the business of other Austin suburbs. But just because you live closer to nature does not mean there is a lack of shopping. The 2222 and the 620 have several big-box retailers lining the roads, and there are some great restaurants like Shuck Me and Rudy's Country Store and BBQ. 

But the Oasis on Lake Travis is one of the local favorites, and people from all over Austin come to grab a bite and watch the sunset. 

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Shady Hollow 

Near the Lady Bird Johnson Wildlife Center is the bucolic Shady Hollow suburb, about 10 miles south of Downtown Austin. 

This scenic suburb is near Circle C, one of the largest master-planned communities in Austin. Shady Hollow is another managed community on the edge of the Texas Hill Country wilderness. Shady Hollow, Shady Hollow Estates, and Shady Hollow Gardens make up the three neighborhoods in the area. 

Homebuyers can find beautiful brick-faced houses lining the Shady Hollow streets, many dating back to the 1980s. There is no dedicated shopping center, so locals must head north to Slaughter Lane to shop at Palamino Park. 

Folks looking to commute to Austin can use Loop 1 to come around Austin from the west. 

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Browse homes for sale in Shady Hollow

<smarttip text="Did you know you can get a rebate from your broker in Texas? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $1 million property, you’d receive up to $10,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save!"></smarttip>

Lakeway 

If you seek a home with direct access to the Lake Travis waterfront, then Lakeway may be your ideal Austin suburb. 

While part of Lakeway resides along the shores, most of this community stretches to the south and west, and the hills contain plenty of stately homes with amazing views of Austin to the east and Lake Travis to the west. 

If boating is a pastime for folks living in Four Points, it is a way of life for people in Lakeway. 

Folks with waterfront homes usually have a few boats on hand, the most popular being pontoon boats. These stable vessels are perfect for hosting friends on the water, and it is common to see groups of boats moored together on the weekends. But even if you do not live on the water, the Lakeway Marina, Freedom Boat Club at Lake Travis, and Hurst Harbor Marina offer opportunities to dock your boat. 

Golf is another favored pastime of locals in Lakeway, and the city has four golf courses all within 20 minutes driving distance from each other.

When folks aren't on the water or the links, expect to find them on Ranch Road 620 South, where you can find an H-E-B, the Oaks at Lakeway shopping center, and a slew of restaurants. 

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South Austin 

If you are looking for a taste of old Texas architecture, you should look no further than South Austin. 

While this suburb is not near the Lake Travis waterfront or the expansive greenbelts of Four Points, you are still close to nature in this green suburb. Several nature preserves nestle up against communities filled with tree-lined streets, blending the lines between forested land and residential development. 

The Lady Bird Johnson Wildflower Center offers up a chance for folks to see native Texas plants. At the same time, the Mary Moore Searight Metropolitan Park provides plenty of hiking trails and lawns for people to hang out under shady pecan and mesquite trees. 

But when the heat is up, folks look to hang out in the malls, the largest being Southpark Meadows, where you will find a Walmart, a Target, plenty of smaller boutiques, and a smattering of restaurants. For folks commuting to Austin, or just want to experience what the city has to offer on the weekend, they can take I-35 to reach the heart of Downtown.

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Browse homes for sale in South Austin

Pflugerville 

To the southeast of Round Rock, homebuyers can find the suburb of Pflugerville. 

German settlers initially settled this area when the United States annexed Texas, naming it Pflugerville after the german word for "plowman." Over the years, the farms disappeared as landowners subdivided the land for tract developers, who built several communities. 

Lake Pflugerville is a popular haunt for locals escaping the heat, and the park offers a beach to hang out at and several piers to take in the afternoon. Another popular haunt is the Typhoon Texas Waterpark, which offers multiple slides, wave pools, and lazy rivers to beat the heat. 

Dessau Road is where you can find shopping outlets in Pflugerville, such as Aldi, H-E-B, and Walmart. 

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Browse homes for sale in Pflugerville

Brushy Creek

The small town of Brushy Creek is a great place to escape from the hustle and bustle of nearby Round Rock and Pflugerville. 

This smaller community is right off the 45, making it perfect for folks working in Round Rock who want more space between themselves and their neighbors. Several neighborhoods are filled with winding, tree-lined streets in Brushy Creek, providing homeowners with idyllic homes built anywhere from the late 1970s to the late 2010s. 

There are multiple parks in the area, and you will see many locals lounging under the trees here on the weekend. Homeowners can head to North FM 620, the Brushy Creek commercial corridor, to find an H-E-B, coffee shops, and a few restaurants. 

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Browse homes for sale in Brushy Creek

Cedar Park 

At 16 miles from Downtown, the small suburb of Cedar Park is one of the fastest-growing areas in the Austin Metropolitan Area. 

Many folks from nearby Brushy Creek will head to Cedar Park to do their shopping and pastimes, as the H-E-B Center hosts big sports games that attract folks from all around the surrounding cities and towns. Residents head to Splash Shack, a sizable indoor waterpark, on sweltering days to find solace from the heat. 

Cedar Park is near the shores of Lake Travis, making water sports a popular pastime for folks living in this corner of Central Texas. Train lovers come to Cedar Park to check out the historical Austin Steam Train Association Museum to get a taste of how settlers of old used to travel out to the Lone Star State. 

US 183 stretches across the city, creating a vast commercial corridor filled with car dealerships, restaurants, and shops. East Whitestone Boulevard is another major throughway, where there is a Target, a Whole Foods, a Costco, and a slew of quick-service restaurants. 

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Browse homes for sale in Cedar Park

Bee Cave 

If you want a quiet suburban city to the west of Austin, you should consider finding a home in Bee Cave. 

This small city of 10,000 is near the Colorado river and just south of Lakeway. Bee Cave sits in the heart of the Texas Hill Country, and many neighborhoods stretch out across the hills in the area. For instance, in Falconhead West, homes have large scrublands beyond the property line, and there is even a primitive use park at the western terminus of the region. 

The arts are important to Bee Cave residents, and there is a sculpture park right around the corner from the Bee Cave Arts Foundation. The Foundation is in the nearby Hill Country Galleria on the west side of town, where homebuyers can find big-box retailers, a movie theater, and various restaurants. 

<listing geo_area_ids="17688" min_price=600000 number_of_listings=2 show_neighborhood=true type="dynamic"></listing>

Browse homes for sale in Bee Cave

What is title insurance?

Title insurance is a type of indemnity insurance that is fairly common in the United States. The main purpose is to protect against financial loss from any defects in the title of real property that may result in the loss of ownership by future claims. Title insurance is required if the real property is being purchased with financing from a mortgage lender.

There are two forms of title insurance – lender’s policy and owner’s policy. Lender’s insurance is required to be bought by the borrower to protect the lender in the event the seller was not legally able to transfer title of ownership. This lender’s title insurance policy only protects the lender against loss. An owner’s title insurance policy is by the seller at the buyer’s request to protect the buyer’s equity in the property. Very often these two policies are bundled so everyone is protected.

Is title insurance required for all NYC apartments?

Are you getting a mortgage to purchase your condo or home in NYC? If yes, then you will be required to take a policy from a title insurance company. Title insurance rates can vary depending on the provider but most real estate attorneys will estimate 0.45% of the purchase price when you buy title insurance.

The title insurance that lenders require NYC buyers to take will feel like another closing cost to add to your list, but the title insurance premiums protect buyers and lenders against claims on the title of your property prior to you owning the condo or home.

For example, unpaid property taxes by the previous owner or liens against a property are two potential issues that title insurance protects you (and your bank) against. While not an insignificant cost, a mortgage company probably won’t lend you money without it.

You can estimate what you can expect to pay in title insurance with our NYC Closing Costs Calculator.

How do I get title insurance?

In NYC, it is customary for your real estate attorney to help you organize title insurance as part of his/her guidance through the contract documentation and closing process. As part of your real estate attorney's due diligence process for your purchase, they will request a title search to ensure there are no liens or other encumbrances against the property. 

Most NYC attorneys will select a title company from a preferred list companies that they know and trust. To be safe, it is always smart to ask your attorney to disclose if they have any conflicts of interest with the title company - such as an ownership interest. As a buyer, you have the right to select the title company if you prefer.

<smarttip text="Did you know that buyers can receive a commission rebate from their real estate broker? Discover how you can save thousands with this money-saving tip." cta_url="https://www.prevu.com/" cta_text="Learn more about commission rebates"></smarttip>

Title Insurance NYC Example ($1,500,000 purchase price, 25% down payment)

• Purchase price: $1,500,000
• Down payment: $375,000
• Title insurance: $6,750

Is title insurance policies available for NYC co-ops?

When purchasing in a co-op, you are actually buying shares in the corporation that owns the co-op and these shares provide you with a proprietary lease. This means you are not buying what is classified as real property like you would be with a condo or home. Therefore, you will not be required to purchase title insurance if you are using mortgage financing to purchase a co-op.

Your real estate attorney(s) will perform due-diligence when buying a co-op. They will review the financials of the co-op, read the minutes of the co-op board meetings, and look for any costly capital improvement projects.

Your attorney will also request a co-op lien search. This request searches for UCC filings and judgements or liens against the co-op corporation. There is still a level of investigation that goes in to a co-op purchase even if it is not real property.

While less common and not required, there are insurance policy options available for buyers in co-ops called leasehold title insurance. This is an added layer of protection if you like to feel more secure. Just ask a title agent. 

Interested in buying an condo or house in New York City? Browse listings and see how much you can save with Prevu's Smart Buyer Rebate.

When this happens, many prospective buyers look for tips on how to gain an advantage in a bidding war. The California real estate market is super competitive right now, but there are a number of steps you can take to put yourself in the best position to win. 

Tips to win a bidding war in LA

• Understand how much you can afford
• Do your homework on the value of the home
• Increase your buying power with a commission rebate
• Sweeten the deal with non-financial terms
• Write a personal letter to the seller

Understand how much you can afford

It is important to do your research ahead of time before buying a home in LA so you fully understand how much home you can actually afford. But there are two ways failing to do your research can put you down the wrong path.

In the first direction, if you end up overextending yourself and reaching to buy a home it can end poorly. You end up with buyers' remorse and financial woes. 

In the opposite direction, many times buyers don’t realize that they can actually afford more than they previously thought. If you lose your dream home because you bid too low, this is a bad outcome as well. 

Doing the work ahead of time allows you to make sure you can make educated decisions on how much to offer. Working closely with your mortgage professional, accountant, financial advisor and real estate agent will save you a lot of headaches.

<mortgage variant="2"></mortgage>

Do your homework on the value of the home

If you don’t understand the value of the home or the current state of the housing market,  it is difficult to make a smart offer. By looking at the data and comps in the area, you are able to make sure that you are assigning a fair value to the home.  

By working with a great real estate agent, they can provide you with a CMA or comparable market analysis for the property. This allows you to help discern the value of the home based on closed and active listings in the area. 

Many times value is below the listing price, but sometimes listing agents purposefully under price listings and the value is actually above the asking price. You may have found yourself in one of those situations because there are multiple offers. A good agent can help guide you through the best way to approach this. 

Increase your buying power with a commission rebate

In a competitive situation, every dollar counts. The difference between a winning offer and a losing offer can come down to thousands if not tens of thousand of dollars for LA buyers. 

If you can get money back on your purchase from your real estate broker, it gives you more dollars to play with to make your offer as competitive as possible, maximizing your chances of winning. For example, Prevu’s Smart Buyer Program gives buyers in Los Angeles up to 1% of their purchase price back in the form of a commission rebate when they buy a home. 

Prevu passes along two-thirds of the commission it receives when working with a buyer, subject to the market minimum. For example if you bought a $2 million property, you could save up to $20,000 working with Prevu. 

Thanks to its digital buying platform, Prevu pairs you with one of the company’s expert buyer’s agents. The ability to collaborate with your agent online saves you a ton of time and money.

Sweeten the deal with non-financial terms

When sellers evaluate offers for their home, price is a large factor, but not the only one. 

Especially with hot properties, there are sometimes concerns that the home price will be too high and won’t appraise. By removing contingencies like a mortgage or financing contingency, it removes that risk for the seller. 

Even better, if you have the ability to make an all cash offer and close quickly this massively de-risks the transaction for the seller. They no longer have to wait 45-60 days for the banks to do their due diligence. In addition, some buyers end up getting a primary mortgage after the fact. That way you can secure your dream home and still take advantage of low mortgage rates.

Another common contingency is a home inspection. Home inspections are extremely important, especially with older homes. They can uncover big problems that need to be addressed or monitored. Financially, they can also give the buyer ammunition to ask the seller for credits or renegotiate the sale price. 

Seasoned real estate agents will rarely recommend clients waive any contingencies unless they are fully confident in the decision. Removing contingencies can make your offer more attractive to the seller, but can also open you up to additional risks. 

Write a personal letter to the seller

If your offer is sitting in a pile of other offers, you need to find a way to differentiate yourself. Writing a personal offer letter humanizes you and increases your chances of your offer winning.

By explaining to the seller that this house is your dream home or that it reminds you of your childhood home can make the sellers feel better about you moving into “their” house. Buying and selling is very emotional, it can put sellers at ease that the new owners are good people given that the home still holds many memories for them. 

Interested in buying a home in Los Angeles? Browse listings and see how much you'll save with Prevu's commission rebate.

Homes for sale in Los Angeles

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Prevu Real Estate, Inc. is a licensed real estate broker in California, license number 02134758. 

There are plenty of factors to consider, like location and distance from your job. But the most important choice is what home style is perfect for you.

While some people appreciate the charm of older homes, sometimes, your dream home is the one built around your needs. From millennials to baby boomers, Americans increasingly want turnkey properties, sometimes even in managed communities. 

These brand new homes come complete with almost everything you need. Yet the buying process varies from purchasing a resale home. Many people consider buying a newly built home and do not know where to start. 

Our team at Prevu Real Estate put our heads together to create a guide to buying a new construction home. 

What types of new construction properties are there? 

When considering a newly built property, there are a few styles to choose from. Depending on the developer, they can specialize in fully customized, energy efficient homes or developing multiple properties in a large area. 

Tract developers purchase a large parcel of land to subdivide and sell the individual lots. Sometimes called production home builders, they will build a slew of homes and offer a small variety of floor plans for each home. While there is not much customization, these houses usually are the most cost-effective new constructions to purchase. 

The trade-off is that they are quicker to build than other customized homes. To market the properties, the developer brings interested buyers to a model home. This way, you can get a sense of what each upgrade to kitchen counters, flooring styles, and other amenities would look like in your house. 

The next step up from tract dwellings is speculative home builders. They will erect two or three spec homes and put them up for sale. If you get in touch with one of these builders, you can get a lot of flexibility on customization. This type of home comes at a higher price point than a tract home, but buyers have more ability to personalize their home. 

The middle-of-the-road option for buying a new construction home is finding a semi-custom builder. Unlike a tract or speculative developer, you can choose what lot you want your home on when working with a semi-custom builder. From there, the developer provides you with a few floor plans to pick from. 

When money is not an issue, you will want to go with a home you designed from the bottom up. You will want to contract a custom home builder for a job like this. In addition to choosing a lot, you have complete control over the home's design. 

The sky's the limit with a house like this, although it takes much longer to complete construction. That is why you have to consider your financing and what timeline is available. 

How much time will it take to complete construction?

Even when there are no issues with the supply of construction materials, a new build takes a considerable amount of time. 

Delays due to bad weather, long lead times for materials, and shortage of skilled labor are just a few examples of how delivery of a new home can be delayed. The worst is if there is an issue acquiring the proper permits. The city or town you build a home in has various codes and regulations, which have to be followed to the letter. Without the needed permits, the local government can halt construction at your location. 

So while you may have a target completion date and hope to move into your new home before the summer for example, make sure to set aside a few weeks or even months as a buffer just in case a hang-up puts your building process on hold. 

How to finance your new construction purchase

Just like buying a resale home, most buyers will likely require financing to purchase a new construction property. 

But the process is a bit different since the bank will not lend you money for the project until the developer completes the home. Depending on your life situation, this could create complications if you try to time your move with the seasons or school year. There are several options available to people buying a home that is under construction, and each has pros and cons. 

For instance, a bridge loan could work for you if you already own a home. These loans let you use your current home's equity prior to selling it. Mortgage lenders will advance you cash, giving you six to nine months to sell the property. And that is where using a bridge loan gets tricky; if you don't sell your home within that time frame, you still have the loan and debt on your shoulders. 

For custom-built homes, you will likely want to consider a construction loan. Your lender provides you with short-term funds to pay for construction, although you have to put down 20-25% in a down payment. Plus, you will end up having a higher interest rate too.

The next option available is builder's financing. Developers typically have relationships with lenders as they're constantly taking out lines of credit to fund new projects. Using your builder's lender could be a faster means of financing, but you should proceed with caution. 

Just because the builder likes this lender does not mean they will provide you with the best terms. Even if a builder offers you access to their lender, be sure to interview and meet with other financiers to secure an interest rate that fits your budget. Trying to build a home while selling a property is a trying affair, and that is why you will want an expert buyer's agent to bolster your search.

Find an agent skilled in new construction 

When buying a newly built home, there is a misconception that you do not need an agent. 

It is possible to do, although you miss an opportunity to learn a lot about the construction and home buying process. And just like buying a resale home, your agent can help you negotiate for the best price and upgrades. 

Considering how complicated it is to buy a home under construction, your agent can educate you on each step, from picking a lot to getting the keys to your new home after closing. Your builder will likely have an agent ready and may even offer to pay their commission. 

But it would help if you still vetted your own shortlist of buyer's agents. The real estate agent you work with should have experience and understanding of new construction homes since you are buying a dwelling that doesn't exist yet. You may want to consider having your agent help sell your current home as you await construction to finish on your new one. 

Your best bet is to get an agent before looking for properties, as the developer requires your agent to be present at the first visit. If you get an agent after your first visit, the developer might not let you register them depending on how far into the transaction you are. And as you get closer to the move-in date, you will want your agent there for critical home inspections. 

Plus, getting an agent can help make your purchase more affordable if they offer commission rebates. 

Bolster your budget with a commission rebate 

Buying a new construction home is an expensive endeavor. New homes generally cost more than a comparably sized resale, and the price increases depending on the materials used and the upgrades of the house. 

The higher price might set your budget back, but you can save thousands after closing if you work with the right agent. As you meet with agents, ask them about their experience working with new construction homes and if they offer commission rebates. 

Sometimes called commission refunds, this tool allows your buyer's agent to provide a part of their broker fee back to you at closing. The practice is legal in 40 states and reshapes buyers' work with their brokers. 

Firms like Prevu Real Estate offer one of the largest commission rebates in the nation, providing new homeowners with a portion of their buyer’s agent commission. These funds are handy for owners of new construction, as they can help furnish the property or act as a nest egg to rebuild depleted savings. 

What upgrades should you consider? 

Depending on the type of newly constructed house you buy, a slew of upgrade options are commonly available. 

Make sure to focus your upgrades on high-impact areas of the home like the living room, kitchen, and primary bedroom. Investing in granite countertops, top-of-the-line cabinets, and good flooring will raise the value of your home when it is time to sell. 

But there are some upgrades you can put off, like the bathroom or finishing a basement. And you want to avoid what is colloquially called the builder's special. Since tract builders develop homes in bulk, they purchase cost-effective supplies to offset expenses. 

For instance, you and your agent will want to negotiate upfront that the developer holds off on installing lights. They will likely have a limited range of options, and you can easily upgrade the lights to your liking once you move in. Kitchen appliances are another feature you can hold off on and customize to your liking once construction comes to a close. 

The one thing to avoid is having a patio installed as soon as the home is ready for you to move in. There is a chance that a concrete patio could crack if you do not give the house time to settle.

Interested in buying a new construction home? Browse listings in your favorite neighborhood and see how much you can save with Prevu’s Smart Buyer Rebate.

The glitz and glamor of Park Avenue and the mesmerizing Museum Mile are certainly some of the headliners of these coveted NYC areas. But past the multi-million dollar co-ops, melting pots of cultural attractions, and expensive restaurants (sometimes too expensive), a special layer makes this slice of the Big Apple unforgettable.

Meander past 96th Street, and you’ll discover Manhattan Valley, a biome of cultural richness evident on almost every corner, from unique eateries to historic monuments. Head to Carnegie Hill and find yourself gawking at some of the most magnificent (and priciest) residential architecture found in New York. But keep going east, and you’ll find some of the Upper East Side’s most treasured haunts and its signature neighborhood charm.

New York City is chock full of desirable places to live, but few can offer the bucolic escape of Central Park. Below, we will provide you with a tour of some of the top neighborhoods near Central Park and the myriad perks they come with.

Best neighborhoods near Central Park

• Manhattan Valley
• Upper West Side
• Lincoln Square
• East Harlem
• Lenox Hill
• Carnegie Hill
• Midtown East

Manhattan Valley

Even some seasoned locals tend to lump everything from 59th Street to 110th Street as the Upper West Side. But we like digging into the details, and within those fifty streets are pockets of unique neighborhoods that easily stand alone. One of them is Manhattan Valley.

Stretching from West 96th St. to West 110th St. (though the exact borders are sometimes debatable), Manhattan Valley is one of the few remaining Central Park neighborhoods that can still toy with the word “affordable” in its vocabulary. And we mean affordable compared to the rest of the Upper West Side.

Manhattan Valley began to develop during the 19th century, as elevated rail lines stretched to connect the region to the rest of the island and spurred a wave of new residents. It once bore the name “Bloomingdale District” - not because of the famous department store; it was an anglicized version of the name Dutch settlers gave the area - but soon rebranded itself to Manhattan Valley.

Rich in diversity and culture, the Valley quickly displays that community makes it unique. Of course, having the upper reaches of Central Park right on your doorstep (along with Columbia University and Riverside Park) also helps.

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Upper West Side

Nestled between Central Park and the Hudson River, the Upper West Side offers an escape from the frenetic pace of other parts of Manhattan while still providing the urbane experience you'd expect from the city that never sleeps.

Art aficionados will find themselves at home, given the presence of prestigious institutions such as the American Museum of Natural History and the New York Historical Society. The Upper West Side claims a unique stretch of Central Park, which includes gems like the Bow Bridge and the Bethesda Terrace.

Then there’s the diverse architectural portfolio, showcasing a mix of classic brownstones, an exquisite selection of some of NYC’s most coveted pre-war architecture, and a range of more contemporary high-rise apartments. It isn't uncommon to find beautiful tree-lined streets that transport you back to a bygone era, where ornate detailing on buildings evokes a sense of historic New York charm.

One of the Upper West’s biggest perks is that it’s entirely self-sustainable; you virtually never have to leave its limits to have everything you need. 

The real estate options, though versatile, don't often come cheap. But then again, the price of admission guarantees a slice of one of Manhattan's most cherished enclaves.

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Lincoln Square

One of the most famous sections of the Upper West Side, Lincoln Square is one of the few NYC areas that miraculously blends a neverending entertainment scene with a laid-back residential oasis. 

It’s hard to imagine that a tiny square (by New York City standards) is home to cultural powerhouses like The Julliard School, Lincoln Center for the Performing Arts, and the Metropolitan Opera. Become a resident here, and your neighbors will rotate from renowned jazz pianists to world-famous philharmonic orchestras. Needless to say, you’ll never run out of weekend or weekday plans if you decide to live in Lincoln Square.

Compared to other high-traffic areas, Lincoln Square tends to be more tame. Sure, you’ll have to surf through crowds on high-profile performance nights and learn to tolerate the rush-hour traffic, but slip into any of the connecting streets, and you’ll quickly insulate yourself from all the noise. 

Central Park West is just a few blocks away, giving you access to the vast Sheep Meadow. Or, if you want something a bit more secret, head west toward the river, and you’ll discover the hidden West End Park. A few more blocks west, and you’ll arrive at Riverside Park South, replete with all the waterfront views you could want.

Naturally, homes here are in high demand, especially if you want views of Central Park. But you’ll find a vast selection of majestic pre-war builds, amenity-packed modern high-rises, and the unbeatable townhouses that have long defined the area’s desirable housing stock.

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<smarttip text="Did you know you can get a rebate from your broker in NYC? Buying with Prevu you’ll pocket a portion of your agent's commission. On a $2 million property, you’d receive up to $30,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save when you buy in NYC!"></smarttip>

East Harlem

It may be a cliche thrown around about every area since the inception of NYC, but there really is no other neighborhood like East Harlem. 

From the mouth-watering Latin American eateries to the historic streets that served as chapters to the incredible stories of Puerto Rican and Dominican-American immigration, East Harlem’s universe is a divine portrait of NYC’s multi-layered diversity.

Known by locals as “Spanish Harlem,” a blitz of Latin-American flavor and sound will be the first thing you likely notice as you take in its lively avenues. You’ll have no trouble getting to know your neighbors and maybe even sharing a cafe con leche on the weekends. You’ll also have no trouble finding delectable cuisine: Mexican, Dominican, and South American restaurants pepper the entirety of East Harlem and almost always deliver an unforgettable experience.

East Harlem enjoys a unique portion of Central Park that’s also packed with vivid attractions. The North Meadow is a casual maze of winding trails that can as easily deposit you at the Butterfly Gardens as it can on the western side of the park so you can explore the Glen Span Arch.

El Museo Del Barrio, the City Museum of New York, and the Conservatory Gardens are all in your backyard if you want to plan a weekend activity.

Homebuyers will mostly be exploring a wide range of condos and pre-war buildings. The closer you are to the park, the higher the price may get. But any street you settle on will still provide you with easy access to the area’s best attractions.

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Lenox Hill

Like the Upper West, the Upper East Side is home to its vast array of characteristic neighborhoods. The largest of these is Lenox Hill, stretching all the way from E 77th St. to E 59th St. The westernmost limit of Lenox Hill is the legendary 5th Avenue, hugging a large swathe of Central Park’s eastern limits and serving as a direct route to Museum Mile’s foremost attractions.

The neighborhood packs an incredible amount of culture and industry within its borders, from the renowned Lenox Hill Hospital to the plethora of art galleries and antique shops that line its streets.

This is a neighborhood where upscale dining establishments share the block with cozy bistros and corporate avenues wind and loop with laid-back sidewalk cafes, homegrown eateries, and college bookstores. 

Lenox Hill is home to Hunter College and the nearby Park Avenue Armory, which is a nucleus for many of the Upper East’s most avant-garde art installations and performances. It can get dizzying to feel the neighborhood shift from a 9 to 5 corporate machine to a relaxed oasis with a neverending list of top eateries to explore, but you’ll get used to it quickly enough. 

Aspiring buyers will have their itineraries full of unique condo offerings to explore. Many are pre-war masterpieces, while others injected modern amenities and style into their design. You’ll have plenty to explore within the busier avenues like Lexington and Park as you will in the quieter artery streets.

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Carnegie Hill

No, you won’t find Carnegie Hall here - even though the neighborhood gets its name from the same person - but you will find some of the most palatial real estate available in Manhattan.

Carnegie Hill’s illustrious streets are fittingly married to the nearby Museum Mile; it’s hard to discern whether you are looking at consulates, hidden museums, or someone’s private townhouse. One thing is certain, however: the area’s immaculate architecture commands some of the highest price points in the nation and can be extremely limited in availability. 

Don’t be discouraged; even though Carnegie Hill stretches only ten blocks long, it can still offer multiple condo options for the curious buyer.   

Much of the area is a residential paradise: Tree-lined streets, historic mansions, and an almost insulated calm that separates this area from the business of nearby Lexington Avenue. The Metropolitan Museum of Art, the Guggenheim, and the Jewish Museum are just some of the world-class attractions you’ll have at your front door when living in Carnegie Hill.

Then, of course, there’s Central Park. As if the exuberance of world-famous museums and multi-million dollar mansions wasn’t enough, Carnegie Hill lays claim to another unbeatable perk: it overlooks the Jacqueline Kennedy Onassis Reservoir, the largest body of water found in the park.

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Midtown

If you can survive the neon-spiked onslaught of Times Square - and the swaths of tourist attractions that sometimes even draw the locals in - head north on 7th Avenue. 

Cruise past the famous Radio City Music Hall, enjoy the view of the Rockefeller Center in the distance, take note of the nearby Museum of Modern Art, and then pay attention to how the neighborhood changes.

The closer you get to Midtown’s section of Central Park, the more drastic the change in atmosphere. High-octane pedestrian and vehicular traffic give way to a slew of ultra-luxury boutiques and a slightly tamer pace. French-themed cafes and bakeries will start replacing the Hard Rock Cafe and the Hershey Store. 

Keep going until you reach 57th Street (this is where you’ll find Carnegie Hall) and you’ll see one of the most popular stretches of Central Park open up in front of you.

Surrounded by an array of coveted condominium high-rises, this portion of the park is one of the most desirable areas in NYC. Thanks to nearby Columbus Circle, the entirety of the island, and, in turn, all of the five boroughs, is at your fingertips. From there, you’ll gain access to all the major subway lines that can connect you to almost every part of the Big Apple. 

This accessibility makes this part of Midtown a commuter’s dream. However, be prepared to live every minute like a New York minute. The streets can get busy, and nearby attractions can quickly pack the neighborhood. But you’ll soon learn that this slice of the island also lives the best of both worlds. If you want to escape the pace, just slip into Central Park and wander off. After all, it’s right on your doorstep.

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Suddenly, your focus shifts from finding “the one” to figuring out what the right price is for the apartment. At this point, you will begin to discuss real estate comparables, also known as comps, and review CMA’s in order to devise a negotiation strategy when you make an offer.

Real estate comps in NYC are unique as there are many factors to consider. There are more diverse property types in the city compared to neighboring suburbs - condos, co-ops, single-family homes, townhouses, and multi-family homes. Therefore, finding similar properties for comparison is both an art and a science.

There are more high-rise buildings where the floor of the building and views can dramatically affect the value of an apartment. Plus, let’s not forget the range of amenities that new development condo buildings offer owners.

In order to help you prepare for your purchase, below we highlight some of the key terms and topics you’ll need to know when discussing NYC real estate comps with your buyer’s agent.

What is a CMA?

When real estate agents throw around the term “comp” or “comps”, they are using industry lingo for a comparable unit or comparable units. 

A comparable market analysis, commonly referred to by the acronym CMA, is a summary of recent sales, pending sales, and current listings in a specific area that most resemble the attributes of an apartment you are interested in buying or selling. 

This CMA report is typically prepared by your real estate agent using data-driven software, and is meant to be an approximation of value based on recent sales and market trends. 

It is important to note that CMA reports are not appraisals, which are used by banks in formally valuing the collateral of your apartment.

What’s included in a comparable market analysis (CMA)?

• Recent sales
• Pending sales 
• Current listings

Understanding price per square foot

When evaluating the value of an asset like real estate, it is important to have metrics that allow you to compare units on an apples to apples basis. In metropolitan markets like NYC, one of the key metrics used price per square foot. 

You can calculate the price per square foot of an apartment or home by dividing the listing price by the number of square feet noted in local property records or building offer plan. This gives you a quick and easy barometer to compare the relative value of your dream apartment with other units in the building or in the neighborhood.

Price per square foot is especially helpful when evaluating NYC condo comps. Co-ops on the other hand are less reliant on this measure. The offering plans of many co-op buildings do not provide square footage data, and therefore square footage is not included on most co-op listings throughout the city.

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Recent sales in the same line

The clearest and most relevant unit comparable for any NYC apartment is a recent sale of an apartment in the same line of the building. For example, if you are interested in buying 7B, the recent sale of 5B or 9B would likely be an immediate benchmark to look at for both absolute price paid as well as price per square foot.

In most NYC buildings, the same line has the same floor plan, same approximate square footage, and generally offers comparable views and light. This is especially true in newer condo buildings where the finishings of each apartment in the line are similar and less likely to have gone through dramatic renovations.

Recent sales in the building

Some buildings trade at a premium or discount to other condo or co-op buildings in the neighborhood. The reason for this can vary due to financials of the building, condition of the building, amenities, proximity to public transport, and the list goes on. 

For this reason, recent sales within a building are generally more important than the overall neighborhood averages in estimating value.

Sales trends in the neighborhood

There’s the old adage in real estate - location, location, location. Trends in a local community or neighborhood can affect perceived property value. New development, changes in transportation, changes in office habits, and the arrival or departure of local businesses can all affect the value of properties in a specific area.

As a result, the average prices of different neighborhoods or even different boroughs can vary.

How recent are the comparable sales?

In ordinary times, recent sales in the past six to twelve months provide a fairly accurate picture when assessing market value for a property. However, in more uncertain markets like New York and the United States has witnessed in 2020 during the Covid situation or in 2008 to 2009 during the global financial crisis, more recent comps should be analyzed.

Where can you find NYC real estate comps?

Whether your real estate agent is using a software tool or manually inspecting comps via listing aggregators like StreetEasy, it is important to note that all completed sales in NYC are recorded in the Automated City Registrar System - commonly referred to by the acronym ACRIS. This system includes all of the transactions for Manhattan, Brooklyn, Queens, and the Bronx.

The perceived value of apartment amenities 

One of the allures of NYC real estate are all of the apartment amenities. Years ago, it was a luxury to have a doorman. Fast forward to today and new developments are offering more building amenities than residents can use in a lifetime.

In most cases, all of the extra features and services a building offers equate to more luxurious pricing. In addition to higher purchase prices though, keep in mind you will be paying higher common charges or maintenance fees too. 

For example, buildings with a doorman or concierge, shared rooftop spaces, or spa-like fitness centers will trade at a premium to similar buildings that are non-doorman or lack shared amenities.

How to adjust for private outdoor space and rooftops

In an ideal world, there will be multiple recent sales of apartments with comparable private outdoor space in the building or neighborhood. If not, there are some easy adjustments you can make to estimate the potential value of that extra space.

First, not all private outdoor space is created equal. The size and views from the outdoor space differ greatly depending on where you are on the outdoor spectrum. A juliet balcony overlooking an internal courtyard will garner less of a premium than a penthouse’s rooftop terrace with sweeping views of the city.

Second, accounting for the value of private outdoor space can seem like a spreadsheet game. A good framework to evaluate an apartment with outdoor space is to look at a sum of the parts valuation of the interior square footage and the exterior square footage. Most experts believe that exterior space justifies 25% to 50% of the price per sqft of the interior square footage with the higher percentage used for larger exterior spaces.

Let’s look at the example of a NYC apartment with 1,000 square feet of interior space and 250 square feet of terrace space in a neighborhood where a comparable unit without a terrace trades for $1,200 per square foot. 

Approximate value of outdoor space - NYC example

• Interior Space:  1,000 sqft x $1,200 per sqft
• Exterior Space: 250 sqft x (25% x $1,200 per sqft)
• Total Space: $1,275,000

How to adjust for the floor of a building

Living on a higher floor in an elevator building typically means you’ll have better views, more natural light, and less city street noise. Due to all of these benefits, the pricing of similar units in the same line of a building will gradually increase as the floor you are on increases. Once you are beyond the first several floors of a building, a good rule of thumb is that price will increase by approx 1% per floor for comparable units.

The reverse is true for living on a higher floor in walk-up buildings. Without an elevator, the perceived value goes down for every floor you’ll have to walk up. Additionally, walk up buildings reduce the number of New Yorkers that can potentially buy your apartment on re-sale.

Adjustments for renovations

In older NYC buildings, you are more likely to see a bigger variance in the degree to which apartments have been renovated by previous owners. You may visit a couple units for sale in the same building. One unit may need a gut renovation, while the other may have been modernized with state of the art everything.

A safe way to adjust for the value of renovations is to first determine what an average, well-maintained apartment should be priced at based on the comps. Then add value for the items which have been renovated, or subtract value for the items that require serious updating.

It is important to keep in mind, when adjusting for the value of renovations, use estimates for what a reasonable renovation of a kitchen, bathroom, or flooring would cost. Just because the previous owner overpaid for a luxurious renovation, does not mean you have to.

Negotiate the best price

After all is said and done, analyzing real estate comps only gives you a benchmark of value. Once you have a pulse of what that value range is for the NYC home or apartment, you will be able to make an informed decision and negotiate the best price with your agent.

Interested in buying an apartment in NYC? Browse listings and see how much you can save with Prevu's Smart Buyer Rebate.

Home to four of the ten largest cities in the United States, Texas doesn’t shy away from pushing the limit to just how grand it can get. With a roster that includes Houston, Dallas, San Antonio, and Austin, the Lone Star State has no shortage of coveted areas that can attract almost any buyer.

Whether you want to plant yourself in Houston, the “Energy Capital of the World,” and have the famed Museum District and Energy Corridor in your backyard or place roots in Dallas and taste some of the most legendary barbecues in the world, the boons of Texas’s famed cities might even make you forget the state’s biggest perk of them all: no state income tax.

Below, we will take you on a personal tour of one of the country's most diverse and action-packed states, from the glamorous skylines of Houston and Austin to the mesmerizing nature and attractions of San Antonio; these are the top places to live in Texas.

Best places to live in Texas

• Houston
• Dallas
• Austin
• San Antonio
• Round Rock
• El Paso
• Galveston
• Waco
• Corpus Christi
• Lubbock
• Plano

Houston

You don’t earn the nickname “Energy Capital of the World” overnight. While any city would be content with such an impressive title, it’s just one of many in Houston’s collection of iconic monikers.

The largest city in Texas and the fourth largest in the United States, “Clutch City” is home to unique neighborhoods and desirable suburbs, each packed with unique attractions and lifestyles.

The famed Energy Corridor and legendary Museum District are just a few of the renowned attractions and business districts you’ll have access to should you choose to call Houston home. 

Houston is also home to twenty five Fortune 500 companies, putting it on the map as a powerhouse in Texas’s economic landscape. Add to that a collection of James Beard Award-winning restaurants and eateries, and you’ve got a city with a lot to offer.

Buyers can explore a variety of unique home options, as well. Downtown Houston puts up the city’s top condo developments and new constructions on display, while calmer neighborhoods, such as the artsy Montrose and luxurious River Oaks provide a more laid-back residential atmosphere.

One also can’t talk about Houston without mentioning it’s unparalleled recreational offerings. The renowned Buffalo Bayou Park, which features its own unique trail and a charming river, along with Memorial Park, create access to the outdoors no matter where you decide to settle in the city.

Dallas

From the trendy streets of Deep Ellum, known for its vibrant nightlife and live music venues, to the stately homes of Highland Park, Dallas’s eclectic neighborhoods can accommodate almost any lifestyle. 

Art enthusiasts will feel right at home in Dallas, as well. The city is home to the largest arts district in the United States, the Dallas Arts District, which is home to famed art venues such as the Dallas Museum of Art and the Winspear Opera House. 

The city's commitment to the arts is also matched by its dedication to recreational spaces. The expansive Klyde Warren Park is a perfect example, featuring 5.2 acres of public green space to explore. Additionally, Dallas's historical significance is palpable at sites like the Sixth Floor Museum at Dealey Plaza, which offers a poignant look at the legacy of President John F. Kennedy. 

The city’s calendar is always brimming with events and activities. The State Fair of Texas, held annually at Fair Park, is a highlight, drawing visitors from across the nation with its iconic 55-foot-tall Big Tex statue, decadent food, live music, and carnival rides. 

For sports enthusiasts, Dallas's status as a major sporting hub is undisputed, with the city rallying behind its NFL team, the Dallas Cowboys, affectionately dubbed "America's Team." Basketball fans, meanwhile, can enjoy watching the Dallas Mavericks, while the Dallas Stars offer NHL hockey for fans to enjoy at the American Airlines Center.

For potential homebuyers, the Dallas housing market offers a diverse range of options, from a mix of historic homes and modern condos to luxurious estates and turnkey developments with the latest in modern amenities. 

Austin

Austin's story began with its founding in 1839, which saw it evolve from a sleepy community into the self-proclaimed "Live Music Capital of the World." 

Austin’s spirit is best experienced through its myriad festivals and events that celebrate everything from music and film to food and technology. 

South by Southwest (SXSW) and the Austin City Limits Music Festival draw visitors from all corners of the globe, showcasing the city's commitment to creativity and innovation. But it's not just about the big events; Austin's daily rhythm is marked by live music echoing from bars in the Red River Cultural District, food trucks serving up everything from Tex-Mex to gourmet donuts, and outdoor activities along the shores of Lady Bird Lake.

The housing market in Austin offers a range of options from sleek downtown condos to charming bungalows in leafy neighborhoods. The city's near-constant growth has helped spur a development boom, with new construction catering to an influx of young professionals and families alike. 

Despite this growth, Austin’s unique neighborhoods maintain a sense of community and accessibility that's hard to find in other major cities. Whether it's paddle boarding on the lake, exploring the green oasis of Zilker Park, or catching a film at the historic Paramount Theatre, Austin provides an unparalleled quality of life that's both dynamic and deeply rooted in Texas tradition.

San Antonio

The famous site of the pivotal battle of the Alamo during the Texan Revolution, San Antonio is no stranger to flaunting its rich history. Yet, just a stone's throw away, the River Walk offers a stark contrast with its bustling restaurants, shops, and vibrant nightlife, all nestled along the winding paths of the San Antonio River.

The Pearl District epitomizes San Antonio's culinary, retail, and cultural scene, teeming with local eateries, retail shops, renowned zoos, and a stunning botanical garden. 

Aspiring homeowners will have a spectrum of choices that cater to a variety of preferences and budgets. With its opulent 19th-century mansions, the King William District speaks to the city's architectural heritage and offers a peek into its affluent past. Meanwhile, newer developments in areas like Stone Oak cater to those seeking a master-planned community lifestyle.

Top events to look out for are Fiesta San Antonio, a vibrant celebration of the city's rich cultural heritage, and the San Antonio Stock Show & Rodeo, one of the largest events of its kind in the country. These events, alongside the everyday offerings of Tex-Mex cuisine and barbecue, underscore the city's reputation as a culinary hotspot.

Outdoor enthusiasts aren't left wanting either, with Brackenridge Park serving as a central hub for activities ranging from golfing to picnicking beside the San Antonio Zoo. The Mission Reach is another unique attraction, utilizing an eight-mile stretch of the River Walk that connects residents and visitors to the San Antonio World Heritage Mission Sites, blending recreational space with historical preservation.

Round Rock

Known for serving as the headquarters of Dell Technologies, Round Rock features a robust economic landscape but is particularly celebrated for its natural beauty. 

The nearby Brushy Creek Regional Trail offers miles of scenic paths for hiking, biking, and exploration, packed with parks, lakes, and historical areas. The crown jewel of the city's outdoor attractions, however, is the Round Rock Sports Center, which hosts local, regional, and national sporting events, making the city a hub for sports enthusiasts. 

The city's retail and dining scene is another draw, with the Round Rock Premium Outlets offering a shopping experience that attracts visitors from across the state. Meanwhile, local dining spots celebrate Texas cuisine, from savory barbecue to international delicacies, ensuring that there's something to satisfy every palate.

Housing in Round Rock showcases everything from charming suburban neighborhoods to upscale apartment complexes. Housing inventory here can cater to first-time homebuyers, growing families, and luxury seekers. The planned communities are designed to focus on accessibility, ensuring that parks and shopping centers are easily accessible no matter where you settle.

The city is also home to unique events that unite the community, such as the Round Rock Express games at Dell Diamond, and the annual Chalk Walk Arts Festival is another highlight, transforming the streets into a canvas of vibrant artwork that celebrates local talent and creativity.

El Paso

El Paso’s rich story is woven from its historical significance as a major player in the Texas Revolution and as a critical site during the Mexican-American War, providing a deep, multifaceted historical backdrop that enriches its modern-day identity.

One of El Paso's standout features is its culinary scene, which is a delectable fusion of Tex-Mex and authentic Mexican cuisine. Restaurants like L&J Cafe, a local favorite since the 1920s, offer dishes that tell a story of cultural convergence. For those seeking an authentic taste of El Paso, the city's numerous taco trucks and street vendors serve up flavors that can't be found elsewhere, showcasing recipes that have been passed down through generations.

El Paso is also renowned for its unique events celebrating its rich cultural heritage. The annual Fiesta de las Flores highlights the city’s rich Hispanic culture with a parade, live music, and traditional foods. 

Curious homebuyers can explore historic homes in the Sunset Heights district to modern developments in the growing East Side area. With its affordable cost of living compared to other Texas cities, El Paso presents an attractive option for those looking to purchase their first home or invest in real estate.

El Paso's unique history and attractions add another layer to its appeal. The El Paso Mission Trail, which features some of the oldest missions in the United States, offers a glimpse into the city's Spanish colonial past. Meanwhile, the Franklin Mountains State Park provides outdoor enthusiasts with over 24,000 acres of rugged terrain to explore, making it a perfect destination for hiking, biking, and picnicking.

Galveston

Once known as the "Wall Street of the South," Galveston thrives on its unique blend of natural beauty, historical significance, and modern-day allure.

With over 32 miles of Gulf Coast beaches, Galveston invites visitors and residents alike to bask in its laid-back atmosphere.

Beyond the beaches, Galveston is dotted with attractions that offer insights into its rich history and natural wonders. The 1877 Tall Ship ELISSA and the Texas Seaport Museum tell the tale of Galveston's maritime legacy, inviting visitors to step back in time and explore the city's deep connection to the sea.

The first stop on anyone’s itinerary when exploring Galveston should be The Strand Historic District. This National Historic Landmark District is lined with Victorian-era buildings that now house eclectic shops, galleries, and eateries, serving as a living museum of the city's prosperous late 19th-century era. Here, history buffs and casual explorers can wander through antique stores, sample local seafood delicacies, or simply enjoy the architecture that has stood the test of time.

Galveston's culinary scene offers everything from casual beachfront cafes to upscale dining experiences. The city prides itself on its seafood, with local favorites like Gaido's Seafood Restaurant serving up fresh catches since 1911. For those with a sweet tooth, La King's Confectionery transports visitors back in time with its 1920s soda fountain and handcrafted treats.

The island is also home to unique events and festivals like the Mardi Gras Galveston, one of the oldest Mardi Gras celebrations in the country, and the Galveston Island Shrimp Festival, which honors the city's maritime heritage with a shrimp gumbo cook-off, live music, and a boat show.

Waco

Waco has become a top destination in Texas for homebuyers, boasting rich attractions, cultural sites, and a burgeoning culinary scene. 

At the heart of Waco's resurgence is the Magnolia Market at the Silos, a brainchild of Chip and Joanna Gaines of HGTV's "Fixer Upper" fame. This landmark has transformed the city into a pilgrimage site for home décor enthusiasts and fans of the show, offering a unique blend of shopping, dining, and leisure activities.

The city's commitment to preserving its history while embracing the future is evident in its museums and educational institutions. The Mayborn Museum Complex at Baylor University offers interactive exhibits that engage visitors of all ages, spanning natural history, cultural displays, and a historic village. Meanwhile, the Texas Ranger Hall of Fame and Museum pays homage to the legendary law enforcement agency, showcasing artifacts and stories that trace the Rangers' storied past.

From food trucks serving up gourmet bites in the shadow of the Silos to cozy cafes and bustling barbecue joints, the city's food scene is a testament to its creative and community-driven ethos. Annual events like the Texas Food Truck Showdown highlight Waco's culinary talents, drawing foodies from across the state and beyond.

For those considering Waco as a place to live, the city offers many housing options, from charming historic neighborhoods to modern developments. The housing market here can often provide an affordable alternative to the larger metropolitan areas of Texas, with various styles and communities to suit every preference.

Corpus Christi

One of Texas’s most alluring coastal cities, Corpus Christi has amassed a set of enticing nicknames. 

From "Sparkling City by the Sea," to “The Real Windy City” - a jab at Chicago as Corpus Christi’s location on the Gulf of Mexico features even windier conditions -  the city's allure has long since placed it as one of the best places to live in Texas. Corpus Christi is a haven for water sports enthusiasts, nature lovers, and anyone looking to soak up the sun in a city that feels like a perpetual vacation.

One of Corpus Christi's standout features is its commitment to preserving natural habitats and promoting outdoor activities. The Padre Island National Seashore, the longest undeveloped barrier island in the world, offers pristine beaches, dune systems, and a safe haven for numerous wildlife species. It's a prime spot for bird watching, fishing, and kayaking, as well.

The city's culinary scene is a testament to its cultural diversity, emphasizing fresh seafood and Mexican cuisine. Local establishments like Snoopy's Pier serve up dishes that are as much a part of the city's identity as its beaches. For a unique dining experience, the Water Street Market houses several restaurants where diners can enjoy fresh catches against the backdrop of Corpus Christi Bay.

Corpus Christi also boasts a vibrant arts and culture scene, with festivals and events celebrating its rich heritage and diverse community. The Texas Jazz Festival, one of the longest-running free jazz festivals in the country, showcases local and national talent. Meanwhile, the Art Museum of South Texas offers a glimpse into the region's artistic contributions while the Selena Museum celebrates the legacy of the legendary late singer.

For prospective residents, Corpus Christi's real estate market presents a range of options, from beachfront properties to suburban homes. The city's growth has been thoughtfully managed, ensuring that new developments enhance rather than detract from the coastal charm that defines the area. 

Lubbock

This city, often called "Hub City" due to its pivotal role in the region's economy, education, and healthcare, boasts a unique blend of pioneering heritage and contemporary flair.

At the core of Lubbock's identity is its deep musical roots, most notably as the birthplace of rock 'n' roll legend Buddy Holly. The Buddy Holly Center not only pays homage to Holly's legacy but also serves as a cultural hub for the city, offering insights into Lubbock's rich musical heritage and its impact on the world stage. Music continues to be a central aspect of Lubbock, with the vibrant live music scene in the Depot District offering nightly performances ranging from country to blues and rock.

To understand why “Hub City” stuck as Lubbock’s moniker, one has to look at its educational powerhouses. Texas Tech University, established in 1923, is a leading institution that attracts students and scholars from across the globe. The university's campus is a focal point of activity, innovation, and pride, with the Museum of Texas Tech University providing a treasure trove of knowledge spanning natural history, art, and culture.

The city's culinary landscape mirrors its cultural diversity, with a dynamic food scene that celebrates Texas staples while embracing global flavors. From smoky barbecue joints to upscale dining experiences, Lubbock offers a taste for every palate. Local favorites like Evie Mae’s Pit Barbecue - just outside of Lubbock -  and La Diosa Cellars showcase the city's knack for blending traditional Texan fare with innovative culinary concepts.

Lubbock's calendar is almost always packed with local events and festivals, as well. The Lubbock Arts Festival and the National Cowboy Symposium and Celebration are just a couple of examples where locals and visitors alike immerse themselves in the arts, history, and lore of the West.

Plano

Plano, nestled within the bustling Dallas-Fort Worth metroplex, stands out as a city that expertly navigates the balance between urban sophistication and suburban tranquility. 

Plano’s historic downtown showcases boutique shops, eateries, and galleries housed in beautifully restored buildings. This area, a testament to the city’s commitment to preserving its heritage while fostering growth, is the heart of community life, hosting festivals, markets, and concerts.

Legacy West and The Shops at Legacy are two notable destinations where dining and shopping meet with unparalleled elegance. Here, one can savor dishes crafted by renowned chefs, browse high-end boutiques, or simply enjoy the lively atmosphere that defines Plano’s modern lifestyle.

Plano's dedication to the outdoors is evident in its extensive park system, which offers over 4,000 acres of parkland and which earned the city multiple “Best Park System in Texas” awards. 

Arbor Hills Nature Preserve and Oak Point Park and Nature Preserve are just two examples where nature enthusiasts can hike, bike, or simply relax amidst the natural beauty. 

For those looking to call Plano home, the city boasts a variety of housing options, from luxurious apartments in urban centers to spacious homes in quiet neighborhoods. 

Interested in buying a home in Texas? Browse listings in your favorite city and see how much you can save with Prevu’s Smart Buyer Rebate.

• Homes for sale in Houston, TX
• Homes for sale in Dallas, TX
• Homes for sale in Fort Worth, TX
• Homes for sale in Austin, TX
• Homes for sale in Round Rock, TX
• Homes for sale in Plano, TX

Top Home Styles in Texas

• Hill Country
• Craftsman
• Bungalow
• Queen Anne
• Texas Style Ranch
• Farmhouse
• Mission
• Spanish Revival
• Southwestern
• Mid-century Modern

Texas house plans often incorporate local materials and design elements that reflect the state’s diverse architectural heritage. These diverse architectural styles contribute to the unique category of Texas style homes, which are highly sought after by homebuyers.

Hill Country

Craftsman 

Bungalow

<smarttip text="Did you know you can get a rebate from your real estate broker in Texas? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $1,000,000 home, you’d receive up to $10,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how to save when you buy!"></smarttip>

Queen Anne

Simplicity and symmetry have no place in the Queen Anne style.

A branch of Victorian-style architecture, Queen Anne incorporates as much embellishment and flourish as possible in its fairy tale story homes. Some of the most breathtaking examples of this luxurious style are strewn all throughout Texas.

The skillful decoration that graces all Queen Anne-style homes is evident from the roof to the porch. Tall, story-book turrets and detailed bay windows usually dot these homes, sometimes in a whimsical pattern.

But as over-the-top as they may sometimes seem, Queen Anne homes are the epitome of jaw-dropping architectural achievement, and very few are listed for sale. 

Texas Style Ranch

Farmhouse

Mission

The Mission-style homes found in Texas are nothing short of extravagant.

Brought to North America by Spanish explorers, the style exhibits a simplicity that pairs perfectly with the open terrain of Texas and its scorching summer temperatures.

The Mission homes found today throughout the West Coast and the Southwest and Texas originated during the Art Noveau period between 1890 and 1910. 

The iconic terracotta tiles, curated front lawns, and central patios give the Mission style a quality of simplified luxury. Many Mission homes’ exteriors are simplistic and flush with warm, limestone-color or white stucco and will feature a unique front door design. 

As modern as the style has become, it continues to draw on the Spanish colonial style elements that made it famous, and few Mission homes will veer away from the tiled roofs and arched windows that help generate their charm.

Spanish Revival

Closely related to the Mission style, Spanish Revival draws heavily on the same tiles and white-washed walls found in Mission homes.

While both have roots in classical Spanish architecture, the Spanish Revival style became popular after the 1915 Panama-California Exposition. There, architect Bertram Goodhue presented examples of how attractive the style could be.

While Mission homes tend to be more conservative with exterior decor, Spanish Revival houses don’t hold back on panache. For example, terracotta roofs may feature overhanging eaves with elaborate woodworking or carving, while ceramic tile and unique window shapes create a more eye-pleasing effect.

These homes are often found by the waterfront or on open swathes of land since many feature some form of open-sky patio or courtyard with a centerpiece fountain. 

The style is easily found in major cities such as San Antonio and Austin and is highly sought after by homebuyers exploring home options in Texas.

Southwestern / Adobe Style

Drawing on Native American and Spanish architecture, Southwestern is perhaps Texas's most unique home style.

The style originates from the indigenous Pueblo people of the Southwest, who used the natural materials available in the region to construct homes adaptable to the hot, desert climate of the area. 

The earthy colors, simple stucco exteriors, and asymmetrical design slowly transformed into a more prominent home style, also known as the Adobe style. Adobe refers to the mixture of earthen materials with water and straw that Pueblo people used to create the foundations and walls of the original Southwestern homes.

Today, the same earthy palate and stucco exteriors have come to grace some of Texas's most coveted house designs. Spanish Revival and Mission Accents are often mixed into Southwestern homes but most heavily prioritize wide-open indoor space and shaded exterior areas.

Mid-century Modern

Though easily confused with the Contemporary style, Mid-century Modern is an earlier home style that stands apart for its luxurious innovation in home design.

Just as it takes advantage of the open skies and oceanfront views in California, so does the style feature prominently in Texas and its surrounding natural beauty.

Mid-century Modern homes date back to the 1950s when architectural pioneer Frank Lloyd Wright brought the style into the spotlight. He sought to utilize simple geometric shapes and strict, angular lines to create harmony with the natural lines observed in nature. 

These homes usually feature floor-to-ceiling windows, uncovered outdoor space that blends seamlessly into the covered interior, and flat roofs with minimal decor. These homes are some of the most coveted on the market, with many found in Texas’ biggest cities.

Living in Philadelphia means having access to all the conveniences of a metropolitan city including public transportation, and all the charm of a small town.

Below are seven reasons why you should consider a move to Philadelphia:

Arts, Music, Culture

Philadelphia’s museums and cultural institutions are among the world’s finest. The Barnes Foundation is home to an impressive collection of impressionist, post-impressionist, and early modernist paintings. The Philadelphia Orchestra remains one of the premiere orchestras on the planet. The Philadelphia Museum of Art is itself a spectacular architectural work of art that houses an incredible collection of antiquities and pieces from all over the globe. 

That’s just the tip of the iceberg — the list goes on. Live music, theater, art, Jay-Z’s Made in America music festival, The Academy of Natural Sciences, It’s Always Sunny in Philadelphia, The Sixth Sense, etc. — Philly has it all!

So, if you want to be close to must-visit cultural attractions, consider moving to Philly.

Dining and Drinks

The City of Brotherly Love boasts delectable culinary delights at all price points. Every city in America has a copycat take on Philly’s world-famous cheesesteaks, but come to John’s Roast Pork in South Philly or Dalessandro’s in Roxborough for the real deal! 

Not in the mood for a cheesesteak? Philadelphians love soft pretzels, too, and will often eat these tasty carb-bombs for breakfast. Think nothing will ever replace your morning bagel? Think again.

When it comes to international fare, the diversity of Philadelphia’s dinner options mirrors that of its denizens. Philly has a number of restaurants specializing in Vietnamese, Ethiopian, Indian, Indonesian, Mexican, Peruvian, Chinese, Japanese, Brazilian and countless other cuisines. There’s a wide range available for all tastes.

And finally, if you’re looking for a fine dining experience in Philadelphia, you won’t be disappointed with some of Philly's word class options. Time Magazine ranked Beddia Pizzeria one of the best places in the country, and Bon Appetit has heaped recent accolades on a few local restaurants as well, notably Suraya, Cadence and Wm. Mulherin’s Sons. 

Also, no mention of Philly’s food and drink scene is complete without a shout-out to Wawa and La Colombe!

Not only is the food scene top tier, but Philly is also home to countless breweries and distilleries offering liquid joy to quench your thirst. 

Dinner and a drink, anyone?

Housing — It’s Always More Affordable in Philadelphia

While housing prices have appreciated over the past 10 years, Philadelphia remains an attractive value proposition for homebuyers and renters focused on cost of living, particularly compared to neighbors to the south and north (DC and NYC, we’re looking at you). 

It’s no secret that your dollar goes further in Philadelphia than many other major cities on the East Coast.

Philadelphia is a large metropolitan area that far exceeds the more densely-populated urban core most often referred to as Center City. As a result, you’ll find a diverse range of housing styles available. 

From 50th floor luxury condos with spectacular views of the city’s skyline to single family stone mansions in Chestnut Hill or Overbrook, Philadelphia offers something for every preference. 

Best of all, almost any budget can be accommodated as the median sales price citywide is $250,000. Better move fast, though, as that’s a 9% jump over last year’s median price. The secret is out — Philly is gaining residents.

<smarttip text="Did you know you can save thousands when purchasing your Philly home? Buying with Prevu you’ll receive a commission rebate up to 2 percent of your purchase price after closing." cta_url="https://www.prevu.com/users/new/buyer?geo=philadelphia" cta_text="Browse Listings"></smarttip>

Parks, Mountains and Beaches

The Philadelphia Parks & Recreation’s website sums it up best by saying that the city’s “large, diverse parks and recreation system provides something for everyone.” There are over 300 neighborhood parks, 166 miles of trails, 40 historic sites, 60 community gardens, farms and orchards, courts and playgrounds... the list goes on and on. 

If you are itching to get out of the city, there is a diversity of topographies within a two or three hour radius of Philadelphia — from the gorgeous Pocono Mountains, to the beaches of neighboring New Jersey, and sprawling farmlands in Lancaster County to the west, moving to Philly will allow you to immerse yourself in nature.

Unparalleled US Historical Significance

Philly’s historical sites are legendary! In 2015, Philadelphia was named the nation’s first world heritage site! 

So many notable events happened here in Philadelphia: George Washington crossing the Delaware River, Ben Franklin’s kite experiment, Betsy Ross’s famous flag making, John Coltrane’s ascension to the pantheon of jazz... And, fictional or not, Rocky’s connection to the Museum of Art steps continues to inspire those seeking self-improvement and self-actualization in life!

As far as historical sites to visit, there are many to check off your list. Independence Hall (location of the signing of the Declaration of Independence), the Liberty Bell, and the Museum of the American Revolution are a few to check out. 

There’s also Elfreth’s Alley, which is America’s oldest residential street and full of Georgian and Federal-style charm. It could be fun for an afternoon visit to see how early Americans lived.

Higher Education in Philly

The greater Philadelphia area is home to dozens of institutions of higher learning. Some of the best and brightest minds in the world choose to continue their education in Philadelphia. 

With so many schools nearby, it’s likely that you or someone you know will end up in Southeastern Pennsylvania to study. These fine institutions include the likes of University of Pennsylvania (with its prestigious Wharton School of Business), Drexel University, Temple University, and nearby Villanova University.

Be warned, once you make the move to Philadelphia for higher education, you’ll probably end up falling in love with the location and staying after graduation.

Location, Location, Location

Philadelphia’s situation along the 95 Corridor in the Northeast of the United States is top tier!

Ninety-five miles to the north you’ll find New York City. To the south, 138 miles away is Washington D.C.. Baltimore is even closer, and Boston and Richmond are also within one day’s reach, especially if you take advantage of Amtrak’s high speed trains. And Pittsburgh is a short flight away or five-hour drive. 

If you’re looking to go farther afield for pleasure or work, flying into and out of the Philadelphia Airport is convenient. Not only is it close to Center City and easily accessible by Uber or train, but there are plenty of flight options available to take you almost anywhere you’ll need to go.

Making the Move to Philly

We’ve shared a number of benefits of living in the greater Philadelphia region, but ultimately, we know there are many factors that impact where a person will move. 

If you’re still in the consideration stage, definitely plan to visit the city and surrounding areas to get a sense for what you like and what you don’t. Browse local job boards to see how the market is in your industry and job function, and submit some applications if you’re serious about making the move. 

Once you secure a job, it might make sense for you to rent for a little while, especially if you’ll be applying for a mortgage, which will factor in your work history and length of employment. During this time, you can look at local real estate listings and figure out what type of neighborhood and home you’ll be searching for when you’re ready to buy.

Do you want to live in Philly?

There is much more to South Florida than just Miami or Fort Lauderdale. Up and down the Floridian coast are cities with unforgettable beaches, unique shops and cafes, and a wealth of housing options, making it home to some of the best South Florida neighborhoods.

So if you have a hard time deciding where in South Florida to live, it won’t be for lack of a selection.

Best cities to live in South Florida

• Jupiter
• West Palm Beach
• Boca Raton
• Pompano Beach
• Fort Lauderdale
• Hollywood
• Miami

Jupiter

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West Palm Beach

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Boca Raton

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<smarttip text="Did you know you can get a rebate from your real estate broker in Florida? Buying with Prevu you’ll pocket a buyer's rebate up to 1% of your home's purchase price. On a $1,500,000 property, you’d receive up to $15,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how you can save!"></smarttip>

Pompano Beach

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Fort Lauderdale 

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Hollywood

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Miami

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Interested in buying a home in South Florida? Browse listings in your favorite city and see how much you can save with Prevu's Smart Buyer Rebate.

If a property in NYC is priced well, it sells and sells quickly. Serious buyers should be prepared from the very beginning when they start looking to purchase a condo or co-op, including understanding the asking price.

It is also important to consider the market value to ensure you are making a fair offer.

According to Prevu agents, more often than not, buyers casually start searching and then suddenly fall in love with a property and are left scrambling to gather everything they need to make an offer to buy it.

In order to be prepared to move quickly when you find your dream apartment, below we highlight how to make an offer in NYC and what documents buyers will need to have ready.

Make an Offer in NYC - What Buyers Need 2024

• REBNY Financial Statement
• Mortgage Pre-Approval or Proof of Funds
• Real Estate Attorney
• Estimated Closing Costs 
• Contract Deposit & Down Payment
• Post-Close Liquidity
• Consult a Real Estate Agent: A real estate agent can guide you through determining the home value, navigating negotiations, and understanding market dynamics.
• Speak with a Mortgage Lender: A mortgage lender is essential for providing the down payment required at closing and distinguishing it from the contract deposit.

REBNY Financial Statement

Real Estate Attorney

Having an experienced real estate attorney can help make an otherwise stressful process much smoother. The good news is most real estate attorneys only charge you a flat fee if the deal is completed. Don’t be afraid to ask questions because you aren’t being billed by the hour! Agents can offer great recommendations if you haven’t found an attorney yet.

Estimated Closing Costs

Many underestimate how large NYC closing costs can be and are caught off guard. If you aren’t aware of how much to expect, we recommend speaking to your attorney or agent. Estimating closing costs in advance of your search is the best strategy.

The NYC mortgage recording tax is a significant part of these closing costs - particularly for condo purchase.

<smarttip text="Did you know you can get a rebate from your broker in NYC? Buying with Prevu you’ll pocket a portion of your agent's commission. On a $1,000,000 apartment, you’d receive up to $15,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn how to save when you buy!"></smarttip>

Contract Deposit & Down Payment

In NYC expect to put at least 20% down, typically with an initial contract deposit of 10% of the purchase price when signing the contract. Some buildings and mortgage companies will allow for less than 20%. Be aware, generally higher down payments are perceived as stronger. 

Post-Close Liquidity (co-ops only)

Most co-op boards will look for at least 2 years worth of maintenance and mortgage payments in post-close liquidity after your co-op transaction closes. It also makes sense to estimate your debt-to-income ratio. A rule of thumb for co-ops is a debt-to-income ratio under 30%, but some more difficult co-ops require 25% or lower.

The New York City real estate market is super competitive and if you are educated and prepared, you increase the likelihood of successfully buying your dream home!

Apartments for sale in NYC

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People moving to relocate are looking to sell their city properties, so if you’re in a position to buy your first home or are investing in a second home, Boston’s storied properties downtown are finally becoming available.

From the North End’s historic homes and tight cobblestone streets to the Seaport District’s newly developed oceanfront playground, Boston’s distinctive neighborhoods appeal to homeowners and investors from all walks of life. 

Most expensive neighborhoods in Boston

• Beacon Hill
• Seaport District
• Back Bay
• Fenway / Kenmore
• South End
• North End
• West End

Beacon Hill 

Beacon Hill is one of Boston’s original neighborhoods, and prospective homeowners can expect historic real estate dating back to the city’s colonial roots. For example, buyers can visit Acorn Street, where historic Federal-style row houses on cobblestone streets are adorned with laid-brick sidewalks glow under antique gas lamps. 

The Shawmut Peninsula hosted several large hills, one of which served as a foundation for a large Beacon to warn residents of impending raids on the fledgling city. The need for land to accommodate a growing number of residents drove developers to remove the beacon and flatten the hill to clear room for homes on the North and South Slope, as well as the Flat Top of Beacon Hill.

The Flat Top and South Slope is where home buyers or investors seeking luxury properties in Beacon Hill can expect historical living within a cobblestone’s throw of Downtown in one of the best Boston neighborhoods. The North Slope is home to young professionals and the Museum of African American History, which details how back in the 1700s, African-Americans established a community that built schools, libraries, churches, and markets on the North Slope. 

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Browse Listings in Beacon Hill

Seaport District

The development of the Seaport is one of the newest land reclamation efforts in the storied history of building up the Shawmut Peninsula. South of Downtown, the Seaport is home to over 75 restaurants, a myriad of shopping boutiques, and numerous art galleries. After the completion of the Big Dig project, which diverted the I-93 out of downtown Boston, the Seaport was finally accessible. Commercial real estate developers immediately began constructing the Boston Convention and Exhibition Center, the Seaport World Trade Center, improving the Boston Fan Piers, and building over 1,000 residential condo units. 

Once the Big Dig came to a close, developers turned the parking lots in the area into the Fan Piers, complete with a waterfront park and four commercial towers housing tech start-ups and incubators for new businesses. Considering the neighborhood’s penchant for restaurants and bars serving these office workers, young professionals will find Seaport’s proximity to Downtown and the region’s vibrant nightlife appealing as a district to rent an apartment or own a condo in 

Prospective buyers taking a day to explore the luxury real estate in Seaport should make time to check out the Boston Tea Party Museum and the Institute of Contemporary Art. 

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Browse Listings in Seaport District

<smarttip text="Did you know you can receive a commission rebate from your broker? Buying with Prevu you’ll pocket a portion of the commission paid to your buyer’s broker at closing. On a $1 million home in Boston, you’d receive up to $10,000 cash back." cta_url="https://www.prevu.com/" cta_text="Learn about commission rebates"></smarttip>

Back Bay 

If you seek a historical neighborhood with spacious streets and proximity to major business centers, Back Bay’s rows of Victorian brownstones might fit your investing needs. 

Back in the 1600s, when settlers first founded Boston, Back Bay was a tidal bay behind the Shawmut Peninsula, which serves as the foundation for Beacon Hill, The Seaport, and the West and North Ends. As the city grew, so did the need for space. 

In the 1800s, after the disastrous industrial Cross Dam project drained the bay and exposed foul-smell fens and swamps. Savvy real estate developers struck gold. Wealthy Bostonians in the 1800s desired more space as serpentine streets crowded the North End and Beacon Hill neighborhoods, and developers filled the void, figuratively and literally. They filled the remainder of the bay, creating spacious real estate on well-planned, Alphabetically named streets and avenues.  Today, prospective buyers perusing real estate in Back Bay will find America's largest and most well-preserved collection of Victorian row-style homes.

High street fashion boutiques and malls populate Newbury and Boylston street to the north, where Back Bay’s design mimes historical Parisian neighborhoods. Whereas, the southern border houses the High Spine comprising high rises such as the John Hancock Tower and the Prudential Center. Buyers can expect top-notch dining as the neighborhood hosts the Taste of Back Bay each year, where revelers sample dishes from 30 prominent restaurants.

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Browse Listings in Back Bay

Fenway / Kenmore 

Home to the Boston Red Sox, the Fenway / Kenmore neighborhood borders Back Bay to the west, providing prospective buyers with solace away from the bustling of Boston. Outside of Fenway Park, this region of Boston is home to its namesake, the Fenway, a roadway intersecting the Back Bay Fens and the Muddy River, which both run through the neighborhood. 

Beyond the meandering Muddy river, prospective homebuyers perusing through Fenway can also expect to find a variety of brick walk-ups, brownstone townhouses, and apartment buildings several stories high. Fenway / Kenmore is home to Northeastern University, Berklee School of Music, and Boston University, and buyers can expect a healthy population of college students hanging out at the bars and restaurants catering to their reveries. 

Originally part of the neighboring town of Brookline, Boston annexed Fenway / Kenmore and developed large tracts of land to entice wealthy Bostonites nestled in Back Bay and Beacon Hill. The street names in West Fenway are in alphabetical order, starting with Ipswich since Back Bay ends with Hereford Street. While developers aimed to attract wealthy homeowners to the region, by 1907, over 20 educational institutions sprung up around the Fenway. 

Beyond watching the Red Sox smash home runs and smelling the roses in the Back Bay Fens, homeowners in the Fenway can take in the arts at the Isabella Stewart Gardner Museum or Museum of Fine Arts. 

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Browse Listings in Fenway / Kenmore

South End 

If you’re seeking eclectic life in the heart of Boston’s art and culture scene, then buyers should take the time to explore the restaurants and music halls of the South End. Bordered by Back Bay to the north, the South End is home to a variety of restored Victorian-era and Greek Revivalist homes, and prospective homebuyers can find English-style Square residences on the outskirts of the neighborhood. 

From corner side pubs to family-style bistro dining, there are plenty of outlets where homeowners can relax after a day in Downtown, which is minutes away to the East. Historically, the majority of the South End comprised of tidal marshes, but as the need for real estate grew, the developers filled in the Boston Neck to make space for new housing. 

Beginning in the 1880s, the South End was known as a neighborhood for immigrants, providing housing to Greek, Lebanese, African-American, and Jewish families. Starting in the early 1900s and lasting until the 1970s, the South End was known as a mecca for jazz musicians. While many of the jazz venues closed their doors, music fans can still find folks still bending the blues at Wally’s Paradise. 

Beyond music, homebuyers eyeing the South End will find a neighborhood known for its arts scene and a vibrant LGBT community.  With roots going back to the 1940s when single unit apartments provided housing for unmarried men, the LGBT community grew over the years, bringing arts, bars, and an annual parade to this colorful neighborhood. 

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Browse Listings in South End

North End 

Founded in the 1620s, the North End of Boston is the oldest neighborhood in the city. This historic neighborhood is home to a Byzantium-like maze of streets, adorned with brick-faced buildings calling back to Boston's colonial roots. Prospective homeowners can take a walk through American history on the Freedom Trail, which contains famous buildings from the revolutionary war like the Paul Revere House and the Old North Church. 

Despite being one of the smallest neighborhoods in Boston, the North End is home to over 100 establishments, from numerous restaurants to the Boston Public Library. The North End is known for its deep-rooted Italian culture, as many immigrants settled here in the 1890s. Buyers can expect an array of Italian cuisines and cafes to explore as they are checking out multi-million dollar condos on the waterfront or perusing through the multi-story walk-ups nestled into the neighborhood. 

Homeowners in the North End can expect summers full of Italian feast processions celebrating the saints, from the Santa Maria Di Anzano Procession to the Saint Padre Pio Procession and more. These feasts began in the early 1900s when local Italian families came together, but have since grown to draw in visitors from around the world. 

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Browse Listings in North End

West End 

Homebuyers looking for high-rise residential condos with waterfront property will find their dream real estate in the West End of Boston. Like many neighborhoods borne from the original 1600s settlement, developers built up the West End with gravel and soil to create space for more residents as the city grew. 

Over time, the West End began to resemble Beacon Hill and the North End as the region boasted serpentine streets and colonial-era brick walk-ups. While developers razed many historical homes to create luxury condos, historically-minded homebuyers will still find colonial mansions such as the Harrison Gray Otis House nestled in this redeveloped neighborhood.

The West End welcomed immigrants to America over several centuries. By the 1950s, wealthy real estate developers demolished the original buildings and streets in favor of broad avenues and high rise residential units, to the chagrin of many working-class Bostonites. Today, condo buyers will find chances to spend time along the Charles River waterfront at Lederman Park and explore the Museum of Science sitting atop the Charles River Dam. 

<listing geo_area_ids="4093" min_price=500000 number_of_listings=2 show_neighborhood=true show_address=true type=”dynamic”></listing>

Browse Listings in West End

Most Expensive Boston Neighborhoods

• Beacon Hill - $3,181,088
• Seaport District - $2,831,060
• Back Bay - $2,541,007
• Fenway / Kenmore - $2,116,283
• South End - $1,725,633
• North End - $1,431, 819
• West End - $725,959

Interested in buying a home in your favorite Boston neighborhood? Browse listings and see how much you can save with Prevu’s Smart Buyer commission rebate.

If you are buying in a new development or a conversion, watch out - the new development closing costs NYC buyers pay can be significantly higher than buying other existing apartments in the city.

NYC real estate transactions often involve various costs such as attorney fees, mansion tax, mortgage recording tax, transfer taxes, and title insurance. Most buyers don’t know that there are additional points to be negotiated. It’s like Vegas, if you fail to ask for something, you rarely get it, and you may be shocked after you sign a contract.

Below, the team from Prevu Real Estate highlights what buyers need to know before purchasing a condo in a new development.

What are the extra closing costs with a new development?

Most of the extra closing costs are in the form of transfer taxes. These taxes are typically paid by the seller, but new developments and conversions are the exceptions. In these cases, the default is for the buyer to pay the transfer taxes.

If you don’t negotiate in your offer that the sponsor (seller) pays them, then guess what you are going to pay them twice - once when you buy, and again when you sell. They quickly add up! You will also be expected to pay the seller’s attorney fees unless separately negotiated.

How much should I expect to pay?

If the sponsor isn’t willing to negotiate, the buyer closing costs could exceed 5% of the purchase price, especially if you are getting a mortgage. Most of this is made up of transfer taxes plus seller attorney fees of an additional $3,000 or more.

For example, when buying a $2,000,000 apartment in a new development you should put aside roughly $110,000 for closing costs (you can estimate your costs with Prevu’s NYC buyer closing cost calculator). These are only the closing costs to buy, you will have to pay hefty costs when you sell as well.

New York Real Property Transfer Taxes

• $500,000 or less: 1% of purchase price to NYC
• Over $500,000: 1.425% of purchase price to NYC
• All properties: Additional 0.40% of purchase price to New York State

To learn more about transfer taxes, you can reference: New York City Real Property Transfer Tax.

Can these closing costs be negotiated?

Offset closing costs with a commission rebate

The extra closing costs you encounter when buying in a new development in NYC are less than ideal, however you are able to offset these fees by receiving a commission rebate. Modern, tech-enabled platforms like Prevu enable NYC homebuyers to get up to 1.5% of their purchase price cash back in the form of a buyer commission rebate. Prevu offers the largest commission rebate in NYC and is able to pass along such high savings thanks to technology that enhances your customer experience and increases our agents' efficiency.

When are developers most willing to negotiate on new development closing costs in NYC?

While every real estate developer has their own strategy, they are more willing to negotiate during a buyer's market.

When the inventory of apartments for sale in a market rises and prices begin to fall due to a lack of corresponding demand, negotiation power shifts in favor of buyers. In situations like this, real estate developers have increased competition from other developers to sell their inventory of new development condos to a smaller pool of potential buyers.

As a result, developers are willing to offer even greater incentives to buyers. In addition to negotiating and paying for the classic new development closing costs, developers offer additional financial incentives - including credits toward several months of common charges or property taxes.

Besides money, what developer concessions should I negotiate?

The possibilities are endless but we have had clients ask for storage units, parking spaces, custom closets, or bespoke improvements over stock finishes. Again, if you don’t ask for it, you will not get it! We have had customers get custom California closets throughout the apartment and others have received free storage units that are worth six figures.

Between you and your broker gauge the level of interest in the building and negotiate accordingly.

Below is an example of what you can expect to pay if you are unable to negotiate concessions from the sponsor.

NYC New Development Closing Costs ($1,950,000 price, 20% down payment)

• Attorney Fees — $3,000
• NYC Mansion Tax — $19,500
• Title Insurance — $8,775
• Bank Attorney — $1,500
• Mortgage Recording Tax — $30,030
• Other Closing Costs — $4,000
• NY State Transfer Tax — $7,800
• NYC Transfer Tax — $27,788
• Seller's Attorney Fee — $3,000
• Total — $105,393

Interested in buying a condo in a new development? Browse listings and see how much you can save with Prevu's Smart Buyer Rebate.

Each town offers a unique slice of New York suburban charm, providing residents with an endless amount of nature to traverse, local restaurants to enjoy, and a rich culture and arts scene. 

Below, our team has put together a guide to the ten best places to live in Westchester County to help you in your search. 

Best Towns in Westchester County

• Bronxville
• Scarsdale
• Bedford
• Larchmont
• Rye
• Irvington
• Briarcliff Manor
• Chappaqua
• Armonk
• Tarrytown

Bronxville

Located just 15 miles north of Midtown Manhattan is the village of Bronxville, one square mile of lush greenery with a small-town feel in close proximity to New York City. Bronxville is nestled in the southernmost part of Eastchester and is bordered to the east by the sparkling Bronx River. 

Named after Dutch settler Jonas Bronck, Bronxville originated in 1666, when it was deeded to Dutch settlers by the Mohican Tribes inhabiting the land. It grew into a thriving farm town and by 1868 was incorporated into Eastchester. 

Pondfield Road winds through the village before opening up on the historic “Four Corners” of Bronxville’s Civic Center. Beyond is the eclectic business district, offering its residents boutique shops, doctors’ offices, banks, and local restaurants such as The Urban Hamlet and the Bronxville Diner. 

A short distance from all the shops and activities, residents will find Lawrence Park, a historic landmark home to 19th-century houses that served as residences to many prominent writers and artists of that time.

Commuters to Manhattan can get on the Harlem Line at the Bronxville Metro-North station and take a 35-minute ride to Grand Central Terminal.

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Homes for sale in Bronxville

Scarsdale

Known for its Old English air, Scarsdale provides buyers with a tight-knit community, vibrant arts scene, and luxurious single family homes ranging from late Victorian to Tudor to Gothic Revival styles. 

Founded in 1701, Scarsdale slowly transformed into one of Westchester’s highly sought-after real estate destinations. Scarsdale has plenty of mom-and-pop shops. And residents frequently visit the 65-year-old local favorite Galloway’s Bakery and the boutique Bronx River Books. 

A commute from Grand Central via the Harlem Line on the Metro-North can take 35 to 50 minutes from New York City to Scarsdale. The train station exits into the bustling downtown district, under the staggeringly tall Harwood Building. 

This rustic English-style masterpiece is resplendent with turrets and towers reminiscent of old English towns. The building houses a selection of shops and local eateries you can check out while downtown. 

From there, you can follow along Garth road, which winds along the Bronx River, providing tons of dining options. 

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Homes for sale in Scarsdale

Bedford

If your dream is to blend with nature and enjoy a heart-warming farm town feel, then Bedford might be an option for you. Composed of three distinct hamlets, Bedford Village, Katonah, and Bedford Hills, this Westchester town is among the greenest, featuring a wealth of trails, lakes, outdoor activities, and sprawling green valleys.

Residents move here to escape the fast pace of the city to give themselves time for outdoor life. But homebuyers looking into Bedford will also find all they need in the business districts of Bedford Village and Bedford Hills while enjoying access to the hiking trails nearby in Indian Hill or the Beaver Dam Reserve. 

Residents founded this farm-filled haven in the mid-1600s, and the town of Bedford fiercely protects the rustic charm of the land. Those looking for a home here can expect to peruse many Colonial and Victorian style estates, each with ample acreage and lots, front porches, and all with immediate access to the great outdoors. 

Homebuyers looking into one of Westchester’s greenest towns can expect a commute to New York City of about an hour via Interstate 684. Metro-North services Bedford via the Harlem Line, offering a ride of around an hour and fifteen minutes to Grand Central Terminal. 

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Homes for sale in Bedford

Larchmont

Boasting a stunning shoreline complete with a yacht club, Larchmont is one of the most desirable places to live in Westchester County. Commuters have the convenience of hopping onto the Metro North’s New Haven Line and arriving at Grand Central in around 30 minutes if taking an express train, while proximity to I-95 provides drivers with easy access for the daily commute.

This vibrant and colorful village is a part of Mamaroneck, a town in the eastern part of Westchester. Explored by the Dutch in 1614, the 1.1-square-mile area offers homebuyers the chance to purchase spacious houses with ample yard space, with styles ranging from Tudor, Victorian, and Colonial, as well as a multitude of condos and split-level homes. 

Larchmont features a sun-soaked waterfront, offering residents summer activities like sailing, kayaking, and swimming. Those looking for time outdoors can check out the sights of the Leatherstocking trail. Residents can head up Boston Post Road, where boutiques, eateries, and shops line the streets. 

The Larchmont’s Arts Festival brings the art scene to life, with live music performances at Constitution Park and Manor Park. 

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Homes for sale in Larchmont

Rye

Just a few miles northeast of Larchmont sits another coastal paradise. The City of Rye shares its name with the town of Rye, which has a much larger landmass. The city offers coastal living and provides a welcoming and vibrant nightlife.

Marinas and beaches dot 14 miles of coastline, all packed with summer activities. The same shoreline is home to Rye’s very own Art Deco amusement park, Playland, home to one of the oldest wooden roller coasters in the world. 

Those who love golfing can enjoy Rye’s very own golf club with an 18-hole course, while those who lean more towards time in the water can have access to the Boat Basin, which offers 415 slips for boats. 

Your home search here will depend on location. The priciest offerings are on the waterfront, as well as colonials in excellent condition on large acreage. Homebuyers will want to check out the popular Greenhaven, with its own two beaches, and Indian Village, which boasts a wealth of old tree-filled streets and colonial houses.

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Homes for sale in Rye

Irvington

On the other side of Westchester County is Irvington. The ideal setting right on the Hudson River and proximity of just 20 miles to midtown Manhattan make this one of the most desirable “commuter towns” in the County. 

Named after Washington Irving, author of Sleepy Hollow, the picturesque village is in Greenburgh. Main Street, the cornerstone of Irvington’s shops and restaurants, has over 200 buildings built during the mid-1800s to the mid-1900s. The local government made many of the streets a part of the National Register of Historic Places. 

Homebuyers can expect to tour luxurious colonials with expansive land, none lacking in stunning views and outdoor splendor. There are also grander estates that rest more towards the outskirts of the village. A diverse food scene features Cantonese, Greek, Indian, and Texan food, while local bakeries and shops abound within the Main Street area.

Head down to the Scenic Hudson Park for a gorgeous view of the city or explore over 400 acres of the Irvington Woods to bask in nature. If you’re feeling like a night out, the Irvington Theater Hall offers Shakespeare productions, live music performances, and various shows.

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Homes for sale in Irvington

Briarcliff Manor

Just 8 miles north of Irvington is another village offering coveted access to the Hudson waterfront. Straddling the towns of Ossining and Mount Pleasant, Briarcliff Manor is a residential oasis full of signature Westchester greenery, picturesque streets, and lavish estates overlooking the Hudson River. 

Briarcliff Manor is home to the Sleepy Hollow Country Club and the Trump National Golf Club. With a charming terrain full of greenery and low hills, homebuyers can choose from ranches and colonials, the most desirable ones offering stunning views of the river. 

A trip to Village Hill, the local center for dining and shopping, gives prospective residents a glimpse into the tight-knit community life within the village. Most shops and eateries are locally owned, and many are staples amongst the locals. 

Briarcliff Manor provides an easy commute to Midtown Manhattan that is just under an hour via the Hudson Line on the Metro-North. Homebuyers can also look forward to the many parks and trails, such as the Pocantico Lake County Park. 

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Homes for sale in Briarcliff Manor

Chappaqua

The hamlet of Chappaqua follows Westchester tradition by offering homebuyers a rural dreamland of green spaces and colonial estates. 

Situated east of Briarcliff Manor, Chappaqua offers a convenient hour commute to Midtown Manhattan. The hamlet is part of the town of New Castle and has a population of just under 1,500 people. 

There is an eclectic array of mom-and-pop shops, and the dining scene adheres to a farm-to-table ethos where local produce and farm-fresh ingredients are the staples. Every Saturday, a neighborhood farmers market is available with a curated selection of the best local farms.

Residents can spend time in the 126-acre Gedney Park or partake in swimming and sports at the Chappaqua Swimming and Tennis Club. 

Homebuyers who take their search to this Westchester gem will find a rich housing stock. The 20th-century colonials sit on large acreages more towards the outskirts of the hamlet. The Chappaqua Crossing, a retail village built at the one-time campus of Reader’s Digest, will soon offer over 90 Georgian style townhomes.

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Homes for sale in Chappaqua

Armonk

With a landscape of rolling hills, a dynamic Main Street with a local ski and bicycle shop, and a bakery with the best doughnuts in town, Armonk is steadily resurging as one of the best places to live in Westchester County.

Bordered by Connecticut to the east, Armonk is one of three hamlets within North Castle and has a modest population of just under 5,000.

Pockets of beauty are prevalent throughout the forest-filled hamlet. Thick-trunk trees dot numerous open valleys and offer an idyllic retreat for potential homebuyers looking for the ideal suburban lifestyle. Homebuyers can choose from sprawling colonials with sizable acreage, or 1960s-style, split-level ranches.

If you’re interested in moving here, expect a 10-minute drive to the nearby North White Plains Metro-North station, which delivers commuters to Midtown Manhattan in under an hour.  

Residents enjoy a vibrant art scene, with the annual Armonk Outdoor Art Show drawing in artists from the entire nation to display their work. Food lovers can find satisfaction in local eateries like Fortina, which offers wood-fired Neapolitan style pies, and at DeCicco’s, a local grocer with a two-floor place featuring a craft beer bar. 

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Homes for sale in Armonk

Tarrytown

Situated on the Hudson River, Tarrytown has a historical richness that rivals many other affluent Westchester suburbs. A neighbor to Irvington, Tarrytown is located in Greenburgh and has a population under 12,000. It's chic and vibrant downtown and stunning river views put it on the map as one of the best locations in Westchester for homebuyers seeking the peace and calm of the nature-coated suburbs. 

Tarrytown offers an easy commute to New York City of just over half an hour, thanks to the Metro-North’s Hudson line. But potential residents might find themselves staying within the village for their daily helping of cultural life and dining options. 

Tarrytown Music Hall features high-profile performances year-round, and with the pandemic easing up, the venue will be making a comeback. The eateries of Tarrytown deliver a spectrum of mouth-watering options, from homemade tacos at the Taco Project to My Tokyo, which offers hibachi and sushi. 

Homebuyers looking for a home here can choose from riverside condos or brownstones. And there are also expansive Victorian and Tudor-style estates, both modern and 19th century.

<listing geo_area_ids="633" min_price=750000 number_of_listings=2 show_neighborhood=true show_address=true type="dynamic"></listing>

Homes for sale in Tarrytown

For that very reason, below the team from Prevu Real Estate compiled a NYC Tax Abatements Guide for buyers to learn more about these cost-saving property benefits - including most widely known real estate tax abatements and exemptions.

What is a property tax abatement vs exemption in NYC?

What NYC tax abatements and exemptions are available?

There are various types of tax abatement and exemption programs to be aware of in New York City. The most common abatements discussed by apartment buyers are 421a, 421g, J-51, the co-op and condo tax abatement, and the condominium property tax abatement. Additionally, the most common tax exemptions discussed are STAR, Enhanced STAR, and SCHE exemptions.

Types of tax abatements and exemptions in NYC

• 421a abatement
• 421g abatement
• J-51 exemption and abatement
• Cooperative and condominium tax abatement 
• Eco-friendly abatements
• STAR, Enhanced STAR exemptions
• SCHE exemption
• Veteran, Good Samaritan, and Clergy exemptions

What is a 421a tax abatement in NYC?

<smarttip text="You can easily offset the additional closing costs of buying in a new development. Select a brokerage that offers the benefit of buyer’s rebate. With Prevu, you’ll receive a portion of the commission the developer pays to your buyer’s broker at closing. On a $2 million condo, you’d receive up to $30,000 cash back." cta_url="https://www.prevu.com/buyer" cta_text="Learn about commission rebates in NYC"></smarttip>

Term lengths of 421a tax abatements and codes

• 10-year term (Code 5110, 5117)
• 15-year term (Code 5113, 5118)
• 20-year term (Code 5116)
• 25-year term (Code 5114)

Benefits of a 421a tax abatement

The key 421a tax abatement benefit in NYC is the reduction in property taxes you owe for the term of the program. The longer the term of the abatement (i.e. 10 years vs. 25 years), the larger the savings you receive during your period of ownership. The post-construction tax benefits phase out over time based on a set schedule, and the property becomes fully taxable upon expiration of the abatement.

In order to understand the true benefit of a 421a abatement, you need to know the original term of the building’s abatement and when the abatement will expire. This will allow you to understand which phase out schedule applies before your taxes return to normal. Ask your real estate attorney to verify the 421a tax abatement expiration before you sign a purchase contract.

How are 421a tax abatements calculated in NYC?

The amount of a 421a abatement is determined by the percentage of property tax that is abated in the benefit year. For all term lengths, the abatement percentage starts at 100% in benefit year 1 and phases out based on a set schedule over the 10-year, 15-year, 20-year, or 25-year term. Following the expiration of the abatement term, the property is considered fully taxable. You will be able to fact check tax abatements during your due diligence with you real estate attorney via property records and information provided by the managing agent.

In the grid below, the post-construction phase out schedule is shown for each 421a abatement term length.

What is a 421g tax abatement?

The 421g tax abatement was a relatively new program compared to 421a. Beginning in the mid 1990’s, the 421g program provided property tax incentives to encourage the conversion of commercial buildings into residential space in Downtown Manhattan. Specifically, these conversion projects are occurring below City Hall and south of Murray Street in Tribeca.

Abatements under 421g lasted 12 years for non-landmark buildings and 13 years for landmark buildings. Property taxes on non-landmark buildings were fully abated for the first 8 years post-construction and decreased by 20% per year thereafter until the property is fully taxable. Landmark buildings were fully abated for 9 years and decreased by 20% per year thereafter until fully taxable.

The deadline for new 421g applications was December 30, 2007 and the last buildings that benefited from these tax breaks are nearing their final expiration in 2020.

What is a J-51 abatement?

The J-51 tax abatement is unique for many reasons. First of all, the J-51 abatement is rare compared to the more famous 421a program. Second, the J-51 program is a combination of both a tax exemption and a tax abatement. 

Similar to a 421a, the J-51 abatement is to promote the development of multiple-dwelling affordable housing, however a J-51 is more complex given its structure and is more focused on the renovation of rundown residential properties or the conversion of commercial structures in to residential structures.

The mechanics of a J-51 abatement are as follows: 1) a tax exemption locks in the assessed value of the property at the level determined prior to construction or renovation, and 2) a tax abatement then reduces the property taxes owed post construction.

What is the NYC co-op and condo tax abatement?

Requirements of the co-op and condo tax abatement

• The unit must be the owner’s primary residence
• The unit must be purchased prior to January 5th to be eligible for that tax year
• The unit owner cannot own more than three units in a building
• The unit owner cannot be receiving a J-51, 421a, 421b, 421g, or 420c abatement
• The unit cannot be owned by a business entity or trust 
• The unit cannot be located in an HDFC building

If the owner of a co-op or condo meets the necessary requirements and is approved for the abatement, the annual property taxes on the unit could be reduced annually by between 17.5% and 28.1% depending on the average assessed value of the unit.

NYC co-op and condo tax abatement savings per year

• Assessed value $50,000 or less: 28.1%
• Assessed value $50,001 to $55,000: 25.2%
• Assessed value $55,001 to $60,000: 22.5%
• Assessed value $60,001 or more: 17.5%

Eco-friendly property tax abatements in NYC

There are two eco-friendly abatements for environmentally conscious installations completed by eligible property owners: 1) green roof abatement, and 2) solar roof abatement.

The green roof abatement is a one-time property tax abatement for properties that have green roofs. According to the NYC Department of Finance, a green roof is defined as a roof that has “vegetation that absorbs rainwater, provides insulation and combats ‘the heat island effect’, where urban environments can have higher temperatures than surrounding areas.” 

The green roof abatement amount is calculated at a rate of $4.50 per square foot of the area considered as green roof space. The abatement is limited to the lesser of $100,000 or the taxes due for the property in that taxable year.

The solar roof abatement is a property tax abatement for properties that use solar panels located on the roof of a building as a renewable source of electricity, and potential receipt of such an abatement is determined by the Department of Buildings. Properties that currently receive a 421-a, 421-b, or 421-g tax abatement are not eligible to receive the abatement.

Property tax exemptions NYC owners can apply for

• Basic STAR
• Enhanced STAR
• Senior Citizen’s Homeowner’s Exemption (SCHE)
• Veteran, Good Samaritan, and Clergy

Basic STAR

The School Tax Relief (STAR) exemption provides owners of houses, co-ops, or condos in NYC that have an annual household income of $250,000 or less with property tax savings of approximately $300 per year.

Enhanced STAR

The enhanced version of the STAR exemption provides owners of houses, co-ops or condos in NYC that are 65 years of age or older and have an annual household income of $88,050 or less with property tax savings of approximately $650 per year.

SCHE

The Senior Citizen’s Homeowner’s Exemption (SCHE) provides owners of houses, co-ops or condos in NYC that are 65 years of age or older and have an annual household income of $58,399 or less with property tax savings by a reduction of up to 50% on the assessed value of the property.

Veteran, Good Samaritan, and Clergy

There are additional exemptions available for owners that are veterans of the United States military, owners that became disabled during a crime or in the attempted prevention of a crime, or owners that are members of the clergy. These exemptions vary in amount.

For a full list of tax exemptions and abatements, visit the NYC Department of Finance website.

How to verify a tax abatement in NYC?

When searching through property listings, you are likely to see real estate agents mention tax abatements in listing descriptions. After all, abatements can be an attractive selling point to prospective buyers.

But you don’t have to take the listing agents word for it. Buyers can independently verify an abatement via the NYC Department of Finance website.

What you need to input for NYC abatement verification

• NYC Borough
• Building number
• Street
• Apartment #

When you arrive at the search result for the specific apartment after entering the address information, click on “Benefits - Business & Construction” on the left hand menu bar and you will see if there is an exemption. Also, you will see the amount for the current tax period and the proposed amount for the next tax period.

Interested in buying in NYC this year? Browse listings and see how much you can save with Prevu's Smart Buyer Rebate.

DISCLAIMER: This material was provided for informational purposes only, and is neither intended to provide, nor should be relied upon as tax, legal, or accounting advice. Prevu and its subsidiaries do not provide tax, legal, or accounting advice. Consult your personal tax, legal, or accounting professionals before considering any transaction as your individual situation may vary.

A closing is when the title of the property is transferred from the seller to the buyer. In Boston, it is customary for the seller to pay big ticket items such as realtor commissions. Many of the remaining closing costs are typically paid for by the buyer. These can include things like loan origination fees, title insurance, and other buyer closing costs.  

The good news for homeowners is that a seller pays closing costs out of the net proceeds of the sale, so there are rarely funds shelled out in advance.

Below we highlight some of the key things every seller in Boston should know about closing costs before they list their home for sale.

What are seller closing costs in Boston?

When selling a condo or home in Boston, it's important to be aware of closing costs - the fees associated with the sale of the property. These costs include real estate commission, state transfer taxes, local recording fees, real estate attorney fees, repair costs, outstanding HOA fees, and any applicable staging costs during the sale process.

The two largest closing costs for sellers in Massachusetts are the real estate commissions paid to the listing agent and buyer’s agent, as well as the real estate transfer tax levied by the Department of Revenue in Massachusetts at a rate of $4.56 per thousand (0.456%) in most counties. The transfer tax is sometimes referred to as an excise tax or deed stamp.

Example of Seller Closing Costs in Boston

• Sale Price: $1,000,000
• Real Estate Commission (5%): $50,000
• Transfer Tax (0.456%): $4,560
• Attorney Fee: $2,000
• Total Closing Costs: $56,560 or 5.66% of Sale Price

Average seller closing costs in Boston