In most of the boroughs in New York City, Brooklyn is locked in a housing crisis. With a growing shortage of low-priced housing units, and rising rents, people across Brooklyn are still feeling the affects of the 2008 housing-crisis.

Despite the disastrous outcome of the 2008 housing-crisis across the country, New York City has seen rents skyrocketed since 2001, making life difficult for millions of New Yorkers, even before the crisis. The average cost of an apartment has jumped 44%, all the while prices for homes and apartments are also up 47%. Premier Real Estate NYC obtained this information through the New York City council.

Even as the United States began its recovery, prices continued to increase in places like Brooklyn, Bronx, Queens, Staten Island, and Manhattan. Watching the recent government shut down in 2013, and seeing a withdrawal from aid programs and government handouts, shows the delicate situation for millions of homeowners and renters. If there is no one to provide help and assistance, what will happen to people in struggle?

If millions of homeowners and renters were forced out of their homes, due to missed rent or mortgage payments, who will be there to provide advice and aid? Premier Real Estate NYC is one of a few real estate companies in New York City, which has offered its immediate services free of charge. [Read more...]