New York real estate help

[Enrique P.]

Hi all - I'm originally from North NJ, have been working and living in San Francisco for the past 3 years. My wife and I are both 30 and work in tech - we've seen falling prices in New York due to COVID, we're casually looking and considering moving back east. It would be our first home, and we're especially interested in Manhattan (Hell's Kitchen, Midtown, anywhere downtown), and Brooklyn (Williamsburg). It's a bit difficult to get our finger on the pulse from the west coast - is the "ny exodus" overblown? Can anyone point me toward resources about the area? 

[Joshua Nowell]

@Enrique P. Hello. I am from New York and still looking through the Bronx for my first prop investment so I don’t think I’ll be much help. But since no one has responded I figure this will be better than nothing. Haha

In my experience searching, it seems the news was overblown. A lot of people seem to be holding and since the shortage I’ve noticed prices go way up and people demanding a lot more for something not particularly worth the value. I’ve actually taken to driving for dollars recently to change my approach. But I recommend you check out the big sites like Zillow, Redfin, realtor or any of those pre foreclosure auction sites to get a better idea of what I mean for this area. Props are still on the market but as everyone always says just run your numbers so you can match your goals.

Good Luck! I wish you the best this year Enrique and hope you find what your looking for!