The Real Deal New York

Are more New Yorkers saying sayonara to the city?

Realtor sees uptick in New Yorkers heading for the 'burbs
March 09, 2014 11:00AM

 More NYC natives are calling it quits and heading to the suburbs, according to Alison Bernstein, founder of Suburban Jungle Realty Group, an advisory firm that helps families move out of the city. 

Last year, reports found that job growth, rising confidence, low mortgage rates and buyers’ urgency were all driving up home prices in the suburbs of New York City, particularly in Southwest Connecticut and Northern New Jersey.

Bernstein says that she has seen her business grow by 200 percent in the past 12 months, adding up to 1,200 active clients and a few hundred deals a year at her firm alone. Suburban Jungle has offices both in New York and Connecticut, according to the New York Post.

Bernstein told the Post that “people tend to spend more time researching a pair of sneakers or a vacuum cleaner than they do a home purchase” – even though her average buyer spends about $1.2 million. [NYP] Christopher Cameron

  • Musashi

    Seriously this is total BS and advertisement for Suburban Jungle Realty…

  • Dave

    I was with three born and bred NYers yesterday…all saying they want to leave. NYC is not sustainable for families.

    • realposter

      how is that anything different than what’s been going on for decades??? That’s how suburbs formed. Before ppl left because of crime and decay. Now they leave because it’s expensive. It’s no “revelation”.