[Pulse] Here’s what New York real estate will look like in the year ahead

With an estimated population more than 20 million, the New York-Northern New Jersey-Long Island Metropolitan Statistical Area is by far the nation’s largest metro – nearly 50% larger than the runner-up. That also means that this metro, home to one in 16 Americans, is the nation’s largest real estate market. So, what’s happening in this market is perhaps a snapshot of things to come for the rest of the nation’s major markets. Sadly, it doesn’t look great.