It seems like everywhere you look in Brooklyn – from the Atlantic Yards to Fort Greene to Williamsburg – residential towers are going up. Some of these are rentals and some are sales, and some experts are predicting a glut in the market. Does this mean that you should wait to buy? Unfortunately there is no way to know because there are too many factors that will determine if Brooklyn will see a drop in housing costs.

If you are looking to buy an apartment now, my advice to you is to keep on looking. If you find the perfect place, don’t lose your chance at home ownership for the possibility that something will be cheaper down the road. It’s too much of a risk.