Introduction
Real estate market in U.S.A is declining apart from New York City that indicates some strong pulse especially in the high-end residential areas. For example, in June, the state recorded sales for the most expensive apartment by selling the penthouse at One57 with over $90million, which was equivalent to $8,000 per square foot. This marked the second record as the state broke the first record within the real estate in January when the Dmitriy Rybolovleb bought a penthouse apartment located in the 15 central park west for $88 million, which was similar to $13,000 per square (Newell & Chris, 317). ...