Is NOW a good time to buy real estate? Depends on where you are.

The cool thing about covering retail and consumer spending is that I get to stories on industries like real estate. And... truth be told, for the past 6 months I'be been hunting around for a place to purchase here in NYC. To say it's been difficult is an understatement. More on that later (I promise) but for now, check out the segment I did for MSNBC's The Cycle on this subject. From my extensive research and first hand knowledge, I discovered the following: 1) It all depends on where you want to buy. 2) The housing market is in direct correlation with employment. 3) Currently the market seems to be indicating that people are buying and building. 4) People are purchasing in "trophy" cities like New York, Miami & LA. Chicago is not included on the list.

Visit NBCNews.com for breaking news, world news, and news about the economy

Makeup by the amazing @miss_nickz: on lips: Half-Red + Nymphette...

Makeup by the amazing @miss_nickz: on lips: Half-Red + Nymphette by MAC. Eyes: Patina and Vex in lid, Handwritten, Sketch and Carbon in the crease and Woodwinked as the Browhighlight by MAC. Blush is Raizin Blush by MAC. Concealer is MAC Mineralize and foundation is RCMA in Shinto 3.