apartments for sale: Manhattan Is A Buyer's Market - 02/07/09 02:15 PM
Manhattan is a buyer's market and with prices going down ... NOW is the time to buy!!!
If you need to move (downgrade or upgrade), if you're a first time buyer, now is a great time to buy. Mortgage rates are low and prices are negotiable.
While there are no fire sales, you can be assured that if you buy an apartment in Manhattan today, your property's value will greatly increase in years to come.
Before beginning, it is important to outline the different forms of ownership available to purchasers of Manhattan property. Those forms are Cooperative, Condominium, Cond-op, and Townhouse … (0 comments)
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apartments for sale: 2nd Quarter 2007 Market Report - Manhattan - 07/07/07 05:03 PM
The average sale price for Manhattan apartments set a new record in the second quarter, reaching $1,300,212.
This figure was 7% higher than a year ago. The median price also reached a new high, and at $840,000 was up 11% from the second quarter of 2006.
Demand for apartments has surged over the past few months, indicated in the 31% increase in the number of closed deals in the second quarter of 2007 from a year ago. At the same time, the supply of available apartments has fallen, which has led to sharp increases in prices.
At $1,132,726, the average sale price for … (1 comments)
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