Waiting for prices to drop is the myth of the moment -- and while certain bubbles may have burst, New York's prime-real-estate market isn't behaving like a bubble at all. But the truth is that with 30-year mortgage rates at a two-and-a-half-year low, and likely to go lower, this could actually be a great buying opportunity -- if you broaden your horizons past Manhattan's blue-chip clichés.
By Rob Turner
http://nymag.com/realestate/articles/affordable/
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