2012 ended in Manhattan with a very strong real estate market. There was increased activity during the last quarter. One of the busiest holiday seasons I've experienced. Activity was seen in all price ranges from "affordable" to "luxury" activity continued right through the holidays. 2012 ended with extremely low inventory and high demand. Properties priced right are in play. Many first time buyers as well as sophisticated buyers have realized that owning can be cheaper than renting. With interest rates at all time record lows and rents continuing to rise, there continues to be a strong … (3 comments)
Happy New Year 2013
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