Manhattan Residential
Market Reports Qi
What do the Manhattan Market reports mean? Here's our interpretation based
on the Front Lines:
+ Sales volume up last 2 quarters
+ Prices are flat
But what Is happening real time? After all, that is what matters most for buyers
and sellers trying to navigate this bizarre real estate market j
Here's what I and many of my colleagues are still seeing
+ Asking prices still all over the map.
+ Buyers are infinitely more patient and their qualified
+ Some sellers seem to think market is poised for a rebound.
+ Inventory has shrunk considerably.
+ Bank policies are complicating transactions
For the entire story, check out our blog at TrueGotham.com