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Your slice of NYC!
The Manhattan market continues to be one of the better performing housing markets in the country, despite the turmoil we read about every day. Housing prices showed continued stability this quarter consistent with the past several years. Condo sales activity benefited from an increase in demand as foreign buyers took advantage of the weak US Dollar, while entry-level sales increased as buyers took advantage of falling mortgage rates. Although we will continue to face economic challenges going forward, we anticipate continued seasonal stability through the end of the year.
An amazing chefs kitchen with a sick nyc view!
Here is the full third quarter report from Prudential Douglas Elliman:
http://assets.prudentialelliman.com/NYCPhotos/retail_reports/Manhattan_Q3_2011.pdf
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The Zweben Team is a team of licensed real estate salespersons affiliated with Compass. Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. New York State Fair Housing. New York Real Estate Standard Operating Procedures.
