Friday, April 25, 2008
The real estate market of Manhattan now continues to climb greater heights which are due to the wealth of its buyers, limited supply of homes, stronger job market and weak dollars that is pulling in more and more foreign buyers. Real estate in cities such as Seattle and San Francisco continues to climb up; during the first quarter of the year in 2008; the median price for a Manhattan house went up by 18 percent, to $872,000, when compared with the same period in 2007.
Based on a Web portal report that was released in April 2008; The median price for all of New York City that includes much weaker middle class neighborhoods in the Bronx, Brooklyn, Staten Island and Queens rose up to 4 percent in the first quarter, to $535,000. Brighter spots in the real estate market can be seen in Charlotte, N.C. and also in Austin, Texas.
Based on a Web portal report that was released in April 2008; The median price for all of New York City that includes much weaker middle class neighborhoods in the Bronx, Brooklyn, Staten Island and Queens rose up to 4 percent in the first quarter, to $535,000. Brighter spots in the real estate market can be seen in Charlotte, N.C. and also in Austin, Texas.
posted by Real Estate Agent @ 12:00 AM permanent link | Post a Comment | 
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