They found that the transaction volume for condos in the third quarter of this year?at 2230 units?represented an increase of 46 percent from the second quarter of 2009, a signal that cautious buyers are buying Manhattan condos again. The unique nature of the Manhattan townhouse market has allowed it to withstand some of the price declines that have hit markets in many places around the country especially hard. Inventories of unsold Manhattan new [...] However, current conditions enhance those advantages significantly as sellers need cash in many cases and realestate deals for cash proceed much more quickly.
Chandler Real Estate
Information is deemed reliable but not guaranteed.