Thread Status:
Not open for further replies.

Big Apple bucking property slowdown in US as rich bankers and foreigners seek bargains

Discussion in 'North America Real Estate' started by Nicholas Wallwork, Aug 27, 2010.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]Most real estate markets in the US are reeling from the latest figures that show house sales plummeted in July but the residential market in New York is bucking the national trend.

    With mortgage rates and property prices at historic lows, the city’s more affluent residents are cashing in to buy at bargain prices, according to agents who are reporting a surge in activity in private home sales in recent months.



    [​IMG] Click Here to Read The Full Story and Add your Own Comments to Big Apple bucking property slowdown in US as rich bankers and foreigners seek bargains
     
Loading...
Thread Status:
Not open for further replies.

Share This Page