Friday, October 2, 2009

Has the Manhattan Market Reached a Low?


Posted by Laura Reginelli


NEW YORK, NY October 02, 2009 —If you thought you missed the boat when it comes to buying at the bottom in Manhattan's real estate market, some analysts say, don't worry, you haven't. WNYC's Lisa Chow reports.


REPORTER: Your broker may be telling you housing prices are hitting bottom now, or they already have. Yes, on the whole, prices from the spring to the summer were flat. And there was a big jump in the number of sales, with new buyers coming into the market.


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