Thursday, April 24, 2008
Real estate in cities such as San Francisco, Seattle and New York continues to climb as during the first quarter of the year 2008; the median price for a Manhattan house went up to 18%, to $872,000, when compared with the same period in 2007, based on a Web portal repot that came in April. The median price for all of New York City includes much of the weaker middle-class neighborhoods in the Brooklyn, Bronx, Staten Island and Queens rose to 4% in the first quarter, to $535,000.
These numbers continue to astonish everyone in the real estate market. Manhattan real estate now continues to climb greater heights due to the wealth of its buyers, strong job market, limited supply of homes and the weak dollar that is roping in foreign buyers. And Manhattan isn't only America's strong market, real estate market in Charlotte, N.C. and Austin, Tex., is also equally good.
posted by nisha
@ 11:53 PM
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