Manhattan homebuyers make fewest first-quarter deals since 2009

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Globally we have seen such massive appreciation in real estate prices. Most major cities around the world have watched houses go from expensive to completely unaffordable.

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Manhattan’s would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise. Purchases dropped for a sixth straight quarter in the first three months of 2019 as sellers struggled to cut prices deeply enough to attract offers.

Productivity gains help CoreLogic’s 2Q net income rise by 2% IRVINE, Calif. (AP) _ CoreLogic Inc. (CLGX) on Wednesday reported second-quarter net income of $58.5 million. On a per-share basis, the Irvine, California-based company said it had profit of 71.

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The housing industry is seeing more and more good news. Mortgage rates have hit the bottom for the year – the best rates in nearly three years – while foreclosures sank to a nine-year low.

Brodsky plans to break ground on a 440-unit rental project at 336 Flatbush Avenue Extension in Downtown Brooklyn in the first quarter of 2014, and is currently scouting out other opportunities in the.

the first quarter, down 3.4% from the year-ago quarter. Luxury median sales price rose 5.1% to a record $6,975,006, mainly due to the closing of new development legacy contracts. Luxury listing inventory continued to decline as many overpriced listings expired from sellers who were long disconnected with market conditions.

Manhattan homebuyers make fewest first-quarter deals since. – Manhattan’s would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise. Purchases dropped for a sixth straight quarter in the first three months of 2019 as sellers struggled to cut prices deeply enough to attract offers. Transactions totaled 2,121, the fewest for a

(Bloomberg) — Manhattan’s would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise. Purchases dropped for a sixth straight quarter in the first three months of 2019 as sellers struggled to cut prices deeply enough to attract offers.

Mortgage applications drop for second consecutive week

The unemployment rate held at 8.2 percent last month and hasn’t been below 8 percent since January 2009. situation – improve their credit, make more money or get someone to co-sign with them.”.