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Banks Breaking Into Occupied Homes In Foreclosure To Change Locks
Banks Breaking Into Occupied Homes In Foreclosure To Change Locks
Manhattan home prices up, buoyed by increase in sales and decrease in inventory
An uptick in sales activity and a relatively slow rate of new inventory helped drive Manhattan home prices upward in the third quarter, according to market reports released by several of the city's major residential firms today. The average price for co-ops and condominium units hit $1.42 million in the third quarter, according to a report from sister companies Brown Harris Stevens and Halstead Property, up 12 percent from the same quarter last year. Meanwhile, the median price climbed 14 percent year-over-year, to $890,000. The report covers 2,471 market-wide third-quarter closings in the borough. Gregory Heym, chief economist with Terra Holdings, parent company of Halstead and BHS, who prepared the firms' report, said that Manhattan's third-quarter data outpaced many other markets. "From a national standpoint, there are still concerns about our economy," Heym said. "Locally, we had an economy and a housing market that were stronger than the nation befo...
Estimating Your Closing Costs in Fairfield County - CT vs Westchester County - NY
Ultra Lux Spectacular Huge Corner 1Bed/1.5Baths in The Heart of NYC
Greenwich home sales show momentum
There were 337 single-family home sales through July, enough to outdo the first seven months of 2009 by 102 percent. Through June of this year, there were 273 sales, more than double 2009's figures, according to data from one of the Real Estate firms of Greenwich that. The Spring market is historically better. Spring seems to have come in June, with 76 home sales, versus 49 in May and 40 in April of this year. Last year, sales peaked in July, with 56 transactions. Greenwich sales figures are tracking along with 2008 numbers, with 324 sales through July of that year, but not touching the highs of 2006 and 2007, when there were 461 and 488 home sales through July, respectively. Last year there were 167 sales through July. One area where sales did not increase last month is in the $400,000 to $600,000 range. While that price range was the only one to see an increase through July of last year, this year there was a decrease of 14 percent, with 19 sales through last month v...
