Ruth Golod

Manhattan / New York City Townhouse Specialist

New York City Real Estate Market

For more information or to view this property, contact Ruth Golod, Vice President at the Corcoran Group: (212) 893-1723.

It seems that I am not alone in thinking that there is a general slowdown in the real estate market in New York as well as in other areas. Many articles have been published this week quoting sources like government economic reports, local MLS board statistics as well as first-hand observations by real estate professionals. All have basically come to the same conclusion…property sales have slowed down over the past three to four months and a trend is starting to emerge. Do I think this means there is going to be a “crash” in the market, not at this point. But, I think you are kidding yourself if you think that the economy and real estate sales are slowing down finally.

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