Housing Slump? Not in Manhattan

Across the country, home foreclosures are rising. It is taking longer to sell homes and when they do finally sell, they sell for less than they would have a year ago. To put it simply: It is a bleak housing market. But there are a few bright spots out there, the most dramatic being Manhattan. In the last year, the median price for apartment sales on the island went up 14 percent, according to a report by one of the city's largest brokers, Halstead Property. Not everything is perfect in the...Full Story
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