Vincent Fernando | Jan. 5, 2010, 7:49 AM
…median Manhattan apartment prices fell 10% year over year in the fourth quarter, but those for three- and four-bedroom units dropped a shocking 42% and 38% respectively…see chart here
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1 comment
January 6, 2010 at 9:25 pm
Fresno Real Estate
Yeah, we’ve seen similar declines in the Fresno Real Estate market… but low inventory and high buyer demand has caused a floor and values are starting to increase again, around 1/4 to 1/2% per month. A lot of the foreclosure inventory has been absorbed as well, which helps.
John