Condo / Co-ops down 15 – 20%! Buyers Market?

Posted on December 19, 2008 | Leave a comment

As per the federal reserve board website they have estimated that the value of  New York City Co op and Condo apartment values have dropped by an average of 15 – 20 percent. Is this a buyers market? When sellers catch up with this reality buyers will buy and more sellers will sell.

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