An analysis by StreetEasy of sales and price changes in New York City neighborhoods following Hurricane Sandy tells a “tale of two recoveries.”
Contract volume in flood zones in Manhattan quickly rebounded after Sandy initially dented them, while prices and rents remained stable, StreetEasy reported.
But some housing markets in flood zones of other boroughs were not nearly as resilient as those in Manhattan, and they are continuing to feel the effects of the super storm, according to StreetEasy.
Source: StreetEasy – See more at: http://www.inman.com/wire/tale-of-two-recoveries-emerges-in-sandys-wake/#sthash.8BpR8rMs.dpuf
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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