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Manhattan Teeters on Brink of Housing Crash

By Jess Kilby, Newser User

Posted Jun 15, 2009 5:23 AM CDT

(Newser) – As foreclosure sales begin to lure buyers back to the housing market in some parts of the country, realtors in New York are finding the market crisis has come home to roost, Reuters reports. Things are bad and could soon be much worse. Condo sales... Read full story »

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Manhattan Teeters on Brink of Housing Crash

New York City • Manhattan • housing market • home sales • housing crisis • luxury condo • Hamptons

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More Newser Stories

Real Estate Slump Strikes Manhattan

Average apartment price soars to record; big picture grim

New Home Sales Hit 12-Year Low

Decline tops even worst estimate

$90M+ Manhattan Penthouse Sets Record

Mystery buyer snaps up One57 duplex

Rare Photos of NYC Go Online

870K images going back to 1800s added to public database

$26B Mortgage Settlement a 'Modest' Help: Experts

Many struggling homeowners not covered in deal

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