$1.5 million dollars to possess a piece of land in Manhattan may seem like a vast ocean but if nuts and bolts are revealing in decreasing of price, then why wait for the sunrise, go for it today. Reports poring from all over the places are shouting that metropolitan areas knocked by almost by 24 percent (%) from their highest in May 2006 to October 2008, according to Standard and Poor's S&P/Case-Shiller Home Price Index, as it is stated on the article. If that is indeed the case, then 24% out of $1.5 million turns out to be approximately $ 1.1 million dollars. If one even negot...
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...rs’ dreams of possessing a home in Manhattan can now finally turns into veracity.
Now when all's said and done, great time has approached us at the end of the day. The decline of price fall in the Manhattan market has caught up to everyone’s attention lately, where percentage rates range from 20-25%. What’s more in store for us, the prices of few vacant Manhattan apartments actually dropped by double digits in the first quarter from out of the blue, according to several real estate brokerages. Nonetheless, it’s not just Manhattan, where you are distinguishing this affordable housing concept, but also this concept making its presence fall around the world as well. Hence, now we all have to take a flight out there and grab a bite of Manhattan, Soho, Harlem, Upper East and West Side, Columbus Circle, 5th Ave, and Lexington Ave before it all vanishes “into thin air.”
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