Sunday, November 30, 2008

Shine Might be Wearing Off Manhattan Real Estate Market

Manhattan's residential real estate market may be losing some of its luster. Declines in the city's financial-services industry and the nation's credit crisis have started to affect one of the country's top real estate performers.

Adding to the problem on a global level is the declining euro. Foreign buyers are now more cautious, as the New York market has become less of a bargain for them.

Read Shine Might be Wearing Off Manhattan Real Estate Market

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