April 22nd, 2008
New York! New York!
How about this headline The average price of Manhattan homes defied the slowing national economy and soared 41 percent in a year.
In a time when most of the national economic news is negative, this one in particular caught my eye.
What was even more interesting was that it showed the Luxury market in New york is doing really well, however, other areas of New York are down in median price.
As I mentioned before, Oahu has already done 70% of the number of sales in the $2.0 million plus range that it did for all of last year. Obviously a similar trend in the our market as the New York market.
Share ThisPosted by scott on April 22nd, 2008 in Real Estate |
