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Chief Blogger: Christopher Dente, Director of Public Relations | 212.685.7777 | cdente@citi-habitats.com	More Posts

Sales First-time homebuyers leading market back Posted by Christopher Dente |  November 16, 2009 First-time homebuyers leading market back By Les Christie, CNNMoney.com staff writer Housing recovery is being propelled by affordability, bringing entry-level buyers back into the market. NEW YORK (CNNMoney.com) -- Propelled by the first-time homebuyers tax credit, nearly half of home sales are now being made by first-time purchasers, according to an industry report released Friday. Read full article here.   Comments(0) Filed under: New Developments, News, Sales Share Bidding Wars Resume Posted by Christopher Dente |  November 16, 2009 Bidding Wars Resume By VIVIAN S. TOY | NY Times A TWO-BEDROOM apartment on the Upper West Side is listed at $1.595 million and sells within two weeks after nine prospective buyers race to outbid one another, ultimately pushing the price to nearly $1.8 million. Read full article here.   Comments(0) Filed under: Manhattan, New Developments, News, Sales Share Mortgage Rate Update Posted by Christopher Dente |  November 16, 2009 Regular Mortgages Jumbo Mortgages Source: BankRate.com View: three months   5/1 A.R.M.        4.09% 15-Year Fixed  4.60% 30-Year Fixed  5.02%           5/1 Jumbo         4.77% 15-Year Jumbo  5.39% 30-Year Jumbo  5.89%   Comments(0) Filed under: Market Reports, New Developments, Sales Share Mortgage Rate Update Posted by Christopher Dente |  November 12, 2009 Regular Mortgages Jumbo Mortgages Source: BankRate.com View: three months   5/1 A.R.M.        4.20% 15-Year Fixed  4.63% 30-Year Fixed  5.07%           5/1 Jumbo         4.74% 15-Year Jumbo  5.40% 30-Year Jumbo  5.91%   Comments(0) Filed under: Manhattan, Sales Share The Alliance for Downtown New York - Q3 2009 Real Estate Market Overview Posted by Christopher Dente |  November 12, 2009 The Alliance for Downtown New York - Q3 2009 Real Estate Market Overview Though the global recession continued to impact Lower Manhattan in Q3 2009, the real estate market outperformed other business districts and showed signs of stabilization. There was a notable uptick in leasing activity between July and September, highlighted by the signing of two of the city’s largest leases this year. Meanwhile, residential vacancy rates remained very low, and hotel prices and occupancy outpaced the greater New York City market. Additionally, 21 retailers opened their doors this quarter, ranging from a national steakhouse chain to delis, clothing stores, and hair salons. Click here to read the Q3 2009 Real Estate Market Overview, covering office, residential, hotel, and retail market performance.   Comments(0) Filed under: Manhattan, Market Reports, New Developments, News, Rentals, Sales Share	RECENT POSTS Mortgage Rate Update U.S. Mortgage Rates Fall for Third Consecutive Week With F.H.A. Help, Easy Loans in Expensive Areas U.S. Housing Recovery Delayed to 2010 as Market Wanes Real Estate Outlook: Moving Towards Recovery First-time homebuyers leading market back Bidding Wars Resume Mortgage Rate Update RELATED Events Manhattan Market Reports New Developments News Press Releases Rentals Sales All Sections ARCHIVES November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 Add CitiBlog feed

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