Thursday, August 24, 2006

Time to Buy???

August 24, 2006 -- In New York, the switch is on.
The slowing housing market has driven the nation's condo developers - even those in the once-sizzling local New York-area market - to pitch their buildings to renters as more and more apartments go unsold.
New York's housing trends are mirroring the rest of the nation, where both rental rates and construction of multi-family buildings are rising.
http://www.nypost.com/business/in_n_y___for_rent_signs_replace_for_sale_signs_business_lois_weiss.htm

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