Feb 11, 2011

Not sure if the market is hot...

...How about 18 offers during the first week?

A 1300 Square foot Tribeca Loft just hit the market at an asking price of $1,375,000 or roughly $1,000 per foot. With in one week the listing brokers had 18 offers. The final sale price has not been disclosed but its rumored to by over $1,600,000.

Its been a long while since we read a story like this, time was when it was common place. Little by little things are getting back to normal...well, NYC normal that is.

Now is a great time to buy...prices are going up, interest rates are going up and job production is going up...buy now or pay more later.

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