Manhattan homebuyers make fewest first-quarter deals since 2009

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Manhattan's would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise.

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Manhattan’s would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise. Purchases dropped for a sixth straight quarter in the first three months of 2019 as sellers struggled to cut prices deeply enough to attract offers.

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This year has so far seen the fewest IPO deals since 2009, which was shrouded in post-crisis doom. Accordingly, the Atlanta Fed’s latest forecast for first-quarter GDP has fallen all the way to.

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of private capital for first-time homebuyers, insuring 507,000 of these mortgages in 2016. We understand the first-time homebuyer segment, both the ones we serve and those served by others. We started working on the First-Time Homebuyer Market Report in 2015. The question was both simple and important: how many homes are sold to first-time

Member since: Mar 2009 After all the anecdotes about how market activity was booming, at the end of the day number of contracts signed for March in Manhattan down 13.1% YOY. Ignored comment.

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