How’s your market doing?

I’d love to learn how the housing market is doing in different geographies and thought others might too. I’m invested in NYC (Manhattan) but I’m looking to expand to one other geography for diversification.

Manhattan condos have been pretty stagnant for the last 6 months but has been picking up in the last few weeks. This winter many listings had price cuts (as high as 5-10%). Things are not going above asking yet but there’s starting to be more completion for decent properties.

submitted by /u/thefrogmeister23
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source https://www.reddit.com/r/RealEstate/comments/1jkzkeb/hows_your_market_doing/