Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Showing posts with label coronavirus. Show all posts
Showing posts with label coronavirus. Show all posts
Friday, March 13, 2020
Coronavirus impact to Manhattan real estate activity
The Coronavirus (COVID-19) has impacted the Manhattan property market, although at a negligible level when compared to how it impacted the stock market.
For buyers, mortgage rates are at 50-year lows. Sellers are holding off on listing their property amid concerns about dampened prices and exposure to large groups coming to their apartment for open houses.
Read more at: Coronavirus impact to Manhattan real estate activity
Labels:
coronavirus,
manhattan,
Property,
real estate
Location:
New York, NY, USA
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