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4 year supply of downtown townhouses!

Started by ilovenyc1
about 15 years ago
Posts: 2
Member since: Jun 2011
Discussion about
Streeteasy shows over 100 downtown townhouses on the market and only 4 townhouse closings in the last 60 days -- making for a 4 year supply! I would like to buy a nice single family property in the $4-5 mn range but the pickings are slim. Asking prices seem to be totally out of line with closing prices.

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