Jul

Manhattan Homebuyers Demand Bargains, Walk Away—Anything But Overpay

Sales and prices slide while listings pile up on the market
Buyers don’t want to get burned by overpaying, broker says

In his hunt for an apartment on Manhattan’s Upper West Side, Hal Walker found the perfect one-bedroom in an Art Deco building across from Central Park. It had languished on the market for almost six months.

Walker bid $30,000 below the $865,000 asking price, then refused the seller’s counteroffer. Yet he’s moving in next week…

Categories : Real Estate

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Manhattan Homebuyers Demand Bargains, Walk Away—Anything But Overpay

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