What's Up With Manhattan Real Estate?

Bottom line is Manhattan is a place like no other. It has been perpetually in a tight housing situation from UrbanDigs

Source: Crain’s New York Business

GREAT HOUSING LINKS:
Bay Area's Housing Prices Buck National Trend
Bay Area Home Sales Drop, Prices Up
Further Slowdown for Southland Home Sales, Prices Up
NAR Rallies the Ranks, Screams Foul on 60 Minutes Story
Three Cents Worth: Checking Under the ‘Hood
Subprime bailout is not the answer–HUD secretary [Reuters]
Countrywide to Pick Up Subprime Pieces [AP]
Fed: Banks Tighten Mortgage Standards [SmartMoney.com]
Massachusetts Presses Lenders on Foreclosures [NPR]
Former Ameriquest Workers Tell of Deception (Movie “Boiler Room” as training video) [NPR Radio]
Subprime’s Expanding Toll [Motley Fool]
Tighter Mortgage Standards Could Prolong Housing Slump [CNBC]
Subprime lenders say FICO failed [OC Register]
Everquest Financial is going public with risky mortgage bets purchased from its underwriter’s hedge funds [Businessweek]

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