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Tri-state real estate market under tightest squeeze in years

Posted on 13 February 2013

The tri-state area has the smallest number of apartments available for sale or for rent in years, putting would-be home buyers in a difficult position of deciding whether to continue renting or to buy from a home selection much smaller than they’d like.
“Whether it’s Manhattan, the Hamptons, Miami, Los Angeles, we’re seeing the inventory fall sharply,” said real estate expert Jonathan Miller. People may want a bigger home, “but you don’t have things to buy,” said Miller. “You don’t have the selection.”……………………………………….Full Article: Source


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