Northeast Region

Chester County Housing Market Doing Well

Jul 23rd, 2008 | By RT Staff | Category: Northeast Region

The real estate market in Chester County had mixed results in the first half of 2008.
Median home prices remained steady at $310,000, the highest in the five-county Philadelphia area and the same as its mid-mark in 2007.
Meanwhile, far fewer homes sold in the county during the period compared to the first half of 2007, and [...]



In Housing Market Made of Glass, Beaver County Can Throw Stones

Jul 20th, 2008 | By RT Staff | Category: Northeast Region

The real estate market in the Beaver County region is far from stellar, but things here could be worse as the nation struggles with the worst housing slump since the Great Depression.
While home sales are down, prices are up in Beaver and western Allegheny counties for the first half of the year over the same [...]



Long Island/Queens Residential Market Shows Stability With Long Island Sales Increasing

Jul 17th, 2008 | By RT Staff | Category: Housing News, Northeast Region

The 2nd Quarter Prudential Douglas Elliman Long Island/Queens Market Overview shows the housing market in stable condition with slight increases in the price indicators, a modest decline in the number of sales and a slow down in the rise of inventory.
“The Queens and Long Island market is showing stability this quarter,” said Dottie Herman, President [...]



Manhattan Real Estate Starts to Soften

Jul 2nd, 2008 | By RT Staff | Category: Featured Articles, Northeast Region

Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city’s top real estate agencies.
Data from this year’s second quarter indicate two divergent trends; on a year-over-year basis, the volume of sales is down, while at the same time the average home price is rising.
“The [...]