Price of Manhattan apartments up

highwayman

New Member
Hey look, expensive apartments....Hey skippy, how about buying that swamp land in Phoenix you had your eye on....


http://news.yahoo.com/s/ap/20070103/ap_on_bi_ge/manhattan_apartments_1
NEW YORK - The average price of a Manhattan apartment rose to more than $1.14 million in the fourth quarter of 2006, up 5 percent compared with the same period a year earlier, according to two new real estate reports.

The median price for the apartments was $760,000, a new record, beating the figure from 2005 by 9 percent, according to the reports released Wednesday.
 
One point four would set you up just fine
with 10,000+ sq foot house in the ritziest part
of Paradise Valley.

The kids second girl friends’ lawyer parents only spent 1.1 in 91
 
One point four would set you up just fine
with 10,000+ sq foot house in the ritziest part
of Paradise Valley.

The kids second girl friends’ lawyer parents only spent 1.1 in 91

If I had 1.4 mil to spend on a house I'd prolly move to Sedona.
 
Sedona is nice,
may have changed a tad since you were last there though.

Exploded with growth!
 
My grandparents built a house in Sedona on a nice five acre lot back in the late eighties/early nineties. They just sold it last summer for an obscene amount of money. I have very rich and eccentric grandparents.
 
I used to go there when you could have bought Sedona for $1.4M.

It was starting to get a bit more upscale when I used to go there. I understand it's pretty hoity-toity now. Prolly wouldn't let my kind buy a house there...
 
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