bwc

Will Housing Bottom in 2010 or 2012?

I don't know where you guys are.. but here in NYC, queens, they are not dropping much.. it is flatline with.. Only drops I see are single family with like 10 to 15 percent.. but multifamily (2 or 3 family) is hitting the 900k to 1 million mark. asking price and people are buying.. In fact there was a case where people bid UP the price from 899k to 920k. I guess immigration helps.. the flux of foreign money pouring into NYC and Queens