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Manhattan Home Sales Plummeting

Video Credit: Wochit - Duration: 00:38s - Published < > Embed

Manhattan Home Sales Plummeting

Manhattan Home Sales Plummeting

According to Business Insider and Douglas Elliman Real Estate., the number of home sales in Manhattan have decreased for four straight quarters.

There are not as many sales in the borough of New York mainly due to home sellers that have have high expectations about what buyers can afford.

According to the prediction of Jonathan Miller, the CEO of the real-estate appraiser Miller Samuel " sales will snap back when sellers get more realistic about pricing.

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