Non-starter a year ago, return of mortgage financing shows buyers gaining clout

30-day mortgage contingencies make a comeback

From left: Julia Boland, Jeff Schleider and Mary Lou Currier
From left: Julia Boland, Jeff Schleider and Mary Lou Currier

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From the January issue: For the latest sign that Manhattan’s residential market is returning to normal after last year’s frenzied pace, look no further than sales contracts, where 30-day mortgage contingencies are experiencing a revival. [more]