The Real Deal New York

Burst of activity ahead?

September 11, 2008 10:56AM
By Lauren Elkies


From the September issue: The calendar says back to school, and
for the real estate industry that means back to business and an end to
the summer doldrums. Watch for the end of the month to be marked by
closings of spring deals, an influx of homes being listed (or
re-listed) and buyers taking out their checkbooks. But although fall is
typically when the market goes on an upswing, this year, buyers are
still expected to be hesitant to pull the trigger, and September data
is expected to be somewhat off from years past as economic uncertainty
lingers.

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