The Real Deal New York

For brokers, an early spring

January felt more like March for busy agents, who expect the increased activity to carry through the normally slow winter

February 07, 2013 04:30PM
By Hayley Kaplan

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From the February issue: So much for a winter slowdown. Even as the mercury dipped in January, demand for apartments was high. Driving the fast-moving market, experts said, were plunging inventory and low-interest financing. Limited inventory options and increased demand will definitely push prices higher this winter,” said Lisa Strobing, an executive vice president at Bellmarc Realty, noting that January was as busy as springtime and saw “solid traffic.” [more]