Worry chills local residential market

Job jitters scuttle home sales
October 04, 2008 06:36PM


Financial news headlines about Wall Street's meltdown are ratcheting up the fear factor for buyers and sellers, who are becoming even more cautious about plunging into the real estate market.

Industry experts anticipate price drops across the board. But certain residential neighborhoods will probably be hit harder than others by the chaos on Wall Street.

This month, two stories take a look at the impact Wall Street's trouble could have on Manhattan's residential market.

Wall Street fear factor chills market

Which neighborhoods will take biggest knock?


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