The Real Deal New York

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

30-day mortgage contingencies make a comeback

January 21, 2015 10:45AM
By E.B. Solomont

From left: Julia Boland

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

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]