At the risk of sounding bitter and petty (not for the 1st time, I'm sure), I found just a wee bit of glee to read in the New York Times that even holier-than-thou Manhattan real estate is feeling the downturn. Of course, be careful to understand the broader picture. Some neighborhoods have seen median home prices go down while others have seen their real estate values go up. Most notably, "the neighborhoods that fared the best through the third quarter included Fifth Avenue and Park … [Read more...]





