International Property Investment » New York city real estate http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Sat, 14 Jan 2012 12:20:59 +0000 en hourly 1 admin admin International Property Investment Blog No No New York City Luxury Market Falls in 4th Quarter http://internationalpropertyinvestment.com/new-york-city-luxury-market-falls-in-4th-quarter http://internationalpropertyinvestment.com/new-york-city-luxury-market-falls-in-4th-quarter#comments Tue, 13 Jan 2009 00:41:20 +0000 pgrundy http://internationalpropertyinvestment.com/?p=1274 Until recently New York City real estate has been fairly impervious to the U.S. housing meltdown, with most properties in and around New York continuing to appreciate (although more slowly than in recent years) in the midst of the biggest real estate mess to hit the country since the Great Depression. All of that changed, however, after September 7 of 2008 when the U.S. government seized the quasi-governmental mortgage giants Fannie Mae and Freddie Mac.

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