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[Three Cents Worth #286 NY] How Many NYC Apartments Are Bought With Cold Hard Cash?

It’s time to share my Three Cents Worth (3CW) on Curbed NY [1], at the intersection of neighborhood and real estate in the capital of the world [2]…and I’m here to take measurements.

Check out my 3CW column [3] on @CurbedNY:

The Washington Post published an article last year titled “8 in 10 Manhattan home sales are all-cash,” a statement that was (and still is) hyperbole; the actual figure was 45 percent. The data is worth revisiting, though, and I thought it might be a good time to look at the makeup of Manhattan apartment purchases in regards to cash versus financing. Obviously, there has been some confusion in the past, so I thought it would be helpful to display a year’s worth of trend data…

3cw5-27-15 [4]

[click to expand chart]


My latest Three Cents Worth column: Three Cents Worth: How Many NYC Apartments Are Bought With Cold Hard Cash? [Curbed [5]]

Three Cents Worth Archive Curbed NY [6]

Three Cents Worth Archive Curbed DC [7]

Three Cents Worth Archive Curbed Miami [8]

Three Cents Worth Archive Curbed Hamptons [9]

Three Cents Worth Archive Curbed LA [10]

Three Cents Worth Archive Curbed Ski [11]