Thursday, October 18, 2012

Movin' on Up


Those Jeffersons knew what they were doing when it came to real estate.

According to The New York Post:
An exclusive area of New York's Upper East Side, where the median price for a home is $6.5 million and the most expensive will reach $40 million, has become the priciest address code in the United States, according to Forbes.
"This is the first time that a Big Apple neighborhood has topped our list," Forbes said of the New York area with the ZIP code 10065. "The main factor driving listing prices in America's most expensive ZIP codes this year is lack of inventory."
Cities like New York, where demand is high and inventory is low, saw some of the highest increases in prices. A lack of properties in the city's trendy Greenwich Village (10014) pushed it into the top ten at No. 6, ahead of Beverly Hills (90210), California, which came in 12th. 
 Read the full story HERE.

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