February 22, 2012

Buyers cautiously sniffing housing market

Buyers cautiously sniffing housing market

The number of house hunters out this spring is an encouraging sign that the real estate market is beginning to turn around. There's just one problem — a lot of them are in no hurry to buy, according to interviews with dozens of shoppers at open houses last weekend.With white tin ceilings, original woodwork, bay windows, and a $699,000 price tag, the two-bedroom apartment at 719 Carroll St. in Brooklyn would have been snatched up in a New York minute a couple of years ago.