Signs of Recovery in Brooklyn Housing

"According to the report, to be released Friday by Jonathan J. Miller, president of the appraisal firm Miller Samuel, Brooklyn is seeing stable sales, faster marketing times, a surge in high-end sales and rising inventory. While mortgage rates are now at record lows and prices are still well below peak levels, Mr. Miller said recovery was still being hindered by unemployment, a so-called shadow inventory of property for sale but not listed, and tight credit."