Property Grunt

Monday, October 17, 2005

Report from the front: No change

It was ghost town Sunday once again. Buyers were as scarce as good taste at a Britney Spears bridal shower. Speaking of Britney Spears, her apartment is still on the market.

It is really depressing when you are sitting in the lobby with a bunch of other agents waiting for the trickle of buyers that come in. I talked to the other brokers in the lobby and general concensus is that more inventory has definitely has dropped onto the market. One agent commented on getting at least 8 exclusives in the past several weeks. But it is too little too late?

As far as I am concerned buyers are just waiting for the drop. The game of chicken is still on. Sellers. Start blinking.