Pamela Liebman
Pamela Liebman
acts believe bubble estate explode
I don't believe real estate acts in any way that could be a bubble, because a bubble pops, and real estate doesn't explode overnight.
buyers paying tired took
Buyers got tired of paying more and more and took a breather.
attached building cool fiddle great latest living owning people played second status
It used to be that condos played second fiddle to the prewar co-ops. Now, there's a lot of status attached to living in the latest great condominium building or high-rise. People think it's cool ? it's like owning art.
buyers seem
The buyers were pausing, and the sellers didn't seem to notice.
beyond buildings exists fact special
When you see things that have stalled, it's because of price. The million-dollar one-bedroom is not a fact of life. It exists, but it exists in special buildings with something that is beyond the ordinary.
apartments buyers desirable largest
We still have an oversupply of buyers over sellers, especially in the largest apartments and most desirable neighborhoods.