Frederick Peters |
The Inventory Logjam
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Frederick Peters, President Warburg Realty Partnership, 212-439-4502 www.warburgrealty.com/blog |
Every week, my agents at Warburg Realty receive calls from anxious buyers, asking “Has anything come up for me? Isn’t there anything new you can show me?†I make our buyers the following solemn promise: we are NOT hoarding these properties for family members or customers we like better. In fact, we are as frustrated by the lack of inventory as you. So I thought it would be interesting to write about the ebb and flow of inventory, both annually and over the arc of the last decade. |
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