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2013 Inventory

Started by falcogold1
over 13 years ago
Posts: 4159
Member since: Sep 2008
Discussion about
I could see holding your property off the market until all Mayan calander considerations have abated. The question is: What do you think the inventory numbers for Manhattan will be as we enter into residential Real Estate season of 2013?
Response by Tomnevers
over 13 years ago
Posts: 97
Member since: Mar 2012

I'll say this. Bonuses will be bad, with significant portions of those bonuses issued as deferred or restricted stock.

The Euro looks like it will continue to be weak, which will make NYC real estate more pricey for those buyers.

Incomes are overall going down.

Lots of buyers have been trying to wait out the recession to list their apartments. I'm hoping the markets rally but I'm not counting on a rally in housing, so I'm betting on continued tight inventory.

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Response by marco_m
over 13 years ago
Posts: 2481
Member since: Dec 2008

comp packages mostly go in 3 year cycles so every year since 2011 cash has been getting released. but I agree its gonna be another shite year

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Response by Brooks2
over 13 years ago
Posts: 2970
Member since: Aug 2011

That's funny... Still talking about WS bonuses too funny

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