Find Your Next Place

Powered by
The Agency

Survey says NYC buyers and sellers each claim the upper hand

Published December 14, 2010 (over 15 years ago) · Updated 3 months ago
Survey says NYC buyers and sellers each claim the upper hand
We've talked a lot about our one-click Holiday Tipping Survey this month (801 responses and counting), so following an appreciative tip-of-the-hat toward today's article about it in the NY Daily News, we thought we'd talk about someone else's survey for a change.
As we reported a couple of weeks back, The Apple, Peeled recently launched a poll designed to measure sentiment among NYC buyers and sellers. The results are in, and sellers seem quite a bit more sanguine than buyers. Sixty-three percent of sellers believe their personal economic situation has improved over the last year, while only 43% of buyers concur. Perhaps most importantly, however, 54% of buyers believe apartment prices will decrease next year, while only 27% of sellers anticipate reductions. Elsewhere The Apple, Peeled notes the lack of high-quality, well-priced larger units. As there can be no sale without a buyer, the lack of decent inventory coupled with buyers' expectations of lower prices could lead to quite the sales stalemate.... (The Apple, Peeled; NY Daily News; previously)
Loading ad...

Newsletter

Join over 50,000 New Yorkers who read our newsletter to become smarter real estate shoppers and residents. Get the latest NYC insights delivered weekly.

By signing up you agree to our Terms of Use

Find Your Next Place

Powered by
The Agency
Loading ad...