Luxury apartments keep lingering on the market. As inventory grows and a buyer’s market creates the opportunity to extend negotiations, high-end properties are moving at a sluggish pace. In this environment, it’s sellers and developers who are quick to course correct and adjust pricing that have an advantage, brokers said. “Longer days on the market and more negotiability — the two go hand-in-hand,” said Donna Olshan, head of Olshan Realty. In the last week of […]
source https://therealdeal.com/2018/08/13/luxury-listings-stay-put-as-buyers-come-ready-for-a-bargain/
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