'Dog-eat-dog' condo days are gone Premium Content

Developers sweeten incentives to lift sales

Inman News®

As the national real estate market descends from record heights, condo developers in some markets are buddying up to home shoppers and real estate agents with promotions and incentives.

The "dog-eat-dog" condo market of the not-too-distant past has lost some bite but not its bark, according to Thomas C. Demsker, a Realtor with Prudential Douglas Elliman in New York City.

Inventory is up, and some sellers have dropped prices after realizing they were expecting too much, he said.

more...

To view this premium content sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives & premium content.

Purchase Premium+ Membership for $99/year OR
Premium Membership for $49/year

Buy Now

Share with REmessenger