Upscale garages ‘in,’ buyer incentives ‘out’ for ’07

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

When home sales softened late in 2005, many sellers decided to take their homes off the market and wait until the spring flowers surfaced -- along with the traditional housing season -- to lure potential home buyers. While sellers enjoyed modest appreciation in many areas of the country early in 2006, the second half was a totally different matter. Could the New Year possibly restart the positive cycle? Some economists believe the pull-and-wait strategy might have been premature given the amount of expected inventory in early 2007. Mark Nash does not necessarily concur. He thinks that there could be as many pent-up buyers as pent-up sellers, especially if the home is priced correctly. Nash, a Coldwell Banker broker and real estate author whose book "1001 Tips for Buying & Selling a Home" is a helpful guide for consumers considering the residential market, compiles an annual list of what's "in" for housing this year, what is definitely "out," and several items that are "on the w...