Pamela Liebman
Pamela Liebman
acts believe bubble estate explode
I don't believe real estate acts in any way that could be a bubble, because a bubble pops, and real estate doesn't explode overnight.
certain drawing frenzy market multiple product segments slow spring
What will slow this market down, and has slowed certain segments of the market down, is overpricing, ... Back in the spring there was such a frenzy that very pedestrian product was drawing multiple bids.
basis change decision financial home kids purely room
To make a decision on your home on a purely financial basis makes no sense. Will your kids have to change schools? Will your rental have enough room for all your things?
advice approach enhanced given value
I am always asked, "Who was/is your mentor?" One person.... Howard Lorber. He has given me the advice I always value and enhanced my approach to business.
attached building cool fiddle great latest living owning people played second status
It used to be that condos played second fiddle to the prewar co-ops. Now, there's a lot of status attached to living in the latest great condominium building or high-rise. People think it's cool ? it's like owning art.
apartments buyers desirable largest
We still have an oversupply of buyers over sellers, especially in the largest apartments and most desirable neighborhoods.
beyond buildings exists fact special
When you see things that have stalled, it's because of price. The million-dollar one-bedroom is not a fact of life. It exists, but it exists in special buildings with something that is beyond the ordinary.
buy buyers came feeling last opportunity pickup six street wall weeks
There was significant pickup in the last six weeks of the market; the buyers came flocking back. Part of it was the anticipation of the Wall Street bonuses, part of it was the feeling that there was some opportunity to buy and negotiate.
buyers seem
The buyers were pausing, and the sellers didn't seem to notice.
buying cycle market time
If you're buying for investment, it's more important to try and time the fluctuations of the market cycle. If you're buying to live there, you should buy because of the cycle of your life.
believe bonus buyers came carry last six sort talk weeks
In the last six weeks of the year, the buyers sort of came back. I believe that's going to carry over into the first quarter. There's a lot of talk about the bonus money.
buyers paying tired took
Buyers got tired of paying more and more and took a breather.