Bubble Watch
Real estate agents are reporting less buying activity.
(MONEY Magazine) - HEY, WHERE IS EVERYBODY? In a recent survey of 300 real estate agents in 20 large markets, 54% said buyer traffic was below expectations. What's more, 57% reported greater use of incentives--discounts to buyers in the form of cash, freebies or extra commissions for buyers' agents. For more on the softening home market, see page 55. |
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