Freshening up the inventory

By Lisa Abramowicz | October 15, 2008 05:42PM

From the October issue: As the market slows, an increasing number of brokers have pulled apartments off the market, with the intention of giving them a short hiatus from the lackluster real estate environment and then re-listing them. The goal? To bring new attention to properties that have lingered for weeks or months without any movement. In some cases the sellers have dropped their prices before putting them back on the market, but in other cases the move has merely been designed as a breather to turn the stale units into “new listings” again when they re-enter the fray.
 


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