Coping: St. Joseph and the slowing market

Change is rarely easy. And brokers are finding the change in the pace of sales especially difficult. On average, Manhattan properties are taking a month longer to sell than they did a year ago at this time – 133 days. (That may feel like an eternity, but it’s still within the norm for the last 20 years, which was 120 to 150 days.) To cope with this change in pace, brokers are doing eveyrthing from slashing asking prices to hiring home stagers to wedging plastic-wrapped statues of St. Joseph into houseplants. more [NYT]

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