15 Quotes by Harvey Shapiro

Even with the higher number of residential sales in March, total sales for the first quarter showed a small decline from last year. This reduced demand, along with the renewed availability of housing, means that the market is moving forward on its path toward stabilization.

Anyone waiting on the sidelines for the price to drop will probably be disappointed. If you were in a position to purchase last year and you had decided to wait, at this point you'd say that it was an awful decision.

In the past year, sellers would put up the price, and there would be three people who wanted to buy at or above the asking price. That kind of demand has really shut down recently.

Because leasehold is so negatively thought of, you might be able to back into a leasehold that fits your needs. Then it would definitely be worthwhile to buy.

If he doesn't investigate the property, his leasehold could end up being more expensive than fee simple.

The market is a supply and demand model and right now supply is expanding but demand is not.