If I were a seller, I would take the risk out of the calculation. Time does not necessarily equate to money here for the seller.
—Pamel Liebman, CEO of Corcoran

The standstill that existed after Lehman Brothers has been broken, and it was the sellers that cried ‘Uncle.’ …The sellers who want to sell are reducing their prices. The ones that aren’t, are either sitting on them overpriced or waiting for another day.
—Pamel Liebman in Bloomberg

We will probably get a little worse before it is going to get better because unemployment is likely to continue to rise after the recession ends this year.
—Jonathan Miller, Miller Samuel

The market took a nose dive and business virtually stopped in September. Now you are seeing people at least spending money again. I am not saying it is a different world; buyers are still looking for value.
—Dorothy Herman, President of Prudential Douglas Elliman