Tag Archives: Low Inventories Prompt Agents to Go After More Listings

Inventories of for-sale homes are so tight in some markets that some agents are writing home owners letters or even going door to door asking if the owners would be willing to sell. They’re also looking at reviving expired listings. A shortage of New York City apartments for sale is prompting agents to take such actions, The New York Times reports. In Manhattan, about 5,160 apartments and townhomes were on the market at the end of last year — the lowest number on record, according to the appraisal firm Miller […]