What does Corcoran prefer to call the current changes in real estate prices?
VOICED: Apartments in New York are a steal
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10th Grade - University
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The video discusses the sale of a one-bedroom apartment in Midtown, highlighting its features and reduced price. Despite a $100,000 price drop, the market is slow, with first-quarter sales at a historic low. Corcoran agency views this as a price adjustment, not a drop, and believes New York's market will recover by the end of 2009. The video emphasizes that current low prices in New York City won't last forever.
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What are buyers currently waiting for in the real estate market?
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