Tuesday, Oct 03, 2006

Let the demolition begin

The Times: The end is upon us, real-estate brokers look terrible - and forget the canaps

Just a few months ago, open houses in LA were like orgies. Real estate brokers would lay out tables of finger-food, while throngs of potential buyers would swoon over the stainless steel bathroom fixtures, fantasise about the remodelling potential (we can fit a hot tub in the back!) and, most importantly, jostle to outbid each other. These days the ahi tuna canaps are gone, the brokers look ill and the only buyers are professional vultures, offering 30 per cent below listing.

Posted by simoan @ 10:50 AM (456 views)
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