Our market at this time has softened in certain price points and areas, yet, continues to sell at about 86% more than what the current inventory affords there to be. 6.

Sellers are softening and concessions granted are at multi year highs. 

Caps rates have to soften at some point, but I think this negative environment could last for at least a little longer.So with this in mind, I have a few questions for anyone in this space currently doing deals. 1.

The co-op market in NYC is softening a bit, units are staying on the market a bit longer, etc.

We are in a gentrifying neighborhood and the property values have went nuts but the market is starting to soften, the economy is showing signs of doubt (Dow down 800pts) and I am thinking now may be a good time. 

Plus the tax benefit has soften the blow.

I had backed off to let them cool off on the price and soften up a bit.

As the market is softening, you might be able to buy a 4bd/1.5-2ba on a good deal for under 300k, do limited work, and rent it out in the high $2k range to what is a good tenant base.We're starting to think about doing a more extensive renovation for the next project and for that we're looking at South Philly (Grays Ferry/Point Breeze in southwest or Whitman/Pennsport in southeast).

You can take risks once you have more properties to soften the blow if anything goes wrong in any of the others.

@Diane G. is that you, who was saying that market is softening in SF about 6 month back?