VOICED: Apartments in New York are a steal

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.

What does Corcoran prefer to call the current changes in real estate prices?

What are buyers currently waiting for in the real estate market?