Each Friday, Robbie Briggs, CEO of Briggs Freeman Sotheby’s International Realty, writes about luxury, trends, business and more in the advertising pages of the Mansion section of The Wall Street Journal. Below is his letter of April 22, 2022.
FROM MY PERSPECTIVE
We were right. We predicted in our final market report for 2021 that the first quarter of 2022 would prove to be a very busy period. The ever-shrinking supply of homes for sale — called inventory in our world — combined with the unprecedented and ongoing buyer demand have created a climate of brisk, competitive [...]