By Lulu Chiang, Senior Field Producer, CNBC
NEW YORK (CNBC) --In a survey conducted by Coldwell Banker Real Estate, 9 out of 10 brokers said "the economy is delaying baby boomers' plans to sell their homes, compared to a few years ago."The big issue is the huge number of foreclosures. Jim Gillespie, CEO of Coldwell Banker Real Estate, said it really depends on how long it will take to work through the foreclosures in the system.
|More from CNBC Where to Find Housing Demand |
Stocks may Have Seen Their Lows for Year
As Kids Go Online, Identity Theft Risks Grow