"There are a lot of hungry sharks in the water, and it really has positioned some folks very well, " said Kyle Schmidt, a broker based in East Rutherford, N.

WSJ: Deal of the Week: Flipping in Philadelphia

The 26-year-old associate real-estate broker, who lives in Hoboken, N.

WSJ: Menu

The statement said that after the withdrawal is complete, the U.N. will have a chance to broker a cease-fire for Sarajevo, and later for all of Bosnia.

CNN: NATO extends deadline for Bosnian Serbs to move weapons

After months of violence, Arab League-U.N. envoy Kofi Annan weeks ago helped broker what he hoped was a cease-fire.

CNN: STORY HIGHLIGHTS

We've also expressed concerns about the Assad regime's multiple broken promises in terms of the commitments they made to Kofi Annan, the previous U.N. official who was responsible for trying to broker a solution there.

WHITEHOUSE: The White House

Afterward, the two leaders issued a statement calling for "an immediate cessation of all violence" and expressing support for efforts by U.N. and Arab League joint special envoy Kofi Annan to broker a peace deal.

CNN: STORY HIGHLIGHTS