4th Street: 400K down in 5 months. It tells us something, NYC is not immune to real-estate crashes. 11217...not true, prices coming down doesn't mean more people interested. It just mean prices coming down...in this market, perhaps realtors should start to realize that buyers are not dumb and ready to cough it up and perhaps are just smart enough to wait to move to see where the market is going, which is the thing to do right now. Or perhaps that for once the buyers could make the prices go down by not moving at all...let's get the realtors to cough it up for once!!!
4th Street: 400K down in 5 months. It tells us something, NYC is not immune to real-estate crashes. 11217...not true, prices coming down doesn't mean more people interested. It just mean prices coming down...in this market, perhaps realtors should start to realize that buyers are not dumb and ready to cough it up and perhaps are just smart enough to wait to move to see where the market is going, which is the thing to do right now. Or perhaps that for once the buyers could make the prices go down by not moving at all...let's get the realtors to cough it up for once!!!
Posted by: grenouille at January 3, 2009 7:54 AM in response to Open House Picks