Open House Picks: Six Months Later
Comment: Grim. Open House Picks 6/27/08 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
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Comment: Grim. Open House Picks 6/27/08 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
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Too bad for the sellers in PS. That’s a gorgeous house. They’ll still make money, I’m sure, but no doubt they’re worried stiff right now. At this point I can’t even hazard a guess what it might bring…
I think the BedStuy house is listed here….
http://www.3location3.com/open-realty/listing_browse.php?prop_option=For%20Sale
Where do you find the current listing for the Bed Stuy place? It seems to be expired.
I really like these crown heights listings, but I cant imagine paying anything close to these prices….
I guess with the holidays and all one shouldn’t expect many comments, but damn, not one sale and only 9 comments. That in itself is a pretty good indicator of how bad the market is right now.
Significant cuts here except for that 4th street house which in our opinion needs to be around $2m even..yeah we know that is bearish but thats the reality these days.
Infact we predict all these places will see further cuts in the 20% range. Prodigal Son 40% seems a little too bearish no?
Yeah, balls…
Sorry I meant, 11/-12/09. Not now.
PS,
I agree prices could keep on tanking due mostly to the law of gravity.
Just for the record, you do realize it already is winter 09, don’t you?
You folks think THESE reductions are anything? Wait until winter 09. Especially in the less desired areas, prices will drop another 30-40%.