Is It a Buyer's or Seller's Market in Townhouses?
Here’s an email we received from a reader this week: I was hoping you could foment some sort of discussion on the summer brooklyn townhouse market. I can’t really figure out what’s going on. It seems like a lot of stuff is left over from the spring, but then some great stuff just flies off…
Here’s an email we received from a reader this week:
I was hoping you could foment some sort of discussion on the summer brooklyn townhouse market. I can’t really figure out what’s going on. It seems like a lot of stuff is left over from the spring, but then some great stuff just flies off the shelf. I’ve been to dozens of open houses the past few weeks, some are empty, some are thronged. I can’t tell if it’s a buyer’s market or a seller’s market. It seems like a lot of people are waiting for the fall to see what comes on the market. What’s your sense?
Seems to us like there’s not a lot of good inventory and that buyers aren’t desperate enough to go for the crap. Your thoughts?
Photo by Da Nator
> “standing for 45 minutes on the number 5
> or whatever”
> sorry if this sounds snarky, but it kinda is.
> if you’ve ever waited 45 mins for a number 5
> train, you really belong in the suburbs.
I believe this person meant standing on 5 the train during their commute home, not standing on the platform waiting for a train that will never come.
I have to say that I considered moving to CT when I started to feel priced out of Manhattan and saw how long my friends’ commutes to PS and other neighborhoods were. It used to take me an hour to get to a friend’s apartment in the Slope from Lower Manhattan on the F train on a bad day. Moved to Dumbo instead but the commute to Midtown is still a real page turner after my old Manhattan ride. I’d go crazy day after day without a book or a copy of NY Magazine.
I’ve never understood the
<< In our neighb right now a decent two bedroom now is $3500/month in rent and we could not fathom throwing away that much every month. A million dollars (more or less) is pretty much what you have to spend to be in our neighb and actually, neighborhood has more to do with quality of life and happiness than the size of home.>>
Hey, maybe you can’t afford your neighborhood. Ever thought of that?
That happened to me. Rented in Chelsea for 15 years and had to move even tho my kids had their friends there. Because, GUESS WHAT, you’re not entitled to live where you want to. A million dollar home is not in the Bill of Rights.
Why does a persons decision/musings about where to live always incite blog rage? It’s as if people are personally offended if people aren’t dying to buy on their block.
I’m REALLLLY curious why there are so many suburb boosters on brownstoner.
I don’t find myself sitting in Park Slope thinking…hmmm…I wonder what’s going on with those new developments in Larchmont today.
I wonder….
well, not 2:10 but I’ve stood on a 4/5/6 for 45 minutes. who hasn’t?
1:56, my current commute from Brooklyn is 40-50 minutes. The areas I am looking at are a 40 minute ride to Grand Central, putting my total commute at an hour and 10 minutes. That’s an extra 40-50 minutes a day, which is not nothing, but it is not that big a differnece either. I’ll leave 20-30 minuites earlier and get home 20 minutes later and won’t miss much.
The website was mentioned in the house picks on Friday. It’s worth looking at.
don’t be jealous you couldn’t cut it in ny anymore, 2:20.
it’s not becoming.
embrace your new life. it shouldn’t matter what other people think, if you’re truly happy.
oh and btw….enjoy brownstoner!!!
what, no nyacker.com?
LOLOLOLOLOL
“new york isn’t made for everyone. survival of the fittest should be the new city slogan”
In your case its survival of the most obnoxious. -another demerit for brownstone Brooklyn, which seems to me is too full of obnoxious, self-righteous, and self-absorbed people.
1:49 – thank you. A voice of sanity in the wilderness. Sometimes I pray for a giant crime wave to wash these people back to the suburbs from whence they came.
according to you, you’ll be the first one gone!!!
either that, or find yourself a new hubby. STAT!