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
If I knew that my neighbors in Brooklyn have this attitude about Brooklyn…I will be gone in a minute.
The brownstone revolution eats its children.
we did that city house/beach house thing and it’s great until your kids hit about age 9 and then they have too many social/sport engagements to ever want to leave town. so if you want to do that, do it now and sell in 10 years
4:24, I’m flattered that you’ve been closely following my posts, like a schoolgirl with a crush. But had you a brain, you would have understood my point was that the same folks in PS who were describing their neighborhood as trendy and edgy were the same ones who were welcoming with open arms Starbucks, Whole Foods, etc. I never claimed to be an expert on “real NYC” – however you define that, big mouth.
4:40, yeah, because other than this one, all 100+ comments posts on Brownstoner stay totally on topic.
Isn’t it amazing that it was that, and not “strollers vs singles?”
This isn’t about which is BETTER, Brooklyn or the Suburbs (completely ridiculous debate), it’s about the fact that those who live outside the city love BOTH the country (believe me, it’s really nice up here) and the city much of the time (lived in nyc for 2 decades), there is a tendency for people in the city to bash everything about any location outside the city limits.
This blog and ongoing postings are proof! Then again, I forgot that everyone in Brooklyn is an expert on everything, surely far more enlightened than me..
Have a nice evening.
I don’t think your bet counts. The subject matter was “Is it a buyers or sellers market for townhomes”, not “Bklyn vs Burbs”.
Seems to both Brooklynites and Hudson Valley folks are defensive here.
I note lots of peolple say how bad the suburbs are. Nobody is claiming how bad Brooklyn is, just that it is possible to find live outside Brooklyn as well.
Judge yourself.
Biff, hah, seriously. This one has legs.
Wonder where else it will go.
To be honest, I think our long-term plan is to keep Brooklyn house and also get a beach (or perhaps country, a la Berkshires) house.
Best of both worlds, as kids can invite longtime Brooklyn friends out to the house for the week/weekend, and kids can also meet other folks out wherever that may be.
We are definitely a number of years from that (something to work for), but that’s the sort of long-term balance that sounds good to us (which is actually a combination of the two sides mentioned above).
But then again that’s just us, buncha maroons we are.