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
Ohh some of you people are laughable. Just cause you can’t afford the million dollar brownstone, you’re hightailing to the suburbs…
some of you sound liks spoiled kids, I’m not living in brooklyn if it’s not in a brownstone (mouth pouted and feet stomping)
There are many lovely neighbourhoods in Brooklyn with brownstones too, if it’s brownstones you’re chasing…come down to the flatbush area, have some rice and beans and some curry goat, with a side of fried plantains now that’s diversity
oops, didn’t mean to repeat 3:42’s last few thoughts in my email…although i do agree with them.
well i think the two are connected.
i wouldn’t want to live in a place i wouldn’t want to visit.
and i have no intention of ever hitting the burbs of paris anytime soon.
Ok, I can’t speak for every suburb of NYC (but it seems some of you can). I’m in Beacon and I can tell you for a FACT that there are plenty of “interesting” people moving up here. From Brooklyn. With and without kids. Lots of them. And guess what else? Big time green movement up here…building, local/slow food movement.
And I see plenty of tourist going to DIA and buying art and antiques on Main Street. Is this the “burbs” you’re talking about?
I’ve been to Florence, Rome, Venice, London and Paris. So your point is well taken. I happen to be from a big city (Toronto), have lived in Manhattan and now live in BH. I’m used to the city and love the city and wouldn’t want to live anywhere else. But I thought we were talking about city vs. suburban living, not where one would rather visit.
you realize that up until about 60 years ago, MOST people lived in or very close to a city.
the whole suburban flight issue in the u.s. has been something that we’ve being trying to reverse for the last 30 or so years.
there’s a reason for that. it’s not just my opinion.
the problem is, if you don’t act/look like like paris hilton or lindsay lohan , everyone’s a loser in the burbs.
^^ hah.
I grew up in the suburbs and loved it. But then again, I wasn’t a loser.
you just named two places where large cities don’t exist.
if you went to italy, would you go without seeing florence or rome or venice?
would you go to the u.k. without going to london?
france without paris?
probably not. i’m not saying that off the beaten path places aren’t good or that all rural areas and suburbs suck, but i’m trying to make the point that cities have a lot to offer. for living and for young minds to have things to be excited about.
you realize that up until about 60 years ago, MOST people lived in or very close to a city.
the whole suburban flight issue in the u.s. has been something that we’ve being trying to reverse for the last 30 or so years.
there’s a reason for that. it’s not just my opinion.