Despite reading in the Times that prices are down it seems to me that the decline in sale price hasn’t really effected the Clinton Hill \/ Ft Greene market as drastically. I recently put a bid on a condo that went into competition and sold for 25k over asking price. At a second place, the sellers are holding out for a price that is 50k over what they paid for their home in 2008. Aside from brand new luxury Condos which, I am uninterested in, there seems to be a lack of inventory and asking prices are not, “bottom of the market”. In the 400k to 550k range, you’d think there would be more opportunity for 2 bedrooms. I was hoping to get a steal in a buyer’s market but find myself competing over scraps at prices above my means. <\/p>\n
So, what kind of market are we in?<\/p>\n","protected":false},"excerpt":{"rendered":"
Despite reading in the Times that prices are down it seems to me that the decline in sale price hasn’t really effected the Clinton Hill \/ Ft Greene market as drastically. I recently put a bid on a condo that went into competition and sold for 25k over asking price. At a second place, the…<\/p>\n","protected":false},"author":34072,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[],"districts":[],"class_list":["post-36345","post","type-post","status-publish","format-standard","hentry","category-real_estate"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2009\/09\/buyers-or-selle\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Buyer’s or Seller’s Market?","url":"http:\/\/www.brownstoner.com\/forum-archive\/2009\/09\/buyers-or-selle\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2009\/09\/buyers-or-selle\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Real Estate","author":[{"@type":"Person","name":"bklyn11238"}],"creator":["bklyn11238"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2009-09-23T12:14:18Z","datePublished":"2009-09-23T12:14:18Z","dateModified":"2009-09-28T09:49:44Z"},"rendered":"