Long term price trend in Park Slope?

Would anyone care to make a prediction on the long term (say, next ten years) price trend of brownstones in north Park Slope near the Park?
On average 5%? 10 %? more? less?

starfish11040

in General Discussion 8 years and 1 month ago

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7 replies

slick | 8 years and 1 month ago

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Overall, the trend is up but slower than before. The highest price rises will be secondary areas inching closer to the prices of the prime areas. The highest priced properties will rise at a slower rate. There may be more of a spread between move in ready and poor condition homes, but that’s more uncertain.

daveinbedstuy | 8 years and 1 month ago

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Depends also whether there are a lot more Manafort properties.

slopefarm | 8 years and 1 month ago

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Nuclear war with North Korea is probably bad for RE values as well.

Really hard to take a prediction like the one requested here with any degree of seriousness. Far too many factors.

daveinbedstuy | 8 years and 1 month ago

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> @randolph
> trend is most likely UP.
Not if we keep having -500 point days with the DOW. LOL

randolph | 8 years and 1 month ago

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trend is most likely UP.

daveinbedstuy | 8 years and 1 month ago

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LOL

EJR | 8 years and 1 month ago

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I don’t understand what is to be gained by this post, but I also can’t look away! If the same person who answers this question can also please advise about the long term (say, next ten years) price trend of the S&P 500 as well as winning lottery ticket numbers, please PM me! thx!