2009 Predictions and Resolutions?
Anyone have any predictions for the Brooklyn real estate market or renovation resolutions? How about the financial markets in general? As far as the real estate market goes, we’re just hoping that Clinton Hill doesn’t slip too far below 2004 values (where it’s probably pretty close to already); as for renovation, it’s a fair bet…
Anyone have any predictions for the Brooklyn real estate market or renovation resolutions? How about the financial markets in general? As far as the real estate market goes, we’re just hoping that Clinton Hill doesn’t slip too far below 2004 values (where it’s probably pretty close to already); as for renovation, it’s a fair bet that we won’t be moving the kitchen down to the parlor floor in ’09. Others?
In Brenda’s defense I used to see MANY boxes from HSN and QVC curbside on recycling night in the poshest areas of Brooklyn.
It’s the guilty pleasure only your UPS Man knows about!
I’m going to be twice as successful in my career next year, despite the economy. Since my field involves what is really extra, luxury home items, I’m going to have to work twice as hard. That may mean branching out into other lines of work, which I welcome. I may have 10 jobs, like the Jamaican characters in the Living Color sketches, but ‘ey mon, dat’s irie.
If I do have a lot of down time, I’m staying home and doing what I can at Casa Morris. Paint is still reasonable, as are soap and water, and I may teach myself to reupholster furniture. I’m going to work on the books I want to write, the curtains I need to sew, and work on the back yard this year.
I also want to network with like minded entrepeneurs, especially in Brooklyn, to see if we can pool our talents and resources together to succeed where we might not have been able to individually. I see the next couple of years as a challenge to reinvent my life, my career, and my choices. There is never a good time to take chances, you just have to get out there and do. If it doesn’t work, you tried. If you don’t try, then you have only yourself to blame. Go for it.
lol i was just going to comment on the QVC thing too. brenda you’re a riot!
*rob*
Brenda…
QVC?
I think your’e speaking to a different demographic than 90% of the people on this forum.
I predict that some folks with moderate incomes who are fortunate enough to have secure jobs will finally be able to afford a place to live in a less desirable area of Brooklyn, if they can live without cable and QVC and lots of dinners out, kind of like us in 1986, and that it will be okay, really.
Good resolutions, cwbuecheler, except that you should be pleased that you’re renting right now. Try to save money and buy at the end of 2009. You should get a discount and I think rates will be obscenely low as spreads will probably decrease from where they are now. I’ll add another prediction: interest rates on Jumbos will break 5%.
1) NYC real estate will fall 8-12% on the Case-Schiller index.
2) The recession will hit the real economy with a much greater impact than it is now.
3) NYC will continue to outperform other urban areas.
4) Stock market will bottom in June and rebound in September.
My resolution for 2009 is to either buy with the small down-payment my wife and I have saved currently, or build that down-payment way up so that we can buy more easily in 2010.
My secondary resolution is to not talk myself into buying in a neighborhood where I won’t be happy, simply because I’m tired of paying rent.
My tertiary resolution is to stop being obscenely jealous of people who own full brownstones in Park Slope, Carol Gardens, Brooklyn Heights, and Fort Greene / Clinton Hill. I … expect to fail this resolution. 🙂
QED