712 Degraw Sells for $1,150,000
sold Six months and one price cut after it hit the market, the three-story house at 712 Degraw Street in the Lower Slope closed for $1,150,000. The listing said that the interior was in “great shape” and had “lots of detail,” in which case it sounds like a decent deal. Most interesting of all, the…
sold
Six months and one price cut after it hit the market, the three-story house at 712 Degraw Street in the Lower Slope closed for $1,150,000. The listing said that the interior was in “great shape” and had “lots of detail,” in which case it sounds like a decent deal. Most interesting of all, the deal was struck “post-Lehman,” on November 6, 2008 to be exact.
House of the Day: 712 Degraw Street [Brownstoner] GMAP P*Shark
712 Degraw Street Listing [Leslie J. Garfield]
Miss Muffet;
Your comment about condos is not correct. The person who bought this Degraw St. house purchased his condo at around $650K (pre-construction) in 2004. He sold it for $1.03M last month. The price he got for his place is just slightly below the peak price we have seen in my complex, which was $1.05M in late 2007.
You may well eventually prove right in this contest – time will only tell. However, for the present, please stick to the facts.
Benson
(Assistant captain – Team Bull)
I already couldn’t stand Miss Muffet, and now that she’s agreeing with Cornerbodega, I feel that my feelings are now justified.
Hear, hear, cornerbodega. The powers of denial are staggering.
“Nearly two of every three U.S. households said their house price fell in 2008, double the number who said that a year earlier and up five times from 2006, and they expect prices to fall faster this year, according a Reuters/University of Michigan survey on Friday.”
Yup, and the VAST majority of these are in California, Florida, Arizona and Nevada. To use your cut and pasted snippets about the National Housing Market and apply it to Brownstone Brooklyn (btw, only 5% of the housing in Brooklyn is Brownstones) shows once and for all how completely out of touch you are.
as I’ve said, nothing but a brick to the head for the last vestiges of the delusional cheerleaders. Until then reality will just be an illusion to these chosen few. Any person with half a brain knows whats going on in nyc…
ps just curious dibs, whens the last time you stepped foot in Manhattan?
7% unemployment means that 93% are still employed.
I’m not excited about this one shill just reacting to all the naysayers from the original HOTD post. The fact that it sold 17% from original ask is no death knell for the market. For one thing, every seller overprices their house to begin with by at leat 10% above what they expect and usually more like 20% to leave room for negotiation. The fact that this sold so quickly just point to a seller that was not unrealistic, not overly optimistic or not just plain stupid.
Mr. Joist – and the pool of people will “lots of cash” is shrinking too.
Look people (Team Bear) just chill and relax. This is what you want! Let the Dumbasses go out there and become Debt Slaves it’s OK! 2009 is a very different year and just get some popcorn and sit back and watch…
Homeowners See No End to Falling Home Values
http://www.cnbc.com/id/28812462
Nearly two of every three U.S. households said their house price fell in 2008, double the number who said that a year earlier and up five times from 2006, and they expect prices to fall faster this year, according a Reuters/University of Michigan survey on Friday.
I remember a year ago I said the the major banks was insolvent (Go pull them up) and the Asshats said that “I was lying and spreading rumors” and you know what happen after Bear Sterns, Lehman Bros, Fannie Mae, Freddie Mac, Citibank, Merrill Lynch and AIG. So just chill baby.. Obama will save us..
With all the bad news around us and the Asshats still insist “Everything is fine”. Let them make bad financial decisions this will be better for you in the long run, it’s like Darwinism.
Oh BTW The U.K. Banking system is insolvent!
Buh Bye Asshats, nice knowing ya..
The What
Someday this war is gonna end..
“shill…houses are selling every day, literally.”
Then why so excited about his one,dibs? If bstones are selling in the 1 million and up category on a daily basis I would think the market would be in a very different place than it currently is. And we wouldn’t be having this discussion.