Babs Corcoran "Not Worried About Real Estate Prices"
She’s not worried at all, in fact. That’s what she told AMNY in an interview. Also, her advice: buy now. “Real estate will be more expensive once again, and everyone will look back and say, ‘Why didn’t I buy then?’ Because the truth of the matter is these are the good ol’ days everybody dreams…
She’s not worried at all, in fact. That’s what she told AMNY in an interview. Also, her advice: buy now. “Real estate will be more expensive once again, and everyone will look back and say, ‘Why didn’t I buy then?’ Because the truth of the matter is these are the good ol’ days everybody dreams about.”
25 to 50…I think we can all agree that Babs has made far more money than the What on real estate and has done so by correctly celling the market more than a few times. Facts, not emotion.
“ROTW uses the same language as the unscrupulous “block-buster” real-estate agents who operated so effectively in NYC during the “white flight” days of the 60’s. They peddled fear, and bought homes on the cheap from those who fled. He fails to understand that this is a different era. He may be trying to do the same thing, as there are runmours that he is a real estate agent. Pay no attention to him.”
The What
Someday this war is gonna end…
BTW 25 to 50 Percent Drop you almost made me spit up my coffee!
Yes PS…looks like even more work was done on that “facade.”
benson…the What is more pathetic no matter who you compare him too for whatever reason. I admit I may have missed your point though. Stills eething that my truffle was taken off of the Forum. mr. B is gonna pay.
Pure emotion @ 10:54 (daveinbedstuy).
That last picture of Babs looked like Mary Tyler Moore. Todays pic she looks like Ellen deGeneres.
“Barbs is right cuz prices will go up in the future because the government will keep printing”
No. Hyperinflation will buoy up wages faster than home prices because of residual fear from the collapse and tighter lending standards. Real prices will still fall.
Babs is a living advertisement. Walking propaganda if you will.
DIBS;
I’m asking for a reconsideration of your vote. This is not a poll about business acumen. Look at the question again: “Who is more pathetic in their attempt to say anything in order to stay in the spotlight in the post-bubble-collapse era”?
What is so absurd about Babs saying prices are so low now, it’s a great time to buy, etc. is that prices are NOT low – they are still shockingly high! Just look at a lot of the recent HOTDs – like that crazy house on 1st St in PS asking over 2mil (“charitably” reduced from 2.3). There are LOADS of overpriced properties on the market now that are just sitting, sitting, sitting, and only a few sellers are actually letting the new reality start to sink in. But really, the price cuts have barely begun. Once they have, THEN it will be a good time to buy – not before. Things need to come down a minimum of 25% more – even 50% – to make sense to buy…
Didn’t babs buy in Red Hook thinking it was going to be the next new hot area for gentrification but didn’t realize there was no subway supply there?