Bearish Brownstoners Miss Mark on 2nd Street Sale
So far we have precious few data points on the predictive powers of the pricing widget. For a while, the only HOTD or COTD to sell was 316 Cumberland Street, which sold for $2,250,000 in June, a shade less than the asking price of $2,295,000 but almost $360,000 more than widget voters predicted. And now…
So far we have precious few data points on the predictive powers of the pricing widget. For a while, the only HOTD or COTD to sell was 316 Cumberland Street, which sold for $2,250,000 in June, a shade less than the asking price of $2,295,000 but almost $360,000 more than widget voters predicted. And now our second data point shows an equally bearish disposition: 93 2nd Street, which generated a predicted selling price of $914,379, just closed for $1,086,312; in our defense, we said at the time that “We could see it getting pretty close to” the asking price of $1,125,000. Interesting, eh?
House of the Day: 93 2nd Street [Brownstoner]
I agree that I am a ghetto ass punk biatch, but I am not ghettoazzpnkbtch.
I think you are one too, What.
wisdom of crowds = oxymoron
ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy ghettoazzpnkbtch= daveinbedstuy
The What
Someday this war is gonna end..
What, I don’t have anywhere near $1.1MM invested in my ghetto property. I THOUGHT YOU WERE A BROKER AND KNEW EVERYTHING ABOUT BED STUY????
You apparently don’t know diddly about Bed Stuy prices.
You have again PWNED yourself.
I hope no one notices that I have stopped my countdown clock on the end of the world. This will allow me to move the goal posts when I am wrong again about the end of the world.
Posted by: ghettoazzpnkbtch at July 23, 2009 11:46 AM
Are you saying that the October 08 End Of The World Party was premature???? I don’t get it, the What is always right about everything. I lust after him.
Not sure if this has been mentioned already or not, but anyone who was expecting the widget to accurately reflect the final sales prices was not really thinking this through. It is a completely one sided metric. The whole wisdom of crowds thing requires people to miss on both sides. In todays market nobody is guessing that things are going to go for over the asking price so you have a fundemental problem in that every incorrect guess is going to pull the widget down more than a correct guess pulls it up.
If there was a house asking $4 million that was going to really go for $2, then you might have soemthing, but for anything that is asking within 20% of reality, the widget will never be close really.
“It’s really sad that you remain so dense because otherwise you could be making a lot of money here and you could buy that Clinton Hill house that you otherwise will never be able to afford because the Asshats moved in and drove the prices up.”
Ok Dave I’ll bite. Remember a few they had 107% financing (Including closing cost), one day out of Bankruptcy, 500 Fico scores and fog a mirror Mortgages?! Well Assdip those sweet days a long gone!
Today you need Cash, Credit and Income to become a Home Slave! If you was paying ATTENTION to the Fannie and Freddie new appraisal guidelines then you know it’s just about over!
I ask you Dave to put your own Brownstone on the market and let’s see if you clear 1.1 million after transaction fee’s and taxes.
If you live in 11216 or 11238 you are F*******ED! Noticed this weekend all the gunplay around the “Hood” the good ole days of the ’80s is making a roaring comeback!
Heroin use among the Retards is Skyrocketing (Williamsburg Punks anyone?)!
See me in November around the start of the 09-10 season and let’s see of you “Feeling good” about you “Investment” Dave
The What (Tick.. Tick.. Tick..)
Someday this war is gonna end..
I say this house is worthless. That someone bought it makes them an idiot.
I inherited my house from my mommy so I have no idea how to actually buy one using my own money.
I worked in real estate once. Awaye Realty. Have you heard of them? I am an expert on real estate even though I no longer have access to MLS.
I see that the DOW is down $.01. See, the world is coming to an end.
I hope no one notices that I have stopped my countdown clock on the end of the world. This will allow me to move the goal posts when I am wrong again about the end of the world.
(I’m still here MR)
What Krislaz said at 9:48.