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]
If these people are buying a million plus house, they are not idiots and must of done SOMETHING right in their lives”.
What kills me is no one is looking at the distortions of house valuations! Most knuckleheads are not concerned with the math but with the feeling of “Heard Mentality”.
Look at the monthly nuts of those place and in most times it’s cheaper to rent than to “own”.
2.5 million dollar house have a carrying cost 15,000 + per month and the sad this is the income only covers 50% of that, the jackass “Landdebter” must puke rest up.
BTW Now that Team Retards is cheering this nonsense on when the market crashes I don’t want to hear anybody whining, OK!
So have fun Retards your time is very very short..
The What
Someday this war is gonna end..
man, all you two wager is “Loser” ID – that’s not a lot of conviction.
Thanks Kensingtonian, I really just miss ghettoazzpnkbtch.
I will give you 10% over on your silly appraisals on the next ten houses. That one I can take to the bank.
Oh heck I’ll take your bet anyway.
Wrath you def got an F. The sample you need to look at is the actual house sales so you are looking at a sample of 2!
Bivouac, you forgot Miss Muffet: $750,000!
Sorry, HOTDs are written at least 24 hours in advance…
>i think someone got an F in quantitative statistics.<
Rob please explain this. A sample size of 406 is more than enough responses to make this claim valid.
Granted the entire process is very unscientific but I am curious as to your statistical take on this.
MR you hit the nail on the head with your comment, lol. As Adam Incognito pointed out in our conversation in Draft Barn “If these people are buying a million plus house, they are not idiots and must of done SOMETHING right in their lives”.