Bullish Words from One Brownstone Brooklyn Broker
We asked a broker we know and trust how things are going. Here was the response: It is extremely busy. Buyers are out in droves. A lot of them have their places sold already or in contract and are very motivated. Or else they are just extremely motivated based on interest rates, lame rental selection…
We asked a broker we know and trust how things are going. Here was the response:
It is extremely busy. Buyers are out in droves. A lot of them have their places sold already or in contract and are very motivated. Or else they are just extremely motivated based on interest rates, lame rental selection out there and lower prices to buy. Now we are seeing deals come together fast for a lot of listings and a fair number of places are having 6-15 people bidding on them within the first couple of weeks a property comes on the market. Location is a big selling point now. Prime in all the neighborhoods we serve moves very fast. It is interesting how things changes so suddenly after January 1. It will be interesting to see whether this will translate to more listings coming on the market when sellers start realizing things are moving briskly, or if inventory will still stay low, which could (gasp…) raise prices down the road. ‘Never enough inventory’ is a constant mantra brokers and buyers are saying for prime properties.
Interesting, no?
putnam and parkloper,
let’s be fair here,
sure Bush had huge deficits,
his last was about 480 billion.
plus the 780 billion TARP which was
already largely repaid and
which Obama took the credit for
in his statement that he saved
the banking sector.
but this is beyond all measure.
as a percentage of GDP it is
unsustainable. (that’s the CBO speaking)
Let’s stick to addressing the
problems at hand please.
Bush spent too much,
but that doesn’t mean that
Obama should take the wheel and
gun it to the redline as he’s
doing.
didn’t work in the past; USSR
hasn’t worked in the present; Japan
won’t work in the future; USA
don’t bother Putnam. Some people are blind on one side and refuse to see how deregulation of financial industry and stifling of regulators, nearly took down the world financial system. They’d rather believe that getting more people insured for health care somehow would be ruination of civilization. Yet corporate welfare will bring us salvation.
Repeat this mantra:
Don’t take the neocon revisionist bait…
Don’t take the neocon revisionist bait…
Roatan is part of Honduras.
It’s a beautiful place if you don’t mind being robbed once in a while. I never thought I’d experience a boat-side mugging from thugs in a canoe. After that I beat a hasty retreat to Belize.
Legion “as long as the CURRENT (?) administration running trillion plus deficits (2 years in a row now)?” WTF? As opposed to the oh so fiscally conservative policies of Bush? If you are against deficit spending, fine, but to ignore the previous 8 years of them is more than a little ridiculous.
Ah, I see it is part of Honduras.
“the island is Roatan, off Hondouras.”
Is it part of Honduras? I don’t see it listed as a separate country in my silverdaddies search menu.
PRE-FORECLOSURE CHANGE SINCE PEAK PLEASE!!!
Maybe they haven’t spiked like I suspected. We can’t be bullish without low preforeclosure numbers from peak. Are they low? Anybody have a propshark subscription? This is shadow inventory!
***Bid half off peak comps***
yeah,
the island is Roatan, off Hondouras.
that’s the one.