House of the Day: 178 8th Avenue
This house at 178 8th Avenue in Park Slope is beautiful. It’s configured nicely. It’s been updated. It’s in a prime location. Great stuff. The price of $2,995,000, however, seems hopelessly out of touch. Maybe the stock market rally of the past few weeks emboldened the sellers to put a higher price tag on it…
This house at 178 8th Avenue in Park Slope is beautiful. It’s configured nicely. It’s been updated. It’s in a prime location. Great stuff. The price of $2,995,000, however, seems hopelessly out of touch. Maybe the stock market rally of the past few weeks emboldened the sellers to put a higher price tag on it than they would have at the beginning of the year but we just don’t think a house in Park Slope is going to fetch $3 million these days unless less it’s a unique mansion. And, as nice as this place is, it’s a relatively common brownstone. There’s an open house on Sunday from 1 to 3 if you want to check it out.
178 8th Avenue [Brown Harris Stevens] GMAP P*Shark
The only good use of the widget would be to associate estimates with user id’s. Then we could see who’s best at predicting where the market is. Just make it opt-in.
What….I heard there’s a huge wave of people moving from Brooklyn to California. They’re also buying pans to prospect for gold.
For the most part I do ignore it. I was just wondering what people are getting out of this appraisal that they have to whine about a couple high votes. Invariably there are 2 or 3 way high votes, a bunch that vote the minimum and a bunch of other votes under asking and the end result is an “appraisal” that is always 20% below asking.
And now we want to force everyone to vote at or under asking price. So basically we want to know everyone’s own appraisal… as long as it’s within 20% of what everyone else thinks.
I just voted the maximum and it changed the number by a whopping $30,000. So take away the 3 high votes today and the price goes down by 3%. What’s the big deal?
I guess if you think the widget is not useful you could ignore it.
Hiya Retards! I forgot to post this…
Home Prices in U.S. Drop Most on Record in Quarter (Update3)
http://www.bloomberg.com/apps/news?pid=20601087&sid=a7ins33ty1tw&refer=home
May 12 (Bloomberg) — Home prices in the U.S. dropped the most on record in the first quarter from a year earlier, led by California and Florida, as banks sold foreclosed properties.
I know what your saying– That’s California and Florida but, the shockwave is on it’s way!
Distressed sales increased transactions in 17 states from the fourth quarter as speculators and first-time buyers purchased bank-owned properties. Such homes typically sold for 20 percent less than others, the NAR said today. The inventory of previously owned homes on the market dropped to 3.7 million in March from 3.8 million a month earlier, according to NAR data. The number of new homes for sale fell to 311,000, the lowest since January 2002, according to the Commerce Department.
Don’t worry this will have a effect on “Brownstone Brooklyn” very soon.
The What
Someday this war is gonna end…
What exactly is the point of the price widget if everyone is forced to vote between the asking price to 40% below asking? I don’t even know what the point of the widget is to begin with. It’s rare that ANY property will sell for asking price these days, if they sell at all. Everyone knows that already. What is this thing adding to the discussion?
The house is lovely, and I wish them luck with this price, though I think it is unlikely they will even approach it in this market. Perhaps they are in no hurry.
The three detractors for me are the lack of master suite, no bathroom on the garden floor, and the Avenue location. I prefer the relative calm of the street blocks.
All speculation for me though. We stopped actively looking last fall as did, apparently, all but the hardiest, bravest or patient of souls.
the second floor has three nice-sized bedrooms and only one bath. That is not enough. sorry.
i will say it again…this agency over prices everything they market. they do it in Manhattan and on the swanky stuff in brooklyn. total dis-service to the owner. i can see the pitch now “we can get you this absalutely just give us the exclusive” then a few months later “sorry market dropped take this low ball so we can get our commision.” they also embellish sq footage and discriptions as this one shows with the garden rental.