Last Week's Biggest Sales
1. MANHATTAN BEACH $3,250,000 290 Amherst Street GMAP (left) 5,058-sf, single-family house on an 11,440-sf lot, according to Property Shark. Entered into contract on 10/21/08; closed on 1/15/09; deed recorded on 1/30/09. 2. PARK SLOPE $2,400,000 383 3rd Street GMAP (right) Back in late May, when this 22-foot-wide, 3,200-sf, four-family brownstone was a House of…
1. MANHATTAN BEACH $3,250,000
290 Amherst Street GMAP (left)
5,058-sf, single-family house on an 11,440-sf lot, according to Property Shark. Entered into contract on 10/21/08; closed on 1/15/09; deed recorded on 1/30/09.
2. PARK SLOPE $2,400,000
383 3rd Street GMAP (right)
Back in late May, when this 22-foot-wide, 3,200-sf, four-family brownstone was a House of the Day, its sellers were looking for $2,695,000. The final asking was $2,499,990, according to StreetEasy. Entered into contract on 8/8/08; closed on 1/15/09; deed recorded on 1/26/09.
3. CARROLL GARDENS $2,225,000
192 President Street GMAP
A House of the Day last June, when it was asking $1,928,000. The listing for the 3,507-sf, four-family claimed it was “priced to sell,” and it seems it was. Entered into contract on 9/18/08; closed on 1/14/09; deed recorded on 1/28/09.
4. PROSPECT HEIGHTS $2,175,000
On Prospect Park/1 Grand Army Plaza, Unit 2J GMAP
2-bed, 2-bath, 2,000-sf unit in the Richard Meier-designed condo, according to StreetEasy. Entered into contract on 2/21/07; closed on 1/9/09; deed recorded on 1/27/09.
5. BROOKLYN HEIGHTS $1,732,328
One Brooklyn Bridge Park, Unit 1132 GMAP
Sale included a parking spot. Entered into contract on 8/13/07; closed on 1/19/09; deed recorded on 1/28/09.
Photos from Property Shark.
As far as the sale in Manhattan Beach goes that house is right on the water and the people who bought it live around the corner. It is one of the nicest blocks on MB that property is worth it.
Hey What…you conveniently missed this one…
Feb. 3 (Bloomberg) — More Americans signed contracts to buy
previously owned homes in December for the first time in four months, signaling slumping prices may be boosting demand.
The index of pending home resales climbed 6.3 percent to 87.7, the first increase since August, from a revised 82.5 in November, the National Association of Realtors said in a report today in Washington.
I thought you might post that The What. Too bad you don’t realize that these articles are mostly referring to a few ravaged areas like Phoenix, Las Vegas, Los Angeles and South Florida. You are too stupid to realize that, I’m sure.
NEW YORK TIMES
Rise in Pending Home Sales Reported
February 3, 2009
Enticed by tumbling housing prices, more Americans signed contracts to buy homes in December despite widespread concerns about the economy, an industry group reported on Tuesday.
The National Association of Realtors said that pending home sales rose 6.3 percent in December from a month earlier, with the South and Midwest showing strong gains. The number of pending home sales — those in which a buyer has signed a contract but not closed — were up 2.1 percent from December 2007.
“The monthly gain in pending home sales, spurred by buyers responding to lower home prices and mortgage interest rates, more than offset an index decline in the previous month,†Lawrence Yun, chief economist of the Realtors’ group, said in a statement. “The biggest gains were in areas with the biggest improvements in affordability.â€
It was pretty scary, InsertSnappyName. Great story though, no?
Luckily, my attorney was terrific and within a few days researched enough to let me know that my ENTIRE LIFE SAVINGS wasn’t gone and that as far as I was concerned, things would still move ahead. Those couple days in between (away from home and on a high stress business trip) were not fun though.
Now if I were the seller and had to wait for that downpayment money for 6 months, it would have been devastating. Luckily she had already bought her new place and didn’t need that money right away.
“Where’s the What with his day old Macy’s layoff cut and paste.”
Naw Retard I have something better! You see folks there is tons of Shadow Inventory out there and when the fire goes off, it’s going to be Code Red!
Record 19 Million U.S. Homes Stood Vacant in 2008 (Update1)
http://www.bloomberg.com/apps/news?pid=20601087&sid=ap.iU9iqfn20&refer=home
The worst U.S. housing slump since the Great Depression is deepening as foreclosures drain value from neighboring homes and make it more likely owners will walk away from properties worth less than their mortgages. About a third of owners whose home values drop 20 percent or more below their loan principal will “hand the keys back to the bank,†said Norm Miller, director of real estate programs for the School of Business Administration at the University of San Diego.
“When you’re underwater and prices continue to fall, you tend to walk,†Miller said in an interview. “It’s a downward spiral that’s tough to stop because it feeds on itself. Foreclosures encourage other foreclosures and falling prices discourage buying.â€
Oh when those retails come online, what you you think is going to happen???
Buh Bye Retards…
The What (Obama will save us)
Someday this war is gonna end…
Oh and this was all FSBO so I had no broker holding my hand through any of it. I was just learning as I went!!
I feel quite qualified to sell my place FSBO when/if the time comes because I learned so much.
11217, if HGTV ever creates a show of First Time Buyer Horror Stories, you simply MUST contact them! I would have sh*t enough bricks to build a house!
That really happened.
It was insane. Apparently the attorney (who the seller had worked with on 2 previous real estate transactions and LOVED) got mixed up in some gambling, stole mine and 20 other people’s downpayment and then killed himself in his driveway on long island. He had a wife and 3 kids.
Luckily for me, my downpayment had gone into escrow so it ended up being the seller that had to wait 6 months to recover the money from some sort of state fund set up for these kind of circumstances.
Needless to say, I feel lucky and makes my first home purchase all the more special because it was a labor of love to get there.
Sounds like a movie of the week, NO??!
I remember getting the news…I was on a business trip in Los Angeles and almost DIED!
Have we lost all members of Team Bear today???