Market Predictions for 2006: Neighborhood Picks
In what is now becoming an annual tradition, we invite you to share your thoughts and predictions for the Brooklyn housing market in 2006. Like last year, we’re particularly curious to hear your neighborhood “longs” and “shorts”. On a risk-adjusted basis, we’re most bullish on Prospect Heights and Carroll Gardens and, relatively speaking, would bet…
In what is now becoming an annual tradition, we invite you to share your thoughts and predictions for the Brooklyn housing market in 2006. Like last year, we’re particularly curious to hear your neighborhood “longs” and “shorts”. On a risk-adjusted basis, we’re most bullish on Prospect Heights and Carroll Gardens and, relatively speaking, would bet against Williamsburg. Overall, though, we don’t think 2006 will look at all like 2005, which was marked by huge surges in prices in some rapidly gentrifying neighborhoods. From where we sit, 2006 is looking like a year for the market to take a breath and digest all the rapid-fire changes that have occurred in recent years. Barring a big move upward in rates, we think prices will more-or-less move sideways. In our own little corner of Brooklyn, the big test will be whether the upscaling of Fulton Street can extend beyond Fort Greene. Man, could we use a gourmet market in Clinton Hill! Anyway, that’s how we see it. But what do we know. We’d rather hear from you.
Happy New Year.
Brownstoner
The earlier post about Park Slope and materialism wasn’t saying that people shouldn’t be materialistic at all, but simply that materialism shouldn’t be pushed to extremes. I know I want my life to be about more than what I “own”. Park Slope has practically been reduced to a mere caricature. If you want to live there….hey, you can have it.
Re Anon at 1:46’s remarks about PS11:
Yes, PS11 and PS20 in Ft. Greene are both on the way up. If my daughter (now in 4th grade at a public school in Chinatown) were starting school now, I would definitely look at both.
I think that most Park Slope parents would be scared away by the fact that a large majority of the kids in all FG/CH schools are black.
Someone posted that any student can apply to any middle school in the city. NOT TRUE! District 15 (Park Slope, Cobble Hill, Carroll Gardens, Sunset Park) which has several very good middle schools restricts them to Dist. 15 residents or kids from other districts that went to Dist. 15 elementary schools. Likewise District 2 where my daughter goes to school.
Long: Brownsville, Sheepshead Bay, Bay Ridge
Short: Fort Green, Ditmas Park, Montclaire
Let’s all make a New Year’s resolution to be nicer to everyone, especially those that live in different neighborhoods. 🙂
Everyone is materialistic. Otherwise we would all live in the projects.
I’m assuming all of you people who decry the materialism of Park Slope and live in other neighborhoods are not materialistic enough to spend $25K a year sending your kids to private schools.
Hateration
Here here. Park Slope blows.
Why all this East side / West side of Flatbush Ave?
Lets all just krump.