Open House Picks
Park Slope 338 4th Street Brooklyn Properties Sunday 11-12:30 Brown Harris Stevens Sunday 1-3 $2,195,000 GMAP P*Shark Fort Greene 14 Fort Greene Place Corcoran Sunday 11:30-12:30 $1,469,000 GMAP P*Shark Prospect Lefferts Gardens 133 Maple Street Century 21 Sunday 12:30-2:30 $1,295,000 GMAP P*Shark Prospect Heights 498 Bergen Street Corcoran Sunday 12-3 $950,000 GMAP P*Shark Two words,…
Park Slope
338 4th Street
Brooklyn Properties Sunday 11-12:30
Brown Harris Stevens Sunday 1-3
$2,195,000
GMAP P*Shark
Fort Greene
14 Fort Greene Place
Corcoran
Sunday 11:30-12:30
$1,469,000
GMAP P*Shark
Prospect Lefferts Gardens
133 Maple Street
Century 21
Sunday 12:30-2:30
$1,295,000
GMAP P*Shark
Prospect Heights
498 Bergen Street
Corcoran
Sunday 12-3
$950,000
GMAP P*Shark
Two words, people: Slim pickings!
Er, that’s:
http://corcoran.com/property/listing.aspx?Region=NYC&
ListingID=1129470&ohDat=12/10/2007%2012:00:00%20AM;
The PS house is listed as a rental for Feb with Corcoran. See here: http://corcoran.com/property/listing.aspx?Region=NYC&ListingID=1129470&ohDat=12/10/2007%2012:00:00%20AM;
Seems weird to me, but then I think that the rental agents on this one are incredibly untruthful (personal experience).
Not true, 12:33. Go through enough of the archived HOTDs and Open House Picks and you’ll see many sell for less than asking, others for over asking, and yet others are just taken off the market. This blog is about real estate. If you don’t want to talk about the market, property characteristics, comps, and price, don’t read it.
11:20 – The crucial issue is price – or in other words, it’s about the price, stupid. So of course, properties will sell – IF PRICED PROPERLY. I think 10:17 is the real one speaking reasonably. It’s not that everyone on this site is a “sicko” talking about how things won’t sell at all – often the discussion is about WHY something is not priced properly – either because it’s too small, in a poor location, in bad condition, etc. I don’t see why that makes people “sickos”. The real estate market is just that, a market and like other markets, it is subject sometimes to irrational exuberance and corrections. We are now headed for a period of correction. That does not mean the sun stops rising and falling, that people stop buying/selling homes, or that folks aren’t doing their research. On the contrary, I think a good number of people on this list (myself among them) are precisely the ones doing the research (I know comps like the back of my hand at this point) and are offering commentary based upon this research. Sure, there are some bad apples on this list, but don’t dismiss all of us by saying we are doing a disservice to the properties by pointing out real flaws. It’s not that we don’t want to buy – we do, at the *right price* and unfortunately, sellers right now tend to be unrealistic – hence the price cuts that we are seeing. Why are you being so defensive?
LOL!!! 11:20, you just distilled the very essence of this site. Hilarious.
Well said, 11:20!!!
“I have a sneaking suspicion that the cited comments above are from a area broker who makes a habit of making unfounded and probably untrue allegations regarding listings that compete with his/her own.”
No offense, but by airing your “sneaking suspicions” here without any substantiating evidence, aren’t you committing essentially the same offense as the person who’s the object of your suspicions? By generating rumors that are either pro or con this property, you’re doing a real disservice to potential buyers who read this blog.
Broker here. I see lots of deals being made for asking price or above if the property is priced right. The issue is the same old chestnut, there’s not enough good inventory. That’s been true in brownstone Brooklyn for over 20 years for desireable properties. Many people may be sitting on the sidelines, but the fact that there’s so little on the market isn’t hurting sellers as long as they are realistic about pricing. I am turning down unrealistic sellers right and left. If they aren’t serious I don’t want to waste my time. Perhaps other brokers will try to smoke them out. Not me. There’s real deals being made for the sensible on both sides.
“there is so much uncertainty now. people are going nuts. fasten your seat belt, this ride is just beginning!”
Funny, that is exactly what a friendly broker (from a big name firm) told me today, after a few shots of whiskey sour.