Open House Picks: Six Months Later 7/27/07
Comment: Decent pricing=sales all around for this batch. How ’bout that markup on the Cobble Hill house? Open House Picks 7/27/07 [Brownstoner]
Comment: Decent pricing=sales all around for this batch. How ’bout that markup on the Cobble Hill house?
Open House Picks 7/27/07 [Brownstoner]
By the way, notice the closing date on Warren Place – only a month after the open house. Sure sign of an all-cash deal.
The open house picks are a sampling of 4 homes in a borough of 2.4 million people.
How can that be a good statistic for a sampling of the market, 1:59?
proof please, 1:59….
Brooklyn Real Estate appreciated at 8% in 2007 overall.
So I don’t agree with you at all.
The bad year/s will be 2008 and beyond.
“Without a larger sampling, I’d say it’s practically useless info.”
I disagree. OH Picks are random samples and very representative as brownstoner has no idea how they’ll fare in the future when he selects them. So when he follows up on them with sales data, it’s a very fair and representative cross section of the market. And right now it’s not looking too good when compared to the good times of 2005-06.
I heard Smurfette was outbid by Gary Coleman for the Mews house.
Yes, I agree…the Mews homes are quite unique.
I’d rather have a small home like that for 1.2 million than some of the Manhattan 1 bedrooms I see for that exact same amount.
Give me a double espresso and a jelly donut.
The mews houses are rarely on the market and there are very few of them. That’s why it sold, and that’s why it sold over asking. They’re unique.
By definition, 1:40…it is NOT overpriced if not one, but TWO parties (at least) were interested and bought the home.
For well over the asking price, mind you.
You need to learn the definition of the word overpriced.