Open House Picks
Carroll Gardens 391 Union Street Halstead Sunday 1-3 $2,200,000 GMAP P*Shark Prospect Lefferts Gardens 66 Midwood Street Corcoran Sunday 12-1:30 $1,400,000 GMAP P*Shark Windsor Terrace 619 Greenwood Avenue Warren Lewis Sunday 12-2 $985,000 GMAP P*Shark Bedford Stuyvesant 305 Stuyvesant Avenue Corcoran Sunday 2-3 $695,000 GMAP P*Shark
Carroll Gardens
391 Union Street
Halstead
Sunday 1-3
$2,200,000
GMAP P*Shark
Prospect Lefferts Gardens
66 Midwood Street
Corcoran
Sunday 12-1:30
$1,400,000
GMAP P*Shark
Windsor Terrace
619 Greenwood Avenue
Warren Lewis
Sunday 12-2
$985,000
GMAP P*Shark
Bedford Stuyvesant
305 Stuyvesant Avenue
Corcoran
Sunday 2-3
$695,000
GMAP P*Shark
And since my home value has gone up 200% in the last few years, I really won’t mind a 15% drop.
If it gets too bad, I’ll just RENT IT OUT!!!
Bad news OVER!
If someone disdains to buy in a “fringe” area, if that’s the price range they are looking at, then they’ll end up in the suburbs. There’s really no other place to go, for under a million.
5:10, Moon Struck was set in both Carroll Gardens and Brooklyn Heights you twit. The Nicholas Cage character lives in Carroll Gardens and the bakery where he works is also located in Carroll Gardens.
I love wallpaper when it’s used just on one wall, which is something that’s trendy and fun now, or in a powder room or small bedroom. Wallpaper everywhere in a large room is too overwhelming.
We live in the Manor, and about the one-family-only thing, we definitely believe it contributes to the tightknit community. We like it.
4:40 the last sentence of that Yahoo article says…
“A study by one former and two current Federal Reserve economists suggests that home prices will have to fall by 15% over the next five years while rents increase by 4% a year to return that rent/price ratio to normal.”
If this is true, then rents will be up by 20% in five years.
Not too bad short or long term prospects for the rental market.
The Bed Stuy house is underpriced by about 55k.
“If, as you write, “buyers are no longer willing to move into marginal areas in the hopes of turning a profit,” that might not be such a bad thing. OTOH, moving into such areas to actually LIVE is another matter entirely.”
I’m looking to buy a home to live in, but any house these days is an investment. I am pluncking down a huge portion of my savings and then a hunk of my annual salary. That makes it an investment. So the primary goal is to buy a good home for the family, but it also needs to be a sound investment. And these days “fringe” areas are not a sound investment.
hey 5:07…
Moonstruck was set in Brooklyn Heights.
NOT Carroll Gardens.
Sorry to burst your bubble.
I don’t see how the Rutland house is more renovated than this Midwood house, as a couple people claimed above, when this Midwood house does have a bathroom on every floor. One big drawback many people mentioned about the Rutland house was they had NOT added bathrooms to each of the upper floors yet. It’s tough to have to go to another floor in the middle of the night to use the bathroom.
In smaller houses, parlor floor bathrooms are impossible without ending up with a dinky kitchen. But in the big houses people do expect bathrooms on the parlor floor and certainly on floors where there are bedrooms. Even if the bathrooms need renovating, the fact this house did already integrate bathrooms into the layout helps save money. You’re not going to be adding plumbing where there was none before.