Open House Picks
Clinton Hill 86 Cambridge Place Archive! Corcoran Sunday 1:30-2:30 $2,590,000 GMAP P*Shark Windsor Terrace 272 Windsor Place Warren Lewis Sunday 2:30-4:30 $1,595,000 GMAP P*Shark Prospect Lefferts Gardens 30 Midwood Street Brown Harris Stevens Sunday 2:30-4:30 $1,475,000 GMAP P*Shark Prospect Lefferts Gardens 401 Parkside Avenue Corcoran Sunday 12-1:30 $1,250,000 GMAP P*Shark
Clinton Hill
86 Cambridge Place Archive!
Corcoran
Sunday 1:30-2:30
$2,590,000
GMAP P*Shark
Windsor Terrace
272 Windsor Place
Warren Lewis
Sunday 2:30-4:30
$1,595,000
GMAP P*Shark
Prospect Lefferts Gardens
30 Midwood Street
Brown Harris Stevens
Sunday 2:30-4:30
$1,475,000
GMAP P*Shark
Prospect Lefferts Gardens
401 Parkside Avenue
Corcoran
Sunday 12-1:30
$1,250,000
GMAP P*Shark
dunno, someone in my building is selling their coop and i came downstairs to a steady stream of people. went to a townhouse OH and it was similarly steady. wouldn’t call it dead by any stretch.
whats a nikkei?
Hey Fucktards the NIKKEI down 442 (-3.25%). We are in crash mode. I think very soon the gates of hell are going to open. Open houses are fucking empty.
The What
Someday this war is gonna end..
2:54 = bitter renter who spent the day crying in bed after taking a vicodin.
it’s ok dude. open houses in bensonhurst don’t count.
good try though.
keep posting on all the threads though. really doesn’t make you sound crazy or desperate to be able afford something.
Open houses today are DEAD!!! At two I went to, selling brokers actually said, unsolicited, that the prices were negotiable.
It appears after a busy January that the Brooklyn market is beginning to feel some pain – open houses have slowed down considerably and there is a major glut of condos just starting. Hold your breath, folks, it’s gonna be a tough run.
3:42 – As someone who both owns a big apt and is considering trading up now to a small house, I have, I hope, a somewhat neutral perspective in the “state of the market” wars. I agree that the housing run-ups of the last 5 years (from which I benefited) are unsustainable and at best, will level off. That would be an argument for taking your time if you don’t find the right property to buy – that is, you don’t have to feel rushed since prices are not going to rise fast in the next 5 years. But, on the flip side, if you DO find the perfect property for your needs, why NOT buy now? If prices are not going to plummet (and I think most of the predictions are that prices may decline in fringe areas, but less so in prime ones), it’s not like the properties will get that much cheaper, and where else would you put your money in the meantime? Stocks are volatile and bond/savings returns are shrinking. Also presumably, you’d want your money fairly liquid in case the right thing comes along. Really, I’m curious where you will get the better return on your investment than the money you will save by building equity and not paying rent. I’m not disagreeing with you necessarily, just trying to better understand your logic.
Many of the city’s top land use attorneys rent. They have country places for the weekends, but they rent in the city. These are very wealthy people.
Buying right now in brownstone brooklyn is an option only for the most affluent. For the rest of us renting is the only option because the price of real estate right now is grossly inflated when compared to what 98% of the population earns. Sure, if you own six brownstones already you can buy and sell to your heart’s delight. But how many people are in that category? I have said this before and I believe it: Brooklyn is nice but it’s not that nice. Brownstones are nice, but you better buy it cheap because they are money pits. For the current prices I would expect an immaculate luxury villa with gardens and a three car gararge. These cramped, thoroughly bourgeoise houses are just not worth this much money. They are cookie-cutter stair masters built for ordinary families. I love these old piles more than 99% of the population but I would never pay these ridiculous prices.
Did I say that?
Actually, let’s listen to what the richest (or maybe second-richest) man in the U.S. actually has to say about the current housing market:
“Just about all Americans came to believe that house prices would forever rise. That conviction made a borrower’s income and cash equity seem unimportant to lenders, confident that house price appreciation would cure all problems. Today, our country is experiencing widespread pain because of that erroneous belief.”
Oh, but I forgot — Brooklyn is different. No need to worry, then.