Open House Picks 6 Months Later: 9/7/2007
Well, this almost seems like a zero-for-four batch, though 750 E. 21st allegedly has a firm offer (not in contract yet). The Cobble Hill house was originally listed at $2.9 mil; we caught it six months ago when the price had been chopped to $2.65. It’s now been fully rented out and is still for…
Well, this almost seems like a zero-for-four batch, though 750 E. 21st allegedly has a firm offer (not in contract yet). The Cobble Hill house was originally listed at $2.9 mil; we caught it six months ago when the price had been chopped to $2.65. It’s now been fully rented out and is still for sale at a slightly higher ask. 119 Bainbridge switched brokerages and was the subject of much chatter when it was House of the Day a few months ago. Brooklyn Properties now has it on their site at $1 mil.
Open House Picks 9/7/07 [Brownstoner]
That is exactly what I have been thinking.
“As long as the dollar is depressed, NY real estate will be fine. When the dollar starts strengthening – we’re gonna have real problems in our real estate market – then the fun begins!”
119 Bainbridge is in foreclosure. The house was bought for 805k 1.5 years ago and they stopped paying the mortgage last July. The owners have this place listed at different prices with any brokerage that will take the listing in hopes of bringing in more buyers. They are hoping to leave with a little bit of money in their pockets, hence the ridiculous asking price. I heard that they will accept an offer much less than the asking price provided you hit them off at the closing table – which is illegal. Total crackpots.
I went to an OH and there were 148 sign-ins, but nobody else there while we were there for 15 minutes! Do you think maybe the broker signed in some fake names?
Idiots.
You know, it’s quite normal for brokers to sign-in fake names to create the illusion of high traffic. Happens all the time–part of business.
uh huh.
Went to a few open houses today…two in Park Slope and one in Ft. Greene.
We were shocked at how busy they were. Two of them had over 30 people on the sign in sheets.
Is this normal for winter? Thought it would have been slower.
OHs we saw were pretty slow. noticeably lighter than january and first week of feb. don’t know what’s happening in the market, or if it’s temporary. maybe fact that mortgage rates are higher?
2:52 = bitter renter who never got out of bed today, much less to an open house.
Open houses today were DEAD!!!
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.