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]
12:30, I couldn’t agree more!
Those people are as smart as a fuckin’ infected ass pimple on a 300-pound sanitation worker.
12:35= the What
Holy crap!!!!! Nothing is selling!!!! Ahhhhhhhh!!!!!
Lincoln Place townhouse sold for 250K over asking just a couple weeks ago.
Isn’t 3 million over 1.25?
3rd Street townhouse sold for 3.6 million a couple weeks ago.
Still not over 1.25???
Take the 12:30 PM example.
Lets say there is a 15% drop in prices in this area.
12:30 PM
Still got a tax break on intersest paid.
Still got great credit.
Still made money on the 625k.
All in two years!
“12.23 – that depends on the inflation rate”
It certainaly does…. home prices were inflated at a fast rate and now these prices are leveling back to normal.
says who, 12:35?
you??
an anonymous poster on a blog?
ok. i trust you.
It is? I just sold a property for over $1.25MM. Perhaps you are mistaken?
The market for properties $1.25+ million is DEAD.