Open House Picks
Carroll Gardens 72 2nd Place Corcoran Sunday 3-4:30 $2,350,000 GMAP P*Shark Park Slope 466 13th Street Douglas Elliman Sunday 1-2 $2,050,000 GMAP P*Shark Gowanus 389 Sackett Street Neuhaus Realty Sat 1-4, Sun 12:30-4 $1,900,000 GMAP P*Shark Prospect Lefferts Gardens 218 Midwood Street Brown Harris Stevens Sunday 2-3:30 $1,375,000 GMAP P*Shark

Carroll Gardens
72 2nd Place
Corcoran
Sunday 3-4:30
$2,350,000
GMAP P*Shark
Park Slope
466 13th Street
Douglas Elliman
Sunday 1-2
$2,050,000
GMAP P*Shark
Gowanus
389 Sackett Street
Neuhaus Realty
Sat 1-4, Sun 12:30-4
$1,900,000
GMAP P*Shark
Prospect Lefferts Gardens
218 Midwood Street
Brown Harris Stevens
Sunday 2-3:30
$1,375,000
GMAP P*Shark
so what’s up?
It’s almost May and I have yet to see
the dreaded “crash”, the “inevitable meltdown”
I have yet to see masses of displaced homeowners walking the streets after foreclosure.
Notice how the doomsday prophets of real
estate always say the end is near, the crash is coming next month, or next week or
whatever.
So what’s the story?
I guess posting from momma’s basement
does not impart you with the wisdom to see the future. Then again, if you could tell the future, you wouldn’t be posting from momma’s basement.
I just wonder how many folks here actually bought into your ranting.
By the way, there is no recession as yet, it takes two or more straight quarters of negative GDP. Let’s wait and see, shall we?
Someday, people will stop posting stupidity.
8:39
I’m going to show up at the open house and spit on something of yours when the broker’s not looking.
I suggest buying a new toothbrush now.
Prices will fall 25 to 50%?? You really are living on fantasy island! You must still be a renter.
I agree with sam and dandel. Brooklyn prices will slowly fall -25 to -50 percent from the peak (2007?).
“Now is a perfect time to buy…if the economy recovers in a year or so, I’m sure it will back to bidding war times.”
http://tinyurl.com/27xvzk
I live in the middle apartment at 72 2nd Place. It’s pretty freaky seeing your building on this website. The owner died two years ago and his wife is selling because she is in her 80s and can’t deal with it anymore. So I have to deal with an open house in my apartment with friggin Corcoran tomorrow? WTF? I will make it as messy as possible to deter any potential buyers. By the way, the building needs an incredible amount of work (nothing has been renovated since the 80s) and I do believe the tenant above me is rent controlled. Her mother was born in this building. In any event I want to keep my $1,700 a month 1.5 bedroom apartment with a 400 square foot private deck and they will have to drag me from here kicking and screaming, thank you very much.
hi 6:27pm, at the risk of sounding like “the What”, I would say two things 1) borrowing money is definitely not cheap these days and may not be for a long long time. 2) interest rates are still very low on a historical basis, but they have started to rise recently.
I think it is inevitable that interest rates continue to rise as china re-values their currency up and cause everything at walmart to go up in price and so core inflation increases and long term interest rates rise. (i am not even talking about gas prices)
hi Bob Marvin,
It is true that not everyone who is interested in buying a house is not an investment banker, but I think that every job in finance generates a number of other jobs that supports the finance industry, whether it is legal, corporate events, accounting, information technology, etc
Dandel,
There might be a few people interested in buying houses who are NOT investment bankers.
As long as interest rates stay low and borrowing money is cheap, then the so called “bubble” will not be bursting in our great city anytime soon. Now is a perfect time to buy…if the economy recovers in a year or so, I’m sure it will back to bidding war times. For the moment, the buyer has an upper hand.
PS. No way 13th street is Sunset Park! Are you crazy? Who cares what Park Slope was in the 50’s, 60’s 70’s?? Wake up you old people we are in the 00’s now! Thankfully, things change and neighborhoods expand. That is what makes NYC so interesting. Stop living in the past.