Open House Picks
Carroll Gardens 415 Sackett Street Douglas Elliman *****CANCELLED***** $2,250,000 GMAP P*Shark Prospect Heights 287 Park Place Corcoran Sunday 2-4 $2,195,000 GMAP P*Shark Fort Greene 305 Cumberland Street Brown Harris Stevens Sunday 1-3 $1,995,000 GMAP P*Shark Clinton Hill 186 Washington Avenue Aguayo & Huebener Sunday 12-4 $1,739,000 GMAP P*Shark
Carroll Gardens
415 Sackett Street
Douglas Elliman
*****CANCELLED*****
$2,250,000
GMAP P*Shark
Prospect Heights
287 Park Place
Corcoran
Sunday 2-4
$2,195,000
GMAP P*Shark
Fort Greene
305 Cumberland Street
Brown Harris Stevens
Sunday 1-3
$1,995,000
GMAP P*Shark
Clinton Hill
186 Washington Avenue
Aguayo & Huebener
Sunday 12-4
$1,739,000
GMAP P*Shark
Well, here’s somewhere we can agree:
“The PEAK in one of the greatest cities in the world has not yet arrived. It may go down for a couple years or more likely stay about flat, but I assure you that in 3-5 years you will wonder AGAIN how you were priced out.”
And your comment about how it may “go down for a couple of year or more likely stay flat” is exactly why I’m taking my time. I’m not priced out thank you very much – I’ve pocketed the gains from my own recent sale (this spring) and am renting in my school district of choice, with a lot of cash at the ready to buy our next property (a house). I also agree that, in the long run, we will not suffer since sure, in 10-20 years the market will be even higher than it is now, and quite possibly in 5 years it will be higher. But real estate markets are cyclical – any course in Econ 101 will tell you that – and economic conditions right now all point to a downturn in this cycle. It might be a short downturn (1-2 years) or longer (3-5, as it was in the last downturn in late 80s-early 90s) but it does not seem stupid to rent for a short while in this market. That does not mean trying to “time the market” – if you see something you love you can afford, go ahead and buy it even if the price is high for the market. But this is not a market where I would “settle” for a non-prime property at a prime price, which is the case for all of these homes.
Given the likely downturn, many people would rather wait 6 months to a year to see if they can save tens or even hundreds of thousands of dollars (depending on the property)…
“But hey, who cares about the details?”
The details are that it is now sold. No longer for sale. Everything else is useless info at this point.
“if SMith st/Court St don’t offer enough ‘cafes’ for you and your lazy ass lifestyle.”
maybe they meant good cafes…
3:02 Park Slope has outperformed most of Brooklyn(it is the best area). Most other areas are flat.
“3:08…does it really matter now that it’s sold??
Are you really THAT desperate to make an invalid point?”
Nope I’m not desperate. In fact I’m not trying to make any “point”, just correcting the person who claims the Bergen house sold quickly. It didn’t.
I don’t really care one way or the other. I guess having someone gushing about how amazing it was a place sold SO FAST just annoyed me a bit when I knew the place actually had been on the market on and off for months. But hey, who cares about the details?
“Plenty of Park Slope is about the same architecturally”
This is a joke, right??
Almost every house in CG has had its cornice torn off. Most houses are just big brown boxes.
And Smith has become a joke of a retail strip. Everything cool has opened a 2nd outpost on 5th anyway. And 5th and 7th are about 20 times the size of Smith.
And a lot of Park Slope…especially the northern part has MUCH better train access with the 2/3 train and Q.
“So how do the bulls explain that?”
Seen two of the three houses you mention and they are small and overpriced. Has nothing to do with the market, since MANY other more expensive homes have been selling. Have you seen the prices they are getting for the Vermeil Condos? 2.1 million!
You can’t just pick out random houses that haven’t sold and make general statements about the market.
Well…you can…it just makes you sound like a total moron.
“3:02 – actually, I think NOW is the peak,”
So first it was 2005.
The it was 2006.
Then absolutely it was 2007.
NOW it’s 2008??
Do you see how absurd this is??
In those years, some people in this city have made hundreds of thousands of dollars, if not MILLIONS!!!
You people are so dumb.
The PEAK in one of the greatest cities in the world has not yet arrived. It may go down for a couple years or more likely stay about flat, but I assure you that in 3-5 years you will wonder AGAIN how you were priced out.
It doesn’t matter anymore. We have banked over 1.4 million dollars from the sale of real estate purchases in the last 7 years.
Every time you pay your landlord your rent check, think about it as making someone else richer.
stupid comments like this make me wonder if people really know anything about the neighborhoods..
“Not much in the way of shopping or great restaurants and cafes, no interesting multicultural vibe, no beautiful parks, a fairly long commute into the City, the Gowanus canal close by, stretches of industrial stuff, not much in the way of subways…”
Last I looked Sackett st house is short walk to subway – and serveral stops closer to Manhattan than much of Park slope that uses F train. And really is not even that far of a walk to 5th Avenue restaurants from there – if SMith st/Court St don’t offer enough ‘cafes’ for you and your lazy ass lifestyle.
Plenty of Park Slope is about the same architecturally – unless you are near the very pricey part by the park – which is way above this price range.
And if you think multicultural ‘vibe’ (that expression makes be want to vomit) is what people move to PS or CG for – you must be on LSD.
Multicultural is Flatbush and Elmhurst.