Open House Picks: Six Months Later
Comment: Deals getting done! Open House Picks 8/1/08 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Deals getting done!
Open House Picks 8/1/08 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
Pierre de taille – I disagree – not all the houses sold way below ask. At least not the “true” ask.
I know the former owners of the BSW house. They intentionally over-priced the house by $50K, hoping someone would make a “low ball” offer and they’d actually get their true price. House was on the market for a week, and went for only $10k less than the price they were aiming for. That 10k could have easily been lost in carrying costs if it stayed on the market just a few months. The owners were not greedy, were seriously about selling, and got out just before things really started to tank. Smart strategy and I’m glad it worked for them.
billys one of those rare, delusional morons that takes a brick to the head to have some semblance of reality. I mean, at this pt, if one doesn’t understand that nyc is lagging the rest of the country, then one can be undeniably labeled a RETARD. Hey retard! the fall has just started over here.
Billyboomer sure there is nothing wrong with the market. The fact that all the properties sold for way below asking and one of them for almost half a million dollars less is trivial for sure. Not to mention longer times on the market…tu me fais marre toi!
97 Park Place is quiet beautiful and will sell quickly if it was reduced further to $1.8million..i.e ~20% from 1st asking price.
Snark- it is funny cause my comment today had nothing to do with what I said yesterday. Seeing nothing wrong with this picture referred to all 3 of these houses. Market looks pretty good compared to most of the country.
It might be worth noting that the house on 4th Street is 3 stories and only 2700 square feet (albeit, with a finished basement and a great location). That said, the selling price isn’t too bad. My understanding is that the previous owner needed to relocate in a hurry.
cwbuecheler,
I don’t know whether that particular PLG house has a rental apartment, but that block (Midwood III) doesn’t have the Lefferts Manor single family restriction,or R2 zoning.
> “So I see nothing wrong with this picture.”
This is funny, coming as it does from a guy who did not think that speculation was a driver in the NYC market.
2 of the 3 that sold very close to asking. 4th st. probably had a owner that needed to sell for whatever reason and still walked away with a huge profit. So I see nothing wrong with this picture. Seems like a dare I say normal market. Park Place is baffling to me, great block big house, does not look like it needs that much work. Has anyone here actually been inside Park Pl.?
Right on lechacal. you have a good weekend too. I always like to hear your take on the market cause you have a way of being realistic without being hysterical (although if things keep going the way they are going hysterical will be realistic before too long!).