Open House Picks
Carroll Gardens 417 Sackett Street Corcoran Sunday 1:30-2:30 $2,875,000 GMAP P*Shark Boerum Hill 238 Wyckoff Street Corcoran Sunday 1-3 $1,700,000 GMAP P*Shark Windsor Terrace 323 Vanderbilt Street Corcoran Sunday 1:30-3 $1,075,000 GMAP P*Shark Bedford Stuyvesant 740 Macon Street Abode Properties Sunday 1-2 $950,000 GMAP P*Shark

Carroll Gardens
417 Sackett Street
Corcoran
Sunday 1:30-2:30
$2,875,000
GMAP P*Shark
Boerum Hill
238 Wyckoff Street
Corcoran
Sunday 1-3
$1,700,000
GMAP P*Shark
Windsor Terrace
323 Vanderbilt Street
Corcoran
Sunday 1:30-3
$1,075,000
GMAP P*Shark
Bedford Stuyvesant
740 Macon Street
Abode Properties
Sunday 1-2
$950,000
GMAP P*Shark
Seller’s are still delusional. They’re asking the same crazy prices today that they were asking at the height of the bubble. After languishing for months and months, these sellers will wake up and chop their asking prices. It’s funny how damn greedy people are. Instead of asking low prices and encouraging bids, most sellers ask crazy high prices hoping for one leftover moron to show up and make an offer. They’ll all end up getting even LOWER prices months from now than they would have if they had listed reasonably today. Very foolish . . .
The BS house may be nice but its whey over priced…. Not a prime area….
“What are your thoughts on inflation. I worry that massive inflation will distort the prices.”
I thought with the election of Obama maybe we would get some sanity back in Government but, boy I was wrong! I think we are in for some massive inflation because you cannot direct where money should go (Propping up Housing). It will go the the Pigmen to speculate in the commodity and energy markets, hello 4.00 a gallon gas!
“hey keep lowering mortgage rates and encouraging home ownership again.”
There are no more Retards willing to smoke crack anymore! No one wants to borrow money, they want to pay down their debts and with Mortgage guidelines tighting how many people qualify for one anyway?
“If we look at Quantitative Easing in the past, and the massive dollar printing press, won’t that actually increase prices in a ridiculous way. I am sort of a watching this with no skin in the game…your thoughts?”
We are in big F***** trouble! The US Dollar is the worlds currency!!! If we takes these steps now then we are F***ed. You want to smell napalm??!! You wait when the Bond market goes Whiskey Tango Foxtrot!!!!!!
The What (Pass the crack pipe)
Someday this war is gonna end…
I saw the BH house last weekend. Close to subways and Smith Street. Nice reno. The best part is that they have a cellar that is begging to be finished and could easily get sunlight in the back, giving you potentially 4 floors of living space.
What…question:
I figure you actually digest financial information and come up with your rants. I like them from time to time. What are your thoughts on inflation. I worry that massive inflation will distort the prices. They keep lowering mortgage rates and encouraging home ownership again. What effect do you think that will have on prices in the long tern? If we look at Quantitative Easing in the past, and the massive dollar printing press, won’t that actually increase prices in a ridiculous way. I am sort of a watching this with no skin in the game…your thoughts?
Newsouth and What — Actually it’s pretty much business as usual for the Fed, it’s just on a huge scale. The Creature from Jekyll Island lays out Fed history well and in plain English. You may disagree with some of his conclusions, but the history is reliable.
Thanks MM!!
” Why is the Fed saying they are going to buy up all of this paper on the one hand just a week after Obama plans to issue a whole bunch of new paper on the other?”
It’s called Circle-Jerking! I think they need to Jerk faster….
The What
Someday this war is gonna end…
THL, I’d have to say basically, Neo-Grec, with a bit of Romanesque Revival tossed in, with those arched windows. Both are in the same general time period of 1880’s through 90’s.