OHP-6months-110708.jpg
Comment: Nice price movement on 2nd Place!
Open House Picks 11/7/08 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]


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  1. Thank you Basementalist!
    exactly right on. It’s so hard for anyone to know real comps when nothing has really been selling to provide those comps. Sure it’s not right to give a buyer a comp from spring 2008 nor is it right to use a comp from the short sale that happened either…

  2. I think one problem is, with little on the market and few recent sales, it’s hard for either seller or buyer to ascertain where the market is. So on top of the usual catch-a-falling-knife fears, with so few recent comps you can’t even tell where the knife is right now.

  3. Clifton is still on the market, $459,000, per Property Shark.

    Posted by: serpentor at May 8, 2009 1:12 PM

    Oh Shit a 4 story Brownstone in Bed Stuy for how much???!!!

    That’s not good…

    The What

    Someday this war is gonna end…

  4. “UGH”?

    Boo Hoo, overpriced buildings that aren’t worth what people are asking. As someone w/ the resources and credit rating to buy a townhouse, but the sense not to overpay for an inflated asset, I say “hooray”

    Pity the owner who overpaid and extended themselves to buy a place in the last 2 years.

    Certainly not the person 4 years ago who paid 60% asking price and thinks they should double their money. Seem to be a lot of those these days.

    Please. It’s economics 101.

  5. Point being
    no one (not buyers,sellers or brokers) know what th FMV for homes in BK are right now
    case closed.
    and again agreed places under 700K seem to be selling while homes even priced well over the 1.1mil are sitting – nice homes

    ugh!!!!!!!!!!!!!!!!!

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