Open House Picks
Brooklyn Heights 169 State Street Stribling Sunday 12-2 $2,495,000 (was $2,995,000) GMAP P*Shark Park Slope 438 7th Street Brooklyn Properties Sat & Sun, 1-3 $1,950,000 GMAP P*Shark Prospect Heights 270 Sterling Place Corcoran Sunday 1-3 $1,500,000 (was $1,500,000) GMAP P*Shark Bedford Stuyvesant 146 Halsey Street All Points RE Sunday 1:30-3 $795,000 (was $995,000) GMAP P*Shark
Brooklyn Heights
169 State Street
Stribling
Sunday 12-2
$2,495,000 (was $2,995,000)
GMAP P*Shark
Park Slope
438 7th Street
Brooklyn Properties
Sat & Sun, 1-3
$1,950,000
GMAP P*Shark
Prospect Heights
270 Sterling Place
Corcoran
Sunday 1-3
$1,500,000 (was $1,500,000)
GMAP P*Shark
Bedford Stuyvesant
146 Halsey Street
All Points RE
Sunday 1:30-3
$795,000 (was $995,000)
GMAP P*Shark
http://www.marketwatch.com/story//home-prices-wont-regain-peak-this-decade-moodys-2009-09-18
BOSTON (MarketWatch) — Moody’s Investors Service threw cold water on optimistic projections of a V-shaped recovery in the battered U.S. housing market, predicting it could take more than 10 years to get back to boom-level prices.
“For many reasons, the rebound will be disproportionately small compared to the decline,” Moody’s said this week in its latest outlook on the residential market. “It will take more than a decade to completely recover from the 40% peak-to-trough decline in national home prices.”
Isn’t a $2.5MM ask cheap (or at least not crazy) for a 19 footer in the Heights? Aren’t these usually more?
Mopar, now that you’re an owner, please fall back in line and be bullish. hehehe. glad to see you taking membership on team reasonable.
Home prices will continue to fall as long as the NYC unemploymnet continues to rise. NYC unemployment rate is 10.3% and rising.
For some RE porn, this agency has some mighty fine places and GREAT photos…
http://www.brooklynbridgerealty.com
Can’t complain about lack of photos for 7th St. Lovely details and a good amount of space. It’s just vertical space . . . like food piled high and delicately in a high end restaurant . . . beautiful, but how do you eat it?
OK, that’s unfair. But with 16 feet, it does become awkward with what’s left over after the stairs, and when there are two room filling the width. For one room, it’s fine — the kitchen, the larger bedrooms. I guess that’s why people take down parlor walls, but that’s a shame too.
Don’t know about the price. We’ll see.
I think the halsey one is definitely too high. For one thing it’s hard to see whether the door casings are naturally stained or just painted dark which, IMHO, makes a big difference. That said, it’s too expensive for that part of Halsey.
I didn’t say they would start rising at the end of the year, just stop falling. They will probably start rising 2H 2010. Just my opinion but so far, I’ve been correct that brownstone prices will not fall off a cliff (-50/70%) as many of the Team Bear people have speculated and some are on their last breadth of prayer hoping for.
Ok, ok, sorry. How about prices will rise at the end of the year, then?
Also, on Halsey: Isnt this the place with an island absurdly in the middle of the parlor, only now with better photos? Isn’t it kind of pricey?
mopar…I DID NOT SAY PRICES ARE RISING FOR HOMES. The stock market, yes…wealth is being created. My stance is that brownstone prices will bottom before the end of the year.
I’m sure the 4Q Douglas Elliman reports will show that.