Open House Picks: Six Months Later
Comment: Are these sellers living in some other planet? Open House Picks 4/3/09 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Are these sellers living in some other planet?
Open House Picks 4/3/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
Blah Blah Blah,
Predict all we want. The point is,
Prices are continuing to drop. Even after the latest stimulus-infused bull market.
Doesn’t mean doom, just is what it is.
If you’re a buyer, it means worth waiting, being very selective if not, and bidding aggressively whenever you offer.
No rational reason not to. There will almost certainly be more opportunities, probably at a lower price. Maybe not half, but lower.
Dunno about you folks, but spending less of my hard earned cash is something I generally look forward to when making a purchase.
Need proof the opposite is happening to change my opinion, not rants.
I meant $350K for State Street….
I would not say that the State Street house was not listed at $4350K in 1995. As I recall, the house may have had structural problems and it was literally against what looked to be abandoned buildings — a real eyesore. And no one knew what was going to go in the space (the owner of the lot on Court would not sell — only lease). There was a house on Schermerhorn in only slightly beter shape. I recall someone buying a house in Boerum Hill (one of the small ones — perhaps on Wyckoff?) in the late 90s for $375K and we all though it was crazy. But then you could get a one-bedroom coop in a FS building for $50K in 94-98. 1994-99 were the bad years….for real estate anyway.
market did not increase 10x per your rhetorical query. so then why ask the doomsayers to show you something that didn’t exist?
You need to read it again, then antidope.
It became very clear by the last post that Minard is not a very rational human being.
I’d say his desire not to come back on the threads today says something too.
As did the nearly 95% of people who agreed with me that a house next to that cinema should require a lower price than one not next to a cinema.
11217, takes two to tangle and i’d argue you were fully vested that you weren’t digesting the real estate component of the discussion. whatever.
bho, that’s a lot of data to say not much. i have the same data set and i think i understand what you’re doing but i stand by my question and comment. focusing on YOY simply means you wait for a year to roll off. kind of arbitrary. nothing wrong with it, it’s a conservative way to go.
otoh, this data set does not align with what we’ve all seen in brooklyn, seems off by at least two years.
Also,
This is what it says regarding Stratford Road:
09/21/2009
Listing is no longer available.
So it’s not still on the market for whatever reason…
Brownstoner, the Bed Stuy house is in contract. It says so on the listing.
Posted by: mopar at October 2, 2009 3:56 PM
ALLRIGHT!!!
Now we can formally request: “Enter Meatloaf……”
“I know you read yesterday’s hotd bc you had a hissy fit with ml”
I think you were reading the wrong thread, dude. ML accused me of being racist and then stormed out, not to be seen today. Take a look at his last post of the evening, if you want to see a hissy fit.