Open House Picks: Six Months Later
Comment: That’s quite a price cut on Cumberland! Open House Picks 4/17/09 [Brownstoner] Previous Six Months Later Posts [Brownstoner]

Comment: That’s quite a price cut on Cumberland!
Open House Picks 4/17/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
BHO- did you see my question about london earlier this week. your price rent metric indicates they’re in for a 75% fall from peak comps. you making that call too?
stoner community did price this one at 13% off ask, which is among the tightest spreads. average is 19% off.
i browsed the comments and i think the collective wisdom underestimated importance of a real back yard. or abutting flatbush store? maybe this is easy to do when doing a cyber walk thru?
Back down to the long running average of 25% sold. Only 1 out of 4 listings will score a sucker. There’s still time to “take profits” within 25% of peak.
***Bill Thompson for Mayor***
antidope, let’s get back to unfinished business from yesterday regarding that HOTD. you ok with the counter proposal from me (forgot to say loser will have to campaign under other’s flag for 3 months)? if not, propose something else.
Antidope, that’s still less than 20% off the ask. Maybe the widget was abnormally too close to the ask?
My cmoney is only half liquid right now, Bklnite. Also probably more house than I need. Although if I did live there I would certainly go out a lot less and not need a bar or something nearby. I did a train to bus commute for 5 years so commutes don’t bother me.
14 widget priced homes have now sold and today we have the first example on the bear side.
HOTD 5/7/09 100 St Marks sold 10/8/09 for 1300000 or 6% BELOW widget.
Call the New York Times.
I think sounds like good price, IJ. And in reality not that far from some trains. I don’t know the bus routes….1 might run down FLushing avenue. And it says a parking spot.
But what about nearest bar?
If that’s where you want to live maybe you should make a lowball offer. It’s a narrow (12.5′) house but they must be getting desperate if according to the corcoran listing they’re leaving it for the buyer to add a kitchen and another bathroom.