OHP-sixmonths-082809.jpg
Comment: Not so bad.
Open House Picks 8/28/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]


What's Your Take? Leave a Comment

Leave a Reply

  1. I’m cutting my T shirt in half, across the middle, and wearing it like a caveman!

    The rest of youse – hang dry only. Or it’ll shrink in half!

    ***Bid half off peak comps***

  2. The double-dip is like “two flights of stairs”. We’re “walking on the landing toward the second flight down” and falsely think the bottom is in. The reGOVery gave us a little blip, from a -20, to -15, and now back down to -20 percent in Case-Shiller.

    In roller coaster lingo, “Look, Ma! No hands!”

    ***Bid half off peak comps***

  3. 2 and 4 in contract during the height of the reGOVery hype but for a buck less than ask.

    That’s what double-dips do, headfake you into thinking the market is bottoming when it really isn’t.

    ***Bid half off peak comps***

  4. i believe this will provide further support for those who believe we are no longer tanking. (at least for now.)
    —————-

    um…. it’s pretty obvious we’re no longer tanking now.

    of course, anyone buying now is essentially throwing their money away. but… hey, that’s life.

  5. 481 4 street originally listed in may 09 for 2.9;
    relisted in jan for 2.7;
    recently entered contract.

    what do you think it closes for?

    i believe this will provide further support for those who believe we are no longer tanking. (at least for now.)

  6. 747 Hancock St.
    $609,00 isn’t to bad of a price considering the work that was done to the property and the price was originally $699,000.
    Considering that it is between Ralph and Patchen Aves. where there is quite a bit of activity from the apartment buildings on Patchen and Jefferson Aves. The price should have been more like $580K – $590K.
    All the best to the new owners.