Open House Picks: Six Months Later
Comment: Some might big haircuts on those two sales! Open House Picks 2/5/10 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Some might big haircuts on those two sales!
Open House Picks 2/5/10 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
re: E. 17th house…most people here probably don’t know that this house had a fire a few years ago. from what i heard, it was electrical, started from within the walls. so the damage may have been extensive to have lowered the selling price almost $400k. now, if it never had the fire would it still have gone for $1.3? doubtful. but i think it’s quite likely it would’ve gone over 1M.
i live a few houses down from this one. i’ve always liked this house…great size, nice driveway and garage.
the fire happened over halloween a few years back, they had proper decorations on the front lawn (burial plots, skeletons, etc.) – and i remember thinking to myself the fire damage seemed ‘appropriate’ to the rest of the decor 🙂
i am curious about realistic comps in this immediate nabe as well, as we’re still trying to sell our victorian house condo.
Lead by example, ‘dope. Road block me with comps of your own.
***Bid half off peak comps***
today’s rhetorical flair (thanks for the read!) does not cover up the fact that you provide not a single comp. as slopey rightly points out, you’re definitely not one to let facts get in the way of a good story.
i look forward to the release of your novel.
“I get the feeling there will be plenty of haircuts to go around in the coming months/years”
Park loper – Were you standing at the intersection of Grand/Putnam/Fulton when you wrote that?
“OK, BHO, this one’s yours if you can dig up comps and show asks were not out of line to begin with. Have at it.”
Passing the buck, huh slopefarm? Maybe asks were out of line today but they weren’t too far off peak comps as implied by the HOTD comments below.
“Hmmmmm…. Someone must have just informed the Fillmore broker that Ditmas is hot. So he or she has priced this house at 2007 asks” – By Architerrorist on February 5, 2010 1:40 PM
“‘East 17th Street … are these houses worth 1.3mil? …’
Posted by: gemini10
No, probably worth 10-20% less than ask [and peak comps], like the other listings.” – By Bklnite on February 5, 2010 1:40 PM
Sooooooo, that’s -27% down in Midwood and -24% down in Windsor Terrace! Brownie remix: “Some might[y] big haircuts on those two sales!…Some might[y] big haircuts on those two sales!…Some…Some…wicka wicka wicka wicka…Some might[y] big haircuts on those two sales!”
“Wow, this is really something. Those are MAJOR cuts. 12th Street is listed as in contract. Is that just broker bs?”
No, househunt[ing for Red October], that’s just another “MAJOR cut”.
“prices are slowly stabilizing toward realistic prices based on non-speculative value”
Yessir, Pigeon. Only another -37.5% to go! But Obama/Bernanke have a different definition for stabilization. It’s called price fixing. FAIL!
“this is not bearish. not bullish but not bearish either. the ones sold still have big prices.”
Yeah, m4l, -27% and -24% is no biggie. Meanwhile, 15th street ducks for cover into the shadow inventory. [rat ta ta ta tat!]
Some might[y] big haircuts on those two sales!
Some might[y] big haircuts on those two sales!
Some…Some…wicka wicka wicka wicka…
Some might[y] big haircuts on those two sales!
[reggae horn]
***Bid half off peak comps***
this is not bearish. not bullish but not bearish either. the ones sold still have big prices. maybe me hitting the lotto tonight will change viewpoint and the prices will look cheap then
11217, there is a picture for you in the forum.
Oh yeah, good point 11217… Mr B does usually post “in contract.”
Yes, those are big discounts off asks. But wouldn’t $950,000 for a place in Midwood be kind of high? And surely both buyers wanted to avoid the mansion tax.
Well Pigeon is right “in contract” isn’t “sold” but Mr. B does usually post if it’s in contract….
Via Streeteasy, it has not been relisted since it entered contract in April.