Open House Picks: Six Months Later
Comment: Not a lot of traction. Open House Picks 4/16/10 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Not a lot of traction.
Open House Picks 4/16/10 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
Prices in Brooklyn are up. Are you a fucking idiot?
Well priced, desirable, attractive places sell. It doesn’t matter where they’re located.
Maly,
0 sold = bearish
1 sold = bearish
2 sold = push
3 sold = bullish
4 sold = bullish
I’m trying to make this more black & white (ie simply a simple math exercise).
over-priced, under-prices, etc – we save that for biggest sale thread
Right. low sales and whatever sells is with a price cut. I am not sure what makes you think that the market is not collapsing. whoever buys now is immediately underwater.
http://www.calculatedriskblog.com/2010/10/clear-capital-sudden-and-dramatic-drop.html
“I can tell you one is in Fort Greene on a park block, two are in South Slope, one is in Bed-Stuy.”
location, location, location
OK, not to be offensive toward anyone’s nabe, but let’s play a game.
I have four properties for sale. WITHOUT KNOWING ANY OTHER INFORMATION, I can tell you one is in Fort Greene on a park block, two are in South Slope, one is in Bed-Stuy.
Now guess which one sold, and which three are still on the market.
I don’t think it’s bearish or bullish. Apart from the beauty on So. Portland, all the other houses were at least 15-20% overpriced, so I think this one is for Team Reason.
1 out of 4, bearish.
renting is looking like a pretty good idea as buying still for the richie rich
the 14th Street house is pretty sad, I guess I saw it 6 months ago, just a depressing, half-way renovation