REBNY 3Q Market Report: Prices Still Rising
This summer the city continued to be immune to the rest of the country’s housing woes, according to a report released by the Real Estate Board of New York. REBNY’s third quarter stats show the average price of homes in the city up 20 percent from the same time last year, to $782,000; Brooklyn prices…
This summer the city continued to be immune to the rest of the country’s housing woes, according to a report released by the Real Estate Board of New York. REBNY’s third quarter stats show the average price of homes in the city up 20 percent from the same time last year, to $782,000; Brooklyn prices averaged $621,000, an 8 percent hike over 2006. The average condo price in Brooklyn, meanwhile, was $613,000, a slightly more modest 5 percent rise over last year. Good news, of course, but we have to wonder whether the fourth quarter’s going to look this rosy. Predictions?
Report: City Sizzles Amid U.S. Housing Market’s Big Chill [NY Post]
When Will the Real Estate Bubble Burst? [AM New York]
Wall St bonuses will be fine this year (wouldnt count on ’08)
Goldman has already put aside 16 BILLION for bonuses;
Merrill Lynch has UP’D the % of revenue for bonuses from last year (and overall revenue is up).
Im getting quite a nice bonus, mr “What”
sucks for you
http://www.nypost.com/seven/11082007/news/regionalnews/the_150m_castle_384624.htm
of course he’s getting 30K square feet for his $150M so it’s only $5000/sq ft
Hey 9:30, I’ll take my asshat bonus and buy your seeester then toss her out when I’m done
4Q07 – YOY sales gain will be 0%.
1Q08 – YOY sales gain will slightly negative -1%.
4Q08 – YOU sales gain will be -10%.
If it weren’t for the “asshats” on Wall Street, none of you Brooklyn old-timers who are selling out for the big bucks would get your asking prices.
RRRRRRIIIIIIIIIIIGGGGGHHHHHHHHHHTTTTTTTTTT
Stop posting this crap Mr. B. This BULLSHIT you know it!
The What
Someday this war is gonna end..
PS No bonuses for the asshats on Wall Street
9:09 You hit the nail right on the head. In addition, I am also surprised because I have seen tons of price cuts. Price cuts that range anywhere from 75k to 125k…so this very surprising!
A ClintonHill Lady
average is meaningless
what is the median??