What Lies Beneath?
Now that everyone’s had the weekend to digest last week’s insanity, how you feelin’ about ye olde real estate market here in Brooklyn? It’s been clear for a while that the some fringe areas are in for tough times, but how about the most blue chip ones like Brooklyn Heights and the choicest parts of…
Now that everyone’s had the weekend to digest last week’s insanity, how you feelin’ about ye olde real estate market here in Brooklyn? It’s been clear for a while that the some fringe areas are in for tough times, but how about the most blue chip ones like Brooklyn Heights and the choicest parts of Park Slope? How about some of those right in the middle like Clinton Hill? How far do you think they’ll end up falling from their peaks when all’s said and done?
Brooklyn Heights
Clinton Hill
Bed Stuy
Wall Street Reorg: Impact on Real Estate? [Brownstoner]
Photo by Gregory Taylor
True Northsloperenter – I find as someone who will be looking to buy in the near future, by reading brownstoner I have become a little more savvy with regards to the real estate market in NYC as a whole. Much moreso then, say, a person with mommy and daddy’s down payment check burning a whole in their pocket, who go and overpay for a property without checking the comps.
“I am confused on why a renter is even reading brownstoner.”
The blog covers a lot of local news and goings on (Quality of Life, Restaurants, Flea Markets, etc.) that are of interest to people no matter how they pay for their living space.
But I read Brownstoner mostly because I plan to buy a place in 2009 or 2010.
Frankly, after I buy, I’m not sure I’d be as interested in reading. I mean, if I owned a place and planned to live there for 10-40 years, I really wouldn’t be very interested in current real estate trends.
All of this is depressing for someone like me, a potential first time homebuyer. Sure, prices will fall but not enough for someone under 30 who makes btw 50 and 100k to save enough to buy anything (except maybe a spot in that fedders building in sunset park **crosses fingers***)
sebb, this isn’t a cheerleading contest. This is a place where people can come debate the ins and outs and what-have-yous of Brooklyn real estate. Just because someone is a owner doesn’t mean they believe the market will go up. Even owner in Brooklyn could get on this site and cheerlead and it won’t make a lick of difference. Why don’t you tell us what you really think about the market rather than being worried about who is cheerleading for what. You’re an owner. OK. Are you worried? Are you feeling trapped by the market? Let it out. You’re among complete strangers.
Sebb is right.
Prices will remain high in NYC, despite prices falling everywhere else on the planet.
We’ll all get a free pony, too!
whats your point sebb?
houses are cheap in NC.
houses used to be cheap in NYC.
this is a real estate website for brooklyn. Not a home owners website for brooklyn. I still live here and find this website interesting.
also 99% of artists recieve little to no income from their work.
I just would love to hear from people who Own homes and Live in Nabes like Cobble Hill, Carroll Gardens , Park slope or Bklyn Heights. Tell me do any of you guys hear or see any problem with the RE market? because i really do not.
But again I ask the Same question. Where are the comments by the homeowners? The renters rule this board I am confused on why a renter is even reading brownstoner. I guess if the Renters bash the market Long enough they might make a difference. I don’t think so.
“I work directly with artists – and the commercial work is way way down”
I work directly with performing artists, and we are having our best year since I started working here 10 years ago.