Widget Falls Way Short on South Oxford
Another reason we wish our programmer would finish the updated version ye olde widget: This one-bedroom at 60 South Oxford Street in Fort Greene was listed for $399,000. 58 readers weighed in on the price via the widget, with an average vote of $306,250. Once again the widget (and the seller) have the last laugh:…
Another reason we wish our programmer would finish the updated version ye olde widget: This one-bedroom at 60 South Oxford Street in Fort Greene was listed for $399,000. 58 readers weighed in on the price via the widget, with an average vote of $306,250. Once again the widget (and the seller) have the last laugh: The co-op just sold for $375,000. We’re definitely a little surprised at how high a price this one fetched. You? GMAP
What I want to know is, how did the widget get the last laugh? That statement makes no sense.
When I’ve participated with “the widget” (isn’t there some other term for it?), I’ve put in the amount I think the property will sell for, not what I would pay for it. I try to put myself in the shoes of a potential buyer in a sense.
I’m glad we have new, happy-to-be-in-Fort-Greene people! Welcome!!! Don’t listen to the finks or let them get you down! You’ve made a great decision! Great location too!
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This unit commanded a higher price than I would have guessed. Maybe it is really charming in person, something that is lost in the photos, or maybe someone in the building bought it to create a duplex or even to turn the building back into single family house. One never knows, do one?
There’s nothing wrong with the widget. What’s wrong is Team Bear. They don’t seem to get it.
“So, some sucker paid top dollar. Not surprising… this city if full of folks that have no sense when it comes to money.”
T6, you are getting more and more bitter. Wealthy folks are stupid? While some wealthy folks inherited, most worked for what they have. They got wealthy making good decisions, not bad ones. Generally, poor people tend to make bad decisions, that’s how they stay poor.
endless supply of stupid buyers.
maybe that is what actually defines the city.
when they stop coming then that’s when we’ll see a real painful price adjustment.
I don’t fully understand how you qualify a price as stupid or inflated. It’s not like we live in Kansas where you’re essentially buying the cost of the materials. The only way to quantify price in the city is based on how much people will pay for it, demand. I will never understand you people.
“So, some sucker paid top dollar. Not surprising… this city if full of folks that have no sense when it comes to money.”
Well if it is so full of them then we will never really have to burst this bubble. They can just keep paying these so called ridiculous prices and keep the rest of us afloat!
I think the current state of the market is higher than where we think it should be. Buyers maybe be rushing to get a place while the 8K tax refund/rebate thing is still in effect. I think that is pushing up actual sales pricing and is making it way more competitive out there (in my experience and opinion).
Also, I don’t think we can really judge the value of a place from afar without seeing it in person.
Still. Whack overprice, i think.
I think we have reached the point where it would be helpful to state the hypothesis for what the widget is supposed to be doing and how it is supposed to be doing it. That way the inputs can be better coordinated and the results more critically understood as systemic flaws or meaningful output.