Market Conditions in 11217 : Advice

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Joseph Runfo…, Real Estate Pro in Staten Island, NY
Joseph Runfola answered:
Does anyone know the price per sq ft for luxury condo in Park Slope, Brooklyn?
The median sales price for homes in Brooklyn NY for May 09 to Jul 09 was $518,000. This represents a decline of 3.2%, or $17,000, compared to the prior quarter and a decrease of 12.5% c ... more
0 votes Share Flag Sun Sep 13, 2009 Market Conditions in Park Slope
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
I want to purchase property at 274 Malcolm X blvd? Which bank has the mortage?
Constance,

Your best course of action is to contact a local real estate professional. They will be able to provide you with the necessary information and the guidance required to fin ... more
0 votes Share Flag Wed Aug 5, 2009 Market Conditions in Bedford - Stuyvesant
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
Houses purchased at height of bubble in 2006 now listed for 50% or more premiums over 2006 prices.
Dear Jonathan:

Going back to January of 2008 through January of 2009 I would say that about 95% of the homes on the market were overpriced. This was due to homeowners thinking unreal ... more
0 votes Share Flag Fri Jul 24, 2009 Market Conditions in Brooklyn
Barbara Ann…, Real Estate Pro in 10022
Barbara Ann Rogers answered:
want to buy a coop on ocean pkwy bet beverly and 18th av ,doorman,parking,laundry etc.
What size apartment are you looking for? How much do you want to spend? I have 2 bedroom, 2 bath apartments available in a doorman buildng with parking on that stretch of Ocean Parkwa ... more
0 votes Share Flag Sun Oct 9, 2011 Market Conditions in Flatbush - Ditmas Park
Greg,  in New York, NY
Greg asked:
Comps for 7906 4th Avenue
0 votes Share Flag Mon Jun 22, 2009 Market Conditions in 11209
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
How can I access the actual selling prices for houses and apartments in the New York City area?
Dear David:

The easiest way would be to go on www.propertyshark.com or www.zillow.com. Or if you are looking to purchase a home, ask the real estate agent you are working with to pro ... more
0 votes Share Flag Thu Oct 22, 2009 Market Conditions in Brooklyn
Chris Covalle…,  in Chicago, IL
Chris Covalle MBA, CPA answered:
FHA Loan for Condo Purchase
Hi Natasha, yes an FHA loan is acceptable if either the condominium project as a whole is FHA approved or if the specific unit you are purchasing can be approved via a FHA spot approval ... more
0 votes Share Flag Sun Dec 20, 2009 Market Conditions in Brooklyn
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
What's the current wisdom about purchasing a condo in a new development in LIC or Williamsburg?
Dear Christine:

I am not familiar with LIC, but Williamsburg is definitely a safe bet! I say this because Williamsburg has been on the path of rebirth and regentrification since 2000 ... more
0 votes Share Flag Tue May 19, 2009 Market Conditions in 11211
Rhonda Holt, Real Estate Pro in New York, NY
Rhonda Holt answered:
Does anyone really think that prices in hot neighborhoods in recent years in Brooklyn have declined enoughyet?
Hello, to answer your question, the hot neighborhoods in Brooklyn like Clinton Hills, Prospect Heights, Fort Greene, Ditmas Park, etc. are still holding their value. Sure their has been ... more
0 votes Share Flag Sat Feb 21, 2009 Market Conditions in Brooklyn
Voices Member,  in Benton County, OR
Voices Member answered:
What is the expected monthly rent in 2009 for a ground floor studio apartment in Bath Beach (Bay 10th St.);
Bob, You might want to check these sites for rental trends/rent comparables.........http://www.zilpy.com/
and http://www.rentometer.com/

Hope this helps, Dunes
0 votes Share Flag Mon Feb 16, 2009 Market Conditions in Brooklyn
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
How do I go about getting an evaluation of what my apartment in Brooklyn is worth?
Cropsey,

You are on your way to obtaining the information you require. We suggest taking the contact information of those people that respond to this posting, then do some research ... more
0 votes Share Flag Wed Feb 18, 2009 Market Conditions in 11214
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Is there any way to modify existing 30 Yr fixed mortgage to lower rate?
C
You should ask your lender. They will want to understand how it is that you qualified for the loan at one time and now you do not qualify. However, if you can make a good case (dow ... more
0 votes Share Flag Mon Jan 5, 2009 Market Conditions in 11235
Alex-brooklyn, Home Buyer in Brooklyn, NY
Alex-brooklyn answered:
Developer collusion in Williamsburg NY?
2 words: Denial & Delusional.
Every condo buildings that don't adapt to demand and offer a huge price cut will follow the same path a the "Magic" Viridian:
http://www.crainsnewyork.co ... more
0 votes Share Flag Wed Feb 25, 2009 Market Conditions in Williamsburg
Jenet Levy, Real Estate Pro in 10012
Jenet Levy answered:
does anyone know the average price per sq ft in park slope, brooklyn?
Wow, I just found this one full year later and no one answered you. If you haven't bought by now (I hope you have) I'd be happy to answer your questions about the (my) neighb ... more
0 votes Share Flag Tue Sep 15, 2009 Market Conditions in Park Slope
Pascual Paul…, Both Buyer and Seller in Bronx, NY
Pascual Paul Tarrats answered:
Given the current market in Ditmas Park, Brooklyn, is it better to try to rent or sell our 2 bedroom coop?
Renting always comes with some risk and considerations. What if I get a 'bum' tenant. Can I carry two mortgages for a period of time. (Evictions take from 2-6 months or longer) What are ... more
0 votes Share Flag Fri Oct 25, 2013 Market Conditions in 11218
Barbara Petr…,  in 10018
Barbara Petroske asked:
selling price per square foot on newly constructed condos in Ditmas Park 1600 Beverley Road is a newly-constructed condo building
0 votes Share Flag Tue Sep 2, 2008 Market Conditions in 11226
Susan Wesely,  in Saint Paul, MN
Susan Wesely answered:
wherw/howto find a price rangefor onebed room apartmentsBedfordStuyvensant years 2005/2006
I'm not sure how much history your local MLS keeps, but a local Realtor should be able to search it for historical data.
0 votes Share Flag Thu Jul 17, 2008 Market Conditions in Bedford - Stuyvesant, Brooklyn, NY
Bryan Sereny,…, Real Estate Pro in Miami Beach, FL
Bryan Sereny, Pa answered:
We are moving from Omaha Ne to New York next summer.
I would recomend speaking with several local Realtors and ask them what trends they forsee.

These guys might be a good start:
http://www.brooklynrealestateny.com/

-Bryan Sereny
0 votes Share Flag Tue Aug 5, 2008 Market Conditions in Park Slope, Brooklyn, NY
Phillip Rosen, Home Buyer in 11210
Phillip Rosen answered:
Questions on Trulia's price trends for Williamsburg NY
Bump. Somethings have changed, but not much. There is still a massive divergence between the avg. price per square foot and all trulia listings. There is also a major discrepancy betwee ... more
0 votes Share Flag Mon Aug 25, 2008 Market Conditions in Williamsburg, Brooklyn, NY
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