The Market Has Officially Bottomed! (Maybe)
Started by The_President
almost 16 years ago
Posts: 2412
Member since: Jun 2009
Discussion about
After being on the market since the summer of 2007, my former neighbor's apt. has finally gone under contract. I can't wait until closing to find out the final sales price. Can anybody look up the mortgage on the apt.? Someone on SE had mentioned to me last year that it was once listed by Weichert as a short sale, but I find that hard to believe since the apt. was originally bought for less than $10,000 before co-op village was de-regulated. http://streeteasy.com/nyc/sale/440181-coop-417-grand-street-lower-east-side-new-york
Please tell me you're joking, alpo. I know you're slow, but really? You're going to note the bottom with one comp?
Then again, you are the genius who said "THE MARKET IS NOT DOWN!"
I'm not going to get into another pissing match with you loser.
You will ALL know when the market has bottomed......because.... I WILL TELL YOU!!...... Now, back to work bitches!!
M'okay But I gotta get my inside info from the gyro guy. Where the gyro guy goes the equity mkt follows followed closely by NYC re.
LOL...Alpo is just tryin' to rile you all up...the only "bottom" he has seen is his boy-toy's...
Oh yeah. I'll either confirm p09's call or call him a lemming. And if he acts up a Canadian lemming.
I would say this marks the end of the bounce.
People do not worry....
when we hit the bottom we will be staying there for a loooooong time.
Just check the previous RE bubbles.
Do not ever rush thinking you are going to miss the bottom.
You will be very sorry.
ROCK on people......
IT'S OFFICIAL?
wow...what a relief...I was concerned about the unofficial bottoms that we keep reaching.
I called Dolly to check to see if this is really the bottom. At first she was offended b/c she thought I was saying that 'she' was the bottom. As you all know this is absurd b/c I think she's the top!
on one of dolly's blueberries (she's moved on from mere mortals' blackberries, don't you know), the bottom signal was flashing strong and clear. it showed properties from alpine, nj. but noted that one overpriced dump where an owner has admitted to taking dumps in the foyer hasn't sold. and isn't likely to, even though the owner had removed the PTCruiser (which oddly has been gaining some favor given toyota's difficulties with the prius).
dolly's bottom is still doing ok. wonder how her peeps at manhattan house are doing.
As good a call as himwhoknows saying gold was going to $2k an ounce or something stupid like that. Hahahahah
The PIIGS are in much worse shape than us.
positivecarry, you do realize that california is the seventh (sorry might be off by one or two) or so largest economy in the world? dream on.
and that states are separate? and can't declare bankruptcy?
good times. good times.
Alp, was this Mendy's apartment?
gmf -- what would your roommate think if he knew this was what you were doing every night?
AR,
Yes, I do know that. What does that have to do with gold dropping $200 and the dollar getting stronger? I know their finances suck, but they make movies, and iphones. Greece has a Union for prostitutes, who just went on strike because Russians undercut them on price. I'd say we're holding up better than Spain, which has 42% unemployment among young people.
"Alp, was this Mendy's apartment?"
I have no idea who Mendy is.
I am.
> I'm not going to get into another pissing match with you loser.
Then why do you start them?
Being called names by geniuses like alpo is a compliment.
And there goes the conversation....
Bottomed? RE developers are champions in surviving. Let them be champion in 2010 when they will tank!
Crain's just reported that commercial sales are down 97% in $$$ volume.
ouch.
The bottom has offically been marketed.
nice
Everything is fine guys. The market is going up.
There are now bidding wars and properties prices are increasing. Everyone should buy before you're priced out....AGAIN.
Home values have been increasing all throughout the city. You'd have to be dumb not to buy now.