Green shoots, and then some, in condo sales
Started by pulaski
almost 16 years ago
Posts: 824
Member since: Mar 2009
Discussion about
"Corcoran Sunshine says its springtime open house event generated more than $30 million in accepted offers." http://www.crainsnewyork.com/article/20100412/REAL_ESTATE/100419982
I'm so glad that someone posted this...I love how easy it is to spin something that means pretty much nothing. These events started after the Lehman collapse, and this is the best one yet. Really??? Shocking...How about some details about cost/sq.ft. and how much lower these "accepted offers" are compared with previous sales comps. That might actually be helpful, opposed to a blanket "$30 million in accepted offers."
Is this really considered reporting?
haven't they been running the spring open house event for weeks? for about 20 condo developments? at a million a unit that's 30 units, or 1.5 per development, roughly. fewer if the average price was higher, and many of these weren't cheap developments.
"Corcoran Sunshine says its springtime open house event generated more than $30 million in accepted offers."
Sunshine sells the expensive stuff... so, what's that... 3-5 apartments?
wow, what a reach...
I think it said 11 apartments...
The NJ Nets have more wins than that this season...
11 mid-level apartments! pop the champagne!
And this is a once every SIX MONTHS EVENT! Thats an average of 2 per month! Case closed, buy now or be priced out forever!
i think the point was not the absolute $ amount, or # of units, but relative activity compared to the last two years...
I just think it's great that women are wearing pantyhose again.