Streeteasy Condo Index

What possible benefits could there be to ownership if you still need to nervously mark your property to market every month?

300Mercer:

1. mainstream media cited SE April condo index for conclusion Manhattan market stalled in April
2. but reports were inconsistent and SE Index appears only slightly more reliable than a oujia board

rb, Last index value I see is March. Perhaps you mean media was quoting stalling in March. Agree that month over month SE condo index is noisy (with large outliers excluded which in the last few years has only resulted in large gains being excluded) but in the long run it seems to point to the right direction.

rb, In prime Manhattan, how much further gains do you think in next 1 year excluding new constuction (coop / old condos)?

300:

e-mail me through bookwornslh168@yahoo.com and identify who you are

bookwornslh168@yahoo.com

I'm sure you'll be able to tell him apart from c0lumbiac0unty. The former will sound really nervous about his finances and looking to sell. The latter will be raving mad.

Rb, Can you please repost your correct address?

300 Mercer:

1. it's a friend's, not mine
2. mis-posted it

3. bookwormslh162@yahoo.com
4. please indicate you're trying to reach me, rb345, from SE

Rb, still not good.

300Mercer:

300Mercer:

1. sorry
2. age and mental infirmity seem to be catching up with me

3. it is bookwormslh62, not 162
4. I hope to meet with some friends in the next few days to discuss the market and its direction(s)

5. you are welcome to join us