Noah UrbanDigs also sees an uptick similar to Bellmarc president

Started by steveF

over 17 years ago

Posts: 2319

Member since: Mar 2008

Discussion about

For what its worth, I am seeing an uptick in demand on the buy side for the past week or so but it is way too early to tell if it will hold or follow through via confidence in bidding levels. Some brokers I am talking to are also reporting a pickup recently. I generally don't feel comfortable devoting a piece to topics like this until I see the pickup sustain itself for a minimum of 2-3 weeks; so lets just take this as a grain of salt. It is very likely that bids will still come in 15-20% below peak levels and price in near term 'downturn risk' that is perceived to be ahead of us. Time will tell....UrbanDigs

Response by tech_guy

over 17 years ago

Posts: 967

Member since: Aug 2008

happyrenter: If you keep reading that my conclusion is that NY will go up, just like San Fran, you need to keep reading (or give up and accept that you're too biased on the matter to understand conflicting arguments).

I never said real estate will go up. Not once, in all the time I've been posting here (go ahead and search if you'd like). You keep asking me to give proof of what I do believe - what's the point? Clearly you're incapable of objective discussion on the matter. You don't even realize that I don't expect Manhattan real estate prices to go up.

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Response by Rhino86

over 17 years ago

Posts: 4925

Member since: Sep 2006

If there is anything more lame than a bear without an argument, its someone without the balls to be a bull or a bear without an argument. You are really a waste of space, ad hominem.

Noah UrbanDigs also sees an uptick similar to Bellmarc president

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