The Eckstroms, a husband and wife development team have a great formula for success in high end residential real estate in Brooklyn, New York. We are talking about so far this year, five single family homes in Brooklyn, have gone to contract with asking prices in the $12M range.
The profile for four of the five homes are: large, historic homes, gut renovated and put back on the market at a very attractive markup.
The fifth home, located at 170 Clinton Street, in Brooklyn Heights, was formerly a 6,110 square foot, 10 family house, built in 1900. This five story house recently went into contract with a last asking price of $14M, the second highest price signing in Brooklyn, NY this year.
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Real Estate transactions are still going to contract with showings and due diligence that had been done before the coronavirus pandemic hit.
These days brokers and agents are strictly prohibited from doing any in person showings. The potential legal risk if heaven forbid, one of the buyers contracts the virus and becomes ill and passes away is immense. Hold harmless agreements and disclaimers may present an option, but it's better for now to just simply stay home and be safe. Many brokers are doing virtual tours of their listed properties. Everyone would agree here that only under rare circumstances will a buyer purchase a property sight unseen.
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A comparative market analysis, also known as CMA or COMPs, is an examination of recent sales data of similar properties in the same neighborhood to help determine the current range in value and an asking sale price. A CMA is the best way to look at recent sales and other data from a few different perspectives such as sold, pending sales, expired listings and withdrawn from the market. Each set of data provides insights into the market in a neighborhood for a variety of property types such as a single family home, warehouse, multi family home, mixed use building, commercial building, vacant land, cooperative and condominium apartments.
The best way to calculate a property’s comparative market value is to look at recent sales data of similar properties. Based on the size of the house or building and the size of the lot it’s situated on and the sales date for
Read more...An estate property is the property owned by a person who is recently deceased or who may be going in to assisted living.
If you need to sell real estate in order to help settle the estate of a family member, having the right legal representation and right real estate brokerage representation is very important.
An experienced probate or estate planning attorney
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Whether you are a property owner planning on selling your residential, commercial or investment property in Brooklyn, Manhattan, Queens, the Bronx or Staten Island, you need every advantage possible to locate the best qualified buyers who are motivated to purchase your property.
Just a few weeks ago we at Accord Real Estate Group announced the launch of our latest website and mobile version. We continue to be a technologically advanced real estate brokerage company year after year. We are internet marketing experts dedicated to bring the absolute best exposure to our client’s properties to locate interested and qualified buyers.
Our company motto is Experience, Integrity, Results. What this means to our clients is a thoroughly professional, personalized experience with our real estate brokers and agents, who bring exceptional service and who have
Read more...The Brooklyn New York real estate market is hot. With values and sale prices reaching new heights in today’s market in many Brooklyn neighborhoods, we are clearly in an up trending market. This uptrend includes many property
Read more...This blog is a continuation in the series of blogs regarding the actual business of the real estate brokerage business.
In real estate brokerage there are two sides to a transaction, i.e. the listing side, where a broker is hired to represent the seller and their interests and the selling side where a salesperson works with the buyer to find a suitable property for that buyer’s needs.
For the purposes of today’s blog, we are focusing on the listing or marketing consulting side of a real estate transaction and what that job entails.
It may take several years to acquire the necessary
Read more...Have you ever wondered what your property value is in today's real estate market? At Accord Real Estate Group, we pride ourselves on the accuracy and reliability of our BPO reports, property valuation, appraisals and market evaluations.
There are several types of reports that we use to
Read more...There are so many real estate brokerage companies doing business in Brooklyn, NY today. Many companies are reputable but unfortunately many companies are not.
The business of real estate brokerage today in Brooklyn New York or any other requires outstanding communication skills, a keen understanding of the market and how to keep your transactions on track and everyone involved positive and confident in the outcome.
When searching for the right brokerage company to be hired to handle the marketing and sale of your real estate assets for the best price it is crucial to choose the right Real Estate Broker / Agent. Ask yourself the following critical questions that property owners need to ask before choosing your broker.
Is the Real Estate Agent from that company
Read more...Whether you are a a property owner or an experienced investor who is planning to sell a property we have the following top 9 real estate tips for you. We hope that you will find them useful.
1. Make absolutely sure that all parties involved in the decision making
Read more...Over the last 10+ years many young families have come to recognize the charm of a jewel of a neighborhood in Brooklyn called Windsor Terrace.
Real estate prices have steadily climbed upward, but are still considered lower than nearby Park Slope. You can find a studio coop apartment in Windsor Terrace for around $250,000, a limestone or brick townhouse in the $1.5M to $1.8M price range, or a mixed use (storefront with residential apartments above) building for approximately $2M.
The housing stock in Windsor Terrace
Read more...The Dime Savings Bank building, on the Fulton Mall, just down from Juniors located at 9 Dekalb Avenue is for sale. This property is clearly one of the crown jewels of Downtown Brooklyn Real Estate.
Building owner and current occupant J.P. Morgan Chase hired Cushman & Wakefield as the exclusive real estate broker on the property. One Cushman & Wakefield associate James Berluti said that "this is a rare opportunity for an investor
Read more...If you read our blogs you know that as Brooklynites Anna and I truly enjoy the uniqueness, history and wonderful energy and diversity of Brooklyn New York neighborhoods. We as real estate brokers marvel at the tremendous demand and interest there is in Brooklyn Real Estate.
We at Accord Real Estate Group are proud to say that our services are sought after by and respected by property owners who reach from one end of Brooklyn to the other. At any given point in time we handle the marketing and sale of properties in Sheepshead Bay, Fort Greene, Bedford Stuyvesant, Stuyvesant Heights, Midwood, Homecrest, Red Hook and East Flatbush, just to name a few.
Many years ago when I worked for another brokerage company,
Read more...As a kid growing up in Brooklyn, I first saw this truly unique and fairytale like home as a teenager. I didn't know then, that I would become a real estate broker, but I loved showing this curious and unusual home located at 8220 Narrows Avenue in Bay Ridge to my friends, from the outside, of course. We called it different names and one name is the gingerbread house.
Now, many years later this wondrous homemade of natural rocks and boulders, with an Arts and Crafts style architecture is on the market to be sold and has an asking price of $10.5M. This one of a kind home
Read more...Clinton Hill Brooklyn is a neighborhood that is not only situated at one of the highest points in the borough, but is flying high with charm, sophistication and an incredible diversity of people, restaurants and things to do.
Clinton Hill is home to The Pratt Institute, located at 200 Willoughby Avenue.
Read more...Carroll Gardens, Brooklyn NY was always a low key, lovely and quiet neighborhood that has many charms but did not have the allure of Cobble Hill or Park Slope. The Carroll Gardens boundaries are Degraw Street to the North, Hamilton Avenue to the South, Hicks Street to the East and Bond Street to the West. Carroll Gardens today has become a neighborhood of young urban professionals and young families.
There are still many signs of the old Carroll Gardens with a distinct Italian American flair. Some of the established Italian
Read more...Crown Heights Brooklyn is a neighborhood of cultural and religious diversity, of century old Brownstones, of new glass and steel Loft buildings, of Brooklynites that have been here for decades and now becoming a neighborhood with many young families, young professionals and artists.
Crown Heights is an architecturally rich neighborhood with a housing stock of brownstone, brick and limestone townhouses on blocks and blocks of gorgeous tree lined Streets. In the Botanic Garden Greenest Block in Brooklyn contest,
Read more...Kensington Brooklyn New York is a neighborhood known for its diversity with residents from dozens of countries and where at least 20 languages are spoken. Today, Kensington is becoming popular with young professionals for the simple reason that it is one of the last affordable neighborhoods before you get to Windsor Terrace, Park Slope and Cobble Hill.
The housing stock in Kensington consists of wood frame Victorian homes as well as brick and limestone row houses. Along Ocean Parkway there are many pre-war and post war Co-op apartment buildings. The price range for residential property in today's real estate market in this lovely, tree lined Brooklyn neighborhood is as follows: One family homes are in the $725,000 to just under $1M range, two family homes and multi family homes are in the range of
Read more...When representing property owners in the marketing and sale of their Brooklyn property the most direct answer to this question is of course exceptional results and outstanding service. Beyond the obvious qualities that make for the best real estate brokers are the following that will ensure even the toughest client's satisfaction:
1. Superior real estate market and product knowledge will always separate the best brokers from the rest. Knowing what is selling and for how much is crucial information for a client to hear from their broker. Being knowledgeable about neighborhood trends
Read more...Just stroll up and down the tree lined streets of this wonderful Brooklyn neighborhood, very close to Prospect Park and you will be very pleased to see magnificent housing stock of Romanesque Revival, Colonial Revival and Neo-Federal style Limestone, Brick, Brownstone and Victorian homes. Priced out of nearby Park Slope and Crown Heights, many people looking to purchase a house found that Prospect Lefferts Gardens offer great value homes with terrific amounts of living space, gorgeous period details and nice backyards to plant, play or just relax in. The neighborhood of Prospect Lefferts Gardens is bordered by
Read more...or Happy Thanksgivukkah as it has been playfully nicknamed this year. The first day of the eight day festival of Hanukkah falls the day before the secular American holiday of Thanksgiving. This once in a lifetime convergence between the two holidays won't happen again until the year 79,811.
We are deeply grateful and thankful to our clients who have placed their trust in us and our real estate brokerage company and listed their properties for sale with us.
We have also had the good fortune to work with other professional real estate companies,
Read more...The Gowanus neighborhood situated between Park Slope and Carroll Gardens is gradually becoming gentrified and attracting the attention of investors. Large developers have been land banking commercial properties hoping for a rezoning of the neighborhood and thus allowing mixed use and residential projects to take the place of old warehouses and loft buildings.
Two developers named Aaron Lemma and Asher Abesera formerly with Two Trees Management have purchased 68 and 80 Third Street (The former New York Vitrified Tile Co. building) off of Hoyt Street with the intention of creating boutique office space and artisanal shops. The location of these buildings is excellent, as a connecting street between Park Slope and Carroll Gardens.
Another project
Read more...On May 17th of this year we posted a blog on the popularity of residential real estate in the Brooklyn neighborhood of Bedford Stuyvesant with young home seekers and renters. As a result of this trend Commercial real estate in Bedford Stuyvesant has become very attractive to real estate investors and developers who want to accommodate newcomers to this neighborhood. Weissman Equities has just purchased 426 Bainbridge Street, a mixed use building where renovations will soon be under way. The retail mix for this Bainbridge Street property has not been decided yet. According to
Read more...We frequently write blogs about how wonderful Brooklyn, New York is to live in, work in, have fun in and invest in. Developers, investors and retailers seem to have fallen in love with Brooklyn New York and many of her incredible neighborhoods, such as Bedford Stuyvesant, Prospect Heights, Clinton Hill, Boerum Hill, Cobble Hill, Williamsburg, Bushwick, Bay Ridge and Red Hook just to name a few.
Sales figures indicate that in the investment property category of property types 498 buildings were sold in 362 transactions in the first half of 2013 and for the same period last year 426 buildings were sold in 301 transactions.
There has been a 21% increase in multi family property sales in the first half of 2013 and an increase of 36% of development site sales
Read more...In our blogs we occasionally like to glowingly describe some of Brooklyn's many amazing neighborhoods. The subject of today's neighborhood blog is Boerum Hill. There is an incredible variety of homes for sale in Brooklyn, NY.
Read more...While a lack of a listing inventory of properties for local Brooklyn Realtors and real estate brokers to sell continues to be a problem, according to The Real Estate Board of New York in a recent published report, Brooklyn residential sales prices and activity are up.
Comparing the number of residential sales in first quarter of last year to the first quarter of residential sales this year, Brooklyn showed a 21% increase or $1.6 Billion while residential sales in New York City was up 23.4% or $8.1 Billion.
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The sadness of a loved one passing away is unmatched. Sometimes there is an additional burden of having to deal with the sale of the loved ones real estate property. This is where our experienced real estate professionals are here to help you and your family and lessen the weight of this important matter at this most difficult time. Professionalism and Compassion are the core of how we help our clients when selling estate properties.
Having marketed and sold hundreds of estate properties over the course of many years, we at Accord Real Estate Group have the experience to insure the sale of the property will be smooth and with least amount of distress for you. We are experts at the appraisal, marketing and sale of estate property.
The brokers and agents at Accord Real Estate Group bring solid guidance and close
Read more...How to decide on which Real Estate Company to Hire
The National Association of Realtors show through the years that 80-90% of property owners who sell their property worked with Real Estate Brokerage companies. Experienced realtors will achieve a much higher sale price for their client’s property compared to the sale price by the property owners on their own. What are the reasons for this high percentage of success that sellers have with experienced realtors?
1) The majority of real estate brokers and agents take pride in their profession and have years of valuable experience.
2) Many realtors are technologically savvy and have all of the latest gadgets to access information and communicate with buyers and sellers instantly.
3) Many real estate companies have a hardworking, dedicated staff of brokers and agents who provide personal attention to their buyers and sellers.
4) There are a select few real estate companies who have a custom built real estate website that is not a boiler plate web site and that truly communicates their company’s goals and message to their clients.
The above is true for many real estate companies and their brokers and agents. Now, you need to decide who to choose to be hired as your real estate broker to handle the marketing and sale of your most valued asset - your home and or your investment property.
The answer to this question is, believe it or not, relatively simple.
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There is no doubt that the housing market in Brooklyn New York has improved over the last 2 years. Sales of residential, commercial, mixed-use and investment properties have increased. However, many Brooklyn neighborhoods have a low inventory of properties available for sale at this time, especially Brooklyn neighborhoods in the Northern section of the borough such as the neighborhoods of Williamsburg, Greenpoint, Bedford Stuyvesant (Bed Stuy), Bushwick, Clinton Hill, Downtown Brooklyn, Brooklyn Navy Yard, Brooklyn Heights, Fort Greene (Ft Greene), Prospect Heights, Carroll Gardens, Cobble Hill and Boerum Hill. These Brooklyn neighborhoods are in very high demand for housing and investing because of their close proximity to Manhattan (NYC) and their uniqueness of character.
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Accord Real Estate Group is a licensed Brooklyn real estate broker that specializes in representing property owners in the marketing and sale of their Brooklyn real estate properties. The property can be a house for sale, commercial property, mixed use or investment property, land or development opportunity, co-op apartment and commercial or residential condominium for sale.
The services that we provide our sellers with are extensive including
Read more...When you are planning to sell your Brooklyn New York property for the highest, yet a realistic price, it's best to get advice from experienced Real Estate Brokers and agents. Please keep in mind that your property is worth, the most that the real estate market will bear at any given point in time, according to where the property is located (location, location, location), what the property type is (residential, commercial, mixed use, co-op, condominium, vacant land or a development opportunity) and what the current market conditions are in your specific neighborhood in Brooklyn.
Read more...As Brooklyn Real Estate Broker for 25 years and Broker/Owner of Accord Real Estate Group I would like to share with you my understanding of the disappointing year to date sales statistics in Sheepshead Bay, Brooklyn. Even though the recent sales data for residential real estate indicates a decline in total sales from 78 in 2011 to 63 in 2012 for the period between May - August 2011 and May - August 2012, the sold prices have held steady for residential real estate in Sheepshead Bay Brooklyn, which is a good news. The breakdown for 2011 sales is as follows: 1-3 family homes - 28 sold, co-ops and condominiums - 50 sold. The breakdown for 2012 is 1-3 family homes - 22 sold, co-ops and condominiums - 41 sold.
Sheepshead Bay is one of many Brooklyn Neighborhoods that we service. The residential real estate market in Sheepshead Bay
Read more...In the last six months, Accord Real Estate Group, which primarily markets and sells an inventory of residential, commercial, mixed use, investment and development properties, has successfully sold most of their inventory. We are experiencing a noticeable increase in the number of transactions in all property types and investment opportunities. It is a clear indication that the Brooklyn Real Estate market is showing signs of improvement. We just closed on a lovely, brick two family house in good condition in Gravesend, where the purchaser's interest rate on their loan
Read more...With Spring just around the corner, many Brooklyn home owners want to know about recent market changes regarding their Brooklyn property values. A home owner may want to know if the substantial number of short sales or foreclosures that are taking place in their neighborhood and surrounding Brooklyn neighborhoods will effect their home's value. Other homeowners who are more knowledgeable about the Brooklyn real estate market want to know if the real estate cycle trending down for the past 3-4 years has come to an end. Has the market finally stabilized or are we headed for a further decline in home values?
Read more...The vibrant and diversified Brooklyn Real Estate Market is not a recession proof market. Experts and everyday people agree that the poor condition of the economy has had a dramatic effect on the housing market. The Brooklyn Real Estate Market has experienced a downturn in property values for some time now as well as in other US cities. Some homeowners who can no longer meet their monthly mortgage payments for an extended period of time because of hardship, i.e. due to job losses or reduced income, medical emergency, etc. face the possibility of their property going into foreclosure, where the bank takes back the property to be sold.
Read more...Whether you are searching for a reputable and reliable Brooklyn realtor to give you an accurate opinion of your home's value in today's market and to assist you with the sale of your property or if you are planning to purchase a house, commercial property, mixed use building, vacant land to develop, a condominium, a co-op apartment or a multi family property Jeffgrandis.com might be your #1 web destination on the internet. We have in our company inventory real estate listings that have good value for what they are, where they are and for the kind of market that we are currently in. For example, we are now offering 2 parcels of vacant land at a very reasonable price with great zoning for development in Clinton Hill, a very desirable and up and coming Brooklyn neighborhood. Also in our inventory of properties for sale is a large brick vacant 4 family house with good income potential at a very reasonable price located in East Flatbush. This property is perfect for a handy, do it your self investor looking for a low risk high return first investment property or an investor with a large portfolio of properties. We also have several listings of great values in co-op apartments for sale. One apartment is completely renovated and 2 blocks from the beach in Brighton Beach.
Read more...With its amazing choice of neighborhoods and lifestyles, shopping and transportation conveniences, majestic parks, a rich diversity of architectural styles, world class entertainment and dining choices Brooklyn NY real estate has become the number one choice for home buyers, business owners and investors to buy real estate properties. At Accord Real Estate Group we are proud of our long standing track record of excellent results in representing sellers and assisting buyers with their sale or purchase of Brooklyn New York real estate. From Sheepshead Bay to Bensonhurst, from Dyker Heights to Sunset Park, from Brooklyn Heights to Windsor Terrace, from Manhattan Beach to BoCoCa and many other Brooklyn neighborhoods, we at Accord Real Estate Group know Brooklyn NY real estate and we know that you deserve only the finest personal attention from experienced real estate brokers and agents when you are planning to sell or to purchase a property. If you are planning to sell real estate in Brooklyn New York you can rely on us to bring you the best price possible in today's market. If you are planning to buy real estate in Brooklyn NY for the 1st time, shopping for a Brownstone, Co-op, Condominium, Brooklyn Townhouse or if you are an experienced investor looking for a multi family, mixed use or commercial property or if you are a business owner, looking for a building to set up your business, we listen very carefully to your needs and expectations to find just the right property for you. In addition to our brokers and agents we are working with a wide range of professionals, who can assist you with every aspect of preparing to sell or to purchase real estate properties in Brooklyn NY including cleaning out and cleaning up a property in preparation to sell, staging and making necessary renovations to make the best 1st impression when showing your property, real estate attorneys, movers, mortgage brokers etc.
Read more...Residential property sales for the first quarter of 2010 showed bright spots in several Brooklyn neighborhoods, based on the business transactions made through the efforts of Accord Real Estate Group. For example, a detached brick two family house in Sheepshead Bay, sold in one week at full price, and there were many other interested, qualified buyers in need of a good house. Another example is a brick 3 family house in Bensonhurst, that sold relatively quickly at close to asking price and again there were many other qualified buyers interested in this house. Still another example of a Brooklyn neighborhood bright spot is a handyman's special brick 3 family house in Ft Greene. The house is located just 2 blocks from Fort Greene Park on the Myrtle Avenue side of the park and it was sold relatively quickly for a great price considering the amount of work needed to bring the house up to good condition. These sales, in my opinion as a Brooklyn Real Estate Broker, are a direct indication that the Brooklyn Real Estate Market is improving.
Read more...The Brooklyn Real Estate market in 2009 was a year that most if not all brokers, agents and realtors are glad is behind us. As a broker for 22 years selling Brooklyn Real Estate in many Brooklyn neighborhoods, I've seen in the last year that few Brooklyn neighborhoods saw any price increases in property values. For most Brooklyn neighborhoods, since we have been in a downward trend price wise, for the last 3-4 years prices remain at the lowest level since last real estate boom. While the 2010 Brooklyn Real Estate Market is expected to bring an improvement in sales volume, meaning, there will be more people selling and buying properties, I do not foresee an increase in property values yet and commercial property sales will still be slowed. Most mixed use and commercial properties will be difficult to sell in this overly cautious lending environment and slow business forecasts.
Read more...In the Real Estate Brokerage business having a great team behind you is crucial to one's success in properly and professionally servicing clients and customers. Jeff Grandis, a Real Estate Broker/Owner at Accord Real Estate Group has the good fortune of being the leader of a great team. The most important member of Jeff's team is Anna Kader, a Real Estate Broker and co-owner of the company. She is an incredibly bright, focused, professional and thoroughly pleasant person. Anna, originally from Russia, has been in the United States for over 20 years. A former A.V.P for Citibank, Anna has a very strong technical computer background as well as a strong background in customer service. In the Real Estate Brokerage business for over 7 years, earning her Real Estate Broker's license Anna has an unusually strong knowledge and passion for real estate. Anna and Jeff work very carefully and thoroughly in researching prices and trends in sales of Brooklyn properties to give their clients the most up to date and accurate information to base their pricing decisions on. A strong exposure for the properties always increases the odds of getting more showings to qualified buyers and in return more opportunities to receive written bona fide offers. Anna's strong computer background benefits our clients dramatically. She posts our client's properties on multiple websites popular on the major Search Engines, including Jeffgrandis.com to maximize the exposure to the marketplace.
Read more...Please visit the Brooklyn Neighborhoods individul pages on our website to get detailed information for: Bath Beach Bay Ridge Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Boro Park Brighton Beach Brooklyn Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Downtown Brooklyn Dumbo Dyker Heights Flatbush Flatlands Fort Greene Fort Hamilton Fulton Ferry Georgetown Gerritsen Beach Gowanus Gravesend Homecrest Kensington/Parkville Madison Manhattan Beach Marine Park Midwood Mill Basin Park Slope Prospect Heights Prospect - Lefferts Gardens Prospect Park Red Hook Sea Gate Sheepshead Bay Sunset Park Williamsburg Windsor Terrace
Read more...The fact of the matter is according to Jeff Grandis of jeffgrandis.com when working with a buyer a professional real estate broker must take the time to get to know that buyers needs in terms of what they can afford to spend, the amenities of the home and most importantly the location of the home". Is that home located near schools, houses of worship, transportation, shopping, fishing boats, beaches, libraries, a bicycle path, jogging trail, restaurants and cafes, night-clubs or other families with young children for their kids to play with? As a Real Estate Broker for over 25 years Grandis says we don't just sell buyers the walls, ceilings, floors, room sizes, a certain architectural style home, kitchens and bathrooms. We are selling them a lifestyle that is just right for their individual lives and unique needs. It is not an easy task, but its very gratifying when you can put all the right elements together for your buyers. For more information on selling different lifestyles or any questions regarding selling or buying Real Estate in Brooklyn New York call Jeff at 1-917-804-3198 or e-mail.
Read more..."What a difference a year makes", states Jeff Grandis of Accordrealestategroup.com. Last year at this time both buyers and sellers were completely confused about the change of market forces from a seller's market to a buyer's market. As a result many buyers sat on the fence and did not buy, thinking that the market will finally crash and prices will tumble. Well, according to Jeff Grandis in fact there was a price adjustment downward in many Brooklyn Neighborhoods. The adjustment was as much as 15% in some neighborhoods and less in others. For example, Midwood, Madison, Gravesend, Homecrest, Sheepshead Bay experienced a significant price adjustment. The downtown neighborhoods of Dumbo, Park Slope, Fort Greene, Clinton Hill, Carroll Gardens, Cobble Hill, Boerum Hill, Brooklyn Heights, Williamsburg and Greenpoint underwent a less severe downturn in price. Many sellers realized that the time of tremendous increases in price for their properties was over. Now, if a seller wants to sell, they have to be much more realistic about their expectations price wise says Grandis, who has been listing and selling Brooklyn Real Estate for over 19 years. According to Jeff Grandis, 2007 should be a much better real estate market. Now most sellers and buyers understand the changes that the Brooklyn real estate market have undergone. It was like a big storm, and now there seems to be a welcome calm. Sellers now know that they have to be realistic about price and buyers now know that prices have stabilized so if they need to buy, now it is a great time.
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