Quote:
Originally Posted by link
A neighbor did about the same thing as noted by the OP. The neighbor listed a place for about 3x the magic number per square foot compared to the 'hood and he sold it in about 2 months. It had been recently rebuilt and was gorgeous. I was happy to see that the market had rebounded enough so that the place sold as it says positive things about the local RE market place.
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Glad that the suburban NYC market (not NYC itself) still hasn't rebounded. Have some offers down on short sales, hopefully one will go through at a favorable ratio of expenses to rents...