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Brooklyn Real Estate Market Outlook 2010 for Residential Property Sales

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 the article)


Brooklyn Real Estate Market Outlook for 2010 for Mixed Use and Commercial Property Sales

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 the article)


Signs of Life in the Brooklyn New York Real Estate Market

Jeff Grandis, a Brooklyn Realtor for 22 years points out that across the spectrum of properties for sale in Brooklyn New York today, whether Commercial, Residential or Mixed Use, buyers are out there shopping for values and buying. For example, whether it is a 1,300 Square Foot 3 bedroom 2 bath Luxury Condominium in Brighton Beach for sale at $535,000 or a one family 3 bedroom 2 bath duplex home for sale in Midwood for $450,000, or an extra large 2 family 3 bedroom over 2 bedroom house for sale in Sheepshead Bay for $689,000,or a mixed use building with one store and one 2 bedroom apartment for sale in Flatbush for $499,000 there is plenty of activity from qualified buyers and deals are being made.

Grandis further points out that there are so many all cash investors out there hunting for deals and finding them at all price levels and property types. Now is truly a great time to buy. Even with the economy in a shambles and so much uncertainty and insecurity that exists in many peoples minds about what direction to turn in for a safe investment, Brooklyn Real Estate is still a solid choice for the long run. (Read the article)


Wow! So much Brooklyn Real Estate Information

“That’s right” says Jeff Grandis, a Brooklyn Real Estate Broker, who proudly announces the launch of a completely redisigned and upgrated version of his web site . The web site is very helpful and informative to both sellers and buyers of Brooklyn Real Estate. There is extensive information on many different neighborhoods, such as architectural influence, lifestyle information, school information and much more. Please visit the different pages at www.jeffgrandis.com or call Jeff Grandis at 917-804-3198, your lifelong Brooklyn resident and your Brooklyn Neighborhood Real Estate Broker. You can also e-mail to Jeff at jeff@jeffgrandis.com


Welcome

In the fascinating and fast paced world of Real Estate in Brooklyn New York, occasionally we like to step back and comment on community related issues, special events, neighborhood trends, the business of real estate and important and not so important news in the form of blogs. I have been a neighborhood Real Estate Broker for many years and I would like to share my knowledge of the Real Estate business with you. I hope that you find that the blogs we are posting on this page to be helpful and informative. Please feel free to browse through these blogs and respond if you wish to. I welcome your e-mails with constructive ideas and comments.

Thank You,

Jeff Grandis


Selling a Lifestyle or a Home or both?

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 buyer’s needs in terms of what they can afford to spend, the amenities of the home and most importantly the location of the home”. (Read the article)


A New Year, A Different Market ? Thoughts on the Real Estate market In Brooklyn, New York

“What a difference a year makes‿ states Jeff Grandis of JeffGrandis.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. (Read the article)


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Jeff Grandis offers expert advice on how to sell your property, free market evaluation of Brooklyn, New York Real Estate. Featured properties for Gravesend Brooklyn NY. Call for Brooklyn residential, investment and commercial property: Brooklyn New York real estate appraisal. To browse through Brooklyn Real Estate Listings please visit my page Listed Properties residential, commercial investment real estate and mixed use, houses co-op and condos homes for sale Brooklyn New York. Get your Complimentary Brooklyn real estate properties evaluation today from your local Brooklyn NY Neighborhood's Real Estate Broker or receive a Broker Opinion Letter or Broker's Price Opinion Report - BPO or a fully Certified Appraisal. Houses for sale in Brooklyn NY.