And three accepted offers

The link to all three is here.

8 Dearfield Drive

8 Dearfield Drive

8 Dearfield has gone in just six days. It is 0.60 of an acre in the R-12 zone but, while that gives you a huge amount of buildable space under the FAR regs, the separate lot in the rear, the listing notes, cannot be built on. So go up.

115 Byram shore road also has found a buyer. Last asking price, down from $2.850 377 days ago, was $2.495.

And so much for my snarky comments about 48 Sunshine Avenue whose owners couldn’t sell it last year for $889,000 yet brought it back last week at $899,000. Gone already.

6 Comments

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6 responses to “And three accepted offers

  1. Anonymous

    links to Lake only

  2. D

    Sunshine just speaks to the dearth of possibilities in the price range… a year from now they’ll regret it when the trend fades.

    • Jury’s out on that, I think. My view is that you’re right – I could very well be too pessimistic, though. Long term, Greenwich real estate has done well for its owners. If the NYC financial industry doesn’t up and run, which it easily could, we’ll be okay. If.

  3. Mickster

    Dearfield was a no-brainer at that price

  4. The New Normal

    sorry to break it to all the housing bears out there, but

    deliquencies are declining:

    http://www.bloomberg.com/news/2013-02-21/serious-u-s-mortgage-delinquencies-fall-to-four-year-low.html

    existing home sales and building permits are rising:

    http://www.bloomberg.com/news/2013-02-21/previously-owned-u-s-home-sales-climb-to-4-92-million.html

    http://www.bloomberg.com/news/2013-02-20/work-begins-on-most-u-s-single-family-homes-in-four-years.html

    US total housing inventory (Existing + New) is the lowest since before 2000 and US total housing months supply at 4.2 is back to the levels of early 2000s and off from a peak of almost 12 in 2010

    but I guess renting still makes sense; I mean think of the fantastic gains you will make from the stock and bond market from these inflated levels – the Fed has your back no problem, even though what they are doing is by definition unsustainable….this time is different