February 04, 2009 11:41:59 AM
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Ryan McManus
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Behavior
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Rents!
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I've been looking for a new apartment in Brooklyn, and in the past 30 days I've noticed rents dropping like stones. Suddenly there are apartments in my pricerance at the edge of Park Slope that used to be in Sunset Park and Bay Ridge.
Not only that, but Realtor FEES have dropped. What once were a 12-15% sting have dropped to 10% or even one month. 2 realtors in the past week have offered to lower their fee without me even asking.
All in all, a very pleasant economic indicator for those of us who've been priced out of our old neighborhoods.
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339 5th st