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	<title>Brooklyn Real Estate Q&#38;A and Info &#187; Brooklyn House Prices Down</title>
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		<title>Brooklyn Home Sales &amp; Prices Dropping Like a Rock</title>
		<link>http://sellahomebrooklyn.com/blog1/2008/07/brooklyn-home-sales-prices-dropping-like-a-rock/</link>
		<comments>http://sellahomebrooklyn.com/blog1/2008/07/brooklyn-home-sales-prices-dropping-like-a-rock/#comments</comments>
		<pubDate>Fri, 11 Jul 2008 12:51:11 +0000</pubDate>
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				<category><![CDATA[General Brooklyn Info]]></category>
		<category><![CDATA[Info For Buyers]]></category>
		<category><![CDATA[Info For Sellers]]></category>
		<category><![CDATA[Brooklyn House Prices Down]]></category>
		<category><![CDATA[Brooklyn House Sales Down]]></category>

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		<description><![CDATA[According to an article posted on the New York Post Website, home sales in Brooklyn have dropped sharply compared to the same time last year.  &#8220;They&#8217;re down a staggering 43.6 percent in the last 12 months&#8221; the article states.  The article futher adds that some of the hardest-hit neighborhoods in Brooklyn are Crown Heights, East New [...]]]></description>
			<content:encoded><![CDATA[<p>According to an article posted on the <a href="http://www.nypost.com/seven/07112008/news/regionalnews/kings_zinged_119411.htm">New York Post Website</a>, home sales in Brooklyn have dropped sharply compared to the same time last year.  &#8220;They&#8217;re down a staggering 43.6 percent in the last 12 months&#8221; the article states. <br />
<img src="http://www.sellahomebrooklyn.com/assets/dollar_down.gif" alt="Brooklyn House Pricing Drops" align="right" /><br />
The article futher adds that some of the hardest-hit neighborhoods in Brooklyn are Crown Heights, East New York and Bedford-Stuyvesant, where the number of sales dropped 53.7 percent and median prices plunged from $561,350 to $499,902.  </p>
<p>What does this mean for you?  If you plan on selling a property in Brooklyn it means that you&#8217;ll be getting less money then you would have a year ago.  If you&#8217;re serious about selling, putting your property up for sale at the correct price is essential.  For a comprehensive evaluation of how much your property is worth right now, fill out my <a href="http://www.sellahomebrooklyn.com/home_valuation_form.php">Home Evaluation Form</a>.  Its free and there&#8217;s no obligation.</p>
<p>If you&#8217;re planning on buying, it means a property in Brooklyn, in Crown Heights or Bedford Stuyvesant in particular, are more affordable then ever.  Its a great time to buy!  If you&#8217;re interested, use the form below to set up an appointment so we can get the ball rolling and get you into your new home.</p>
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