Image Source: Ian Muttoo via Flickr.

As one of Southern Brooklyn’s more expensive hoods, a slight dip in Bay Ridge real estate prices over the last year should come as *slightly* good news for potential homebuyers, as reported by Guelda Voien for real estate website The Real Deal .

However, if you prefer an older, more historic home, just bear in mind that lower inventories are continuing to push brownstone prices up – potentially placing townhouse living outside the reach of even many upper middle class purchasers. Continue reading »