This weekend, the NY Times detailed how a couple moved from their Brooklyn home in 2006 (making a big profit in the sale) to NJ when they adopted a baby from China... only to move back to Brooklyn this year when they realized as nice as NJ was, it still has high real estate taxes (which might be worth it if they had more than one kid) and everyone drives. Finola Keyes found their new home, a beautiful 5-bedroom Victorian in Prospect Park South on Brownstoner, over the summer and by September, they were back. They are even okay with the loss on their NJ home, given the markets; Keyes said, “In some ways it felt we lucked into this house, but I spent months stalking real estate Web sites. There was a lot of legwork and a lot of emotional energy.”
Brooklyn Boomerang: Real Estate Website Stalking Pays Off
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"It puts more of a burden on New York — puts more of a burden on 49 other states."
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