Monthly Archives: April 2008

If you want to contact my publisherIt won’t do any good, but if you’d like to send along your opinion to my former publisher about his firing me, : Mhersam@hersamacorn.com will reach him. I’m just about to email him myself … Continue reading →

Wall Street’s latest ScamThat would be, “auction rated securities”. These were financial instruments touted as ” just like certificates of deposit”, and carried as cash on the account statements of private investors. Turns out, of course, they aren’t, and now … Continue reading →

The beat goes onHouses are still selling, despite bad market news. All it takes is a good price. Joe Barbieri’s listing at 33 Meeting House Lane has gone to contract somewhere around its asking price of $8,995,000. When I previewed … Continue reading →

Fired!My publisher, Greenwich Post, has just fired me – according to the owner, it came down to a choice between my readers, who liked me, and certain real estate agencies who did not. The latter pays bills, the former does … Continue reading →

The Helmsley PalaceThanks to David Ogilvy’s impressive power of persuasion, he was permitted to open the doors of his Helmsley listing on Round Hill Road to all of us unwashed agents who are no more likely to have a buyer … Continue reading →

Down MarketMy friend John Cooke at Prudential has sent me some statistics showing that unit sales for single family homes are down 39% compared to last year. That’s a big drop, but from conversations with other brokers and my own … Continue reading →

Market StatisticsJohn Cooke at Prudential received a fair bit of flack a few weeks ago for allowing himself to be quoted by another newspaper as saying the market was pretty darn bad. As John points out, he didn’t write the … Continue reading →

MortgagesWe were actually doing pretty well this year in house sales: according to my friend John Cooke, at Prudential Ct, January 2008 showed a nice increase in sales from January 2007, but things have dramatically slacked off the past few … Continue reading →