Monthly Archives: October 2008

That should do it for this afternoon. Have a great Halloween.

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If you can’t move, improve your present situationIt’s all very well for me to suggest, as I do below, that this is the perfect time to take advantage of our economic mess and the uncertainty it’s created by buying a … Continue reading

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The month is (almost) upAbsent a flurry of reporting in the next 45 minutes, we’ll have seen just ten contracts for single family houses this month. That compares to 33 last October, which was not a banner month itself. So … Continue reading

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Real estate pricing theory, high-end style So let’s say that you paid $25.75 million for waterfront at 112 Field Point Circle in June of ’07 (the Old Victor Borge place, now missing his house). You decide that you may have … Continue reading

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Did you hear the Happy News? (From someone else’s column) ” For the nation, existing-home sales increased last month as buyers responded to improved housing affordability conditions” A cynic might describe “improved affordability conditions” as the bottom dropping out of … Continue reading

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Sales since September 1, 2008A reader asked what’s been happening to sales since Septemeber so I looked it up. Remember that some of these sales were contracted for as early as April so their price today might not match that … Continue reading

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With enemies like these, it must be a great ideaWe voters have a choice next Tuesday to call for a Constitutional Convention – no agenda beyond that, but all hell is bound to break out if citizens meet to discuss … Continue reading

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Conde Nast cutting staff. Readership and advertising is off and many people are cheering. Not me, because I have friends who work there, but I long since stopped subscribing. The comments to the article announcing the cuts all seem to … Continue reading

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Here’s a sad story:Murtha pleads for money to save his seat after calling constituents racists “We need to raise another $1 million to compete,” his campaign fundraiser Susan O’Neill wrote in the e-mail obtained by The Hill. “We need money … Continue reading

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I realize that different jurisdictions can have different lawsBut what law sees students arrested for hanging an Obama effigy when a Sarah Palin figure or or an effigy of a U.S. soldier is hanged with impunity?

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Well this isn’t going to pay for a house in Greenwich! Laid off Wall Streeters turn to bartending. On the other hand, this might: Wall Street execs say they won’t kill bonuses. I think that, politically, these guys are morons … Continue reading

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Now that it’s too late,CBS finally fact-checks Obama’s ass. And guess what? His numbers don’t add up. If he closes every loophole as promised, saves every dime from Iraq, raises taxes on the rich and trims the federal budget as … Continue reading

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Spec housesA reader asked for an updated figure on the number of spec houses currently on the market and I’m happy to oblige. Without examining each and every listing, I can only estimate, but I ran a search for houses … Continue reading

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Lower my price? Are you mad? Saw a couple of houses on the open house tour today that will never attract offers, in my opinion. One seller, according to the listing agent, had rejected her pricing advice and insisted that … Continue reading

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895 Lake Avenue I mention below a new condo on Suburban Avenue that seems to have been disposed of at or near cost. Here’s another builder who is apparently having second thoughts. BSF Builders, a very successful firm in town … Continue reading

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Here’s a saleAlways nice to see any activity, I suppose. 17 Suburban Avenue is a nice, brand new, free standing condo that was originally listed in May, 2007 for $1.695 million. It was reported sold today for $1.259 million. I … Continue reading

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Twin Lakes RevisitedWell this was a disappointment. I mentioned this new listing yesterday and today got to see what’s been done to it in the past 35 years. Not much, it seems. Instead of the waterfront I remember, all that’s … Continue reading

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Aaaghhh! The Gore effect strikes again!Snow blankets London during global warming debate Snow fell as the House of Commons debated Global Warming yesterday – the first October fall in the metropolis since 1922. The Mother of Parliaments was discussing the … Continue reading

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So, how’s the rental market?I’ve heard it said that the town’s just buzzing with young New Yorkers, snapping up our listings in preparation for buying next year. That’s nice. I also see this in today’s open house listings: $5,000/MO6 YEAR … Continue reading

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More on Joe State investigation of Joe the Plumber more extensive than first admitted A state agency has revealed that its checks of computer systems for potential information on “Joe the Plumber” were more extensive than it first acknowledged. Helen … Continue reading

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