Daily Archives: January 22, 2009
A spec house sells!
My brother Gideon alerted me to a contract that was reported late yesterday afternoon – we both missed it. Jordan Saper’s spec house at 80 Perkins Road, listed at $7.995, has found a buyer (Herb Erlich was the buyer’s rep … Continue reading
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Hamptons’ sale prices
A commentator mentioned that prices in the Hamptons have remained steady. I thought I remembered reading the opposite and, while I couldn’t immediately put my finger on that particular article, I did find this blog that says otherwise.
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Remind me again how much Chris Dodd collected from his banking friends
Own a bank? Have some loot. Here’s a list of who’s getting what. My favorite? Bar Harbor (Maine) Bank & Trust, $18,700,000. Those of you with long memories will recall that when our elected and bought politicians decided to rob us … Continue reading
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Why so few tears are shed for redundant Wall Streeters
Take $10 billion from taxpayers like us, pay yourself $15 billion in bonuses for bankrupting Merrill Lynch. When your house sells for pennies on the dollar, you bonus baby you, remind me of your pain.
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Monica Noel changes name, reports for work as house cleaner
“It’s got to be done,” the brave former socialite says. “You want me, look for me in the ladies room at Round Hill Club.”
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Everything the left has demanded
No more secret prison camps, no Club Gitmo, wiretaps or surveillance of terrorists, according to our new president. This, he promises, will win back the respect of the world and make us safer. Fine. We know that Bush’s policies kept us … Continue reading
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Getting to know you?
Rumor has it that a real estate firm here in town is cutting its space in half and will be putting agents up, two per desk. That should be fun, but so far, no firm will publicly admit that it’s … Continue reading
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Okay, Mad Monkey, I’m sorry! I’m sorry!
“Prophet of Doom” blogger arrested, imprisoned by South Koreans.
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She should have asked to be Treasury Secretary
NYT: Taxes, illegal housekeeper derailed Kennedy Senate candidacy.
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Speak of the Devil …
I just posted about Warren Buffet and lo, here he is, saying, “what the heck do I know?” Which is kind of cool, actually – I’ve always admired the man and now I can say I know exactly as much … Continue reading
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Mtg. rates back over 5%
Bummer. But still cheap. Will they drop again? I sure don’t know – they experts said they would, but that was last week. GE’s down to twelve bucks and change today – not long ago, Warren Buffet thought it was a … Continue reading
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Not in my town they aren’t, by gum!
We’re surrounded by a sea of trouble, but, thanks to Mad Monkey and his tribe, Greenwich remains above that sort of nonsense. Here’s the news from outside our enclave: Jan. 22 (Bloomberg) — Home prices in the U.S. dropped the most … Continue reading
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Open house dreaming
I think that our market is still being filled with new listings that are over-priced. Part of that is the refusal of sellers to get real, some can be attributed to agents “buying” a listing by deliberately lying to would-be … Continue reading
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4 Weston Hill, Riverside
This is a nice house on a good street, nice pool, backyard, and all that. It sold for $1.650 in 2002 and was listed for sale again in 2008 for $2.495, which wasn’t the right price. That listing expired and … Continue reading
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54 Highview Ave. Old Greenwich
The owners of this house paid $975,000 for it in 2001, completely renovated it inside with new kitchen, baths and all that and put it up for sale in August, 2007 for $1.695. I thought then that that was a … Continue reading
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Off to see what’s out there
(10:32) It’s Open House Thursday, and there are a number of new listings and dozens of retreads available for viewing. I go forth out of a sense of duty, rather than any realistic expectation that I’ll find something notable to … Continue reading
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This is probably good news (for other parts of the country)
Housing starts drop another 16%, lowest rate since record keeping began (of this statistic, obviously, the Babylonians were busy with clay tablets eons ago). This country may still need a good five cent cigar – it most definitely doesn’t need more … Continue reading
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Hold that line, dammit!
In April 2005 this house on Tod Lane was listed for $2.795 million and sold five days later, via bidding war, for $2.905 million. Those were good days for sellers, bad for buyers – which makes me wonder, when Mad … Continue reading
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Arbor Rose Condo Sale
These units on East Elm Street set all sorts of price records when they were first offered back in 2004 and they obviously retain their appeal and continue to resist the price deflation that’s afflicting the rest of our housing stock. … Continue reading
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