Monthly Archives: March 2009
Market wrap up, 3/30/09
No sales reported today but we did get a spurt of new listings just at the close. One Pheasant Lane, off North Maple, was last listed in 2005 for $4.795 and eventually sold in 2006 for $3.850. It asks $3.975 … Continue reading
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I did what?
Reader Krazy Kat sends this link to a New York Magazine article written by the guy who wrote the computer program that set traders free to play with securitized bonds. the rest, as we’re discovering, is history. Long, but entertaining … Continue reading
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Land Prices
I’ve written before about the collapse of land prices – a temporary collapse, I hope, while buyers regroup, get their bearings and regain the courage to invest in building a new house – and here’s an example illustrating at least … Continue reading
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New Listings?
A reader asked if people were still putting their houses up for sale or waiting out the current market. Good question, so I pulled some statistics. To my surprise, we seem to be adding new listings even faster than we … Continue reading
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It’s so damn hard to keep up with these wily Reds!
Remember when taking us off the gold standard was a communist plot, right up there with putting fluoride in our water? Now Putin and his fellow commies are proposing to return us to it. I know they’re plotting something, but what?
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Saab Story
Well darn. Saab is probably getting out of the production business. I didn’t like mine when they were made under General Motors’ ownership (quelle surprise) but the old ’96 two-stroke that required you to mix oil in the gas was a blast. … Continue reading
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Sparks of activity
28 Welwyn Road, off of Indian Head, has gone to contract today. Listing price is $3.650 million so that’s a nice sign. Good house, built in 2003 either for the present owners or they bought it from its builder but a solid … Continue reading
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Tanned, fit and rested, Walter’s back from Mustique!
And sending links so that anyone who wants to can check in on Patriot Bank’s insiders’ stock sales. (use stock symbol, PNBK). The CEO, Angelo DeCaro, seems to have been busy unloading shares, as has Marcus Zavattaro but Marcus, at least, has an excuse … Continue reading
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Return of the bumper sticker
My pal has made this sticker available at Cafe Express (see “bumper stickers” on right or click here. No, I don’t get any money from this and my friend is not planning on retiring on the proceeds. We both just … Continue reading
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UBS to fire another 8,000?
While we wait for Greenwich real estate news to appear – nothing so far this morning, except for the reappearance of a pathetic redo job that’s already dropped $1.5 million and probably has half its remaining price still to go … Continue reading
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Another Greenwich Avenue chain store vacates
According to Greenwich Gossip, handbag seller Coach has cleared out and off the Avenue. The Gossip sees this as good news and I sympathise with its wish that the old, local stores would return, but I don’t join in the joy. … Continue reading
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Al Gore reads this blog!
No, he hasn’t dropped the price of his 9,000 sq.ft. Nashville mansion – in fact, as far as I know, it’s not up for sale – but he did leave his lights on during the “Celebrate Civilization” hour last Saturday. … Continue reading
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Here comes the Trabant
News that Obama has fired GM’s Rick Wagoner doesn’t surprise me and, I suppose you can’t retroactively fire his predecessors of the past 40 years who guided GM to build cars that were poorly made and unwanted. Just as it … Continue reading
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A.I.G. – taxpayer money being used to bailout banks surreptitiously?
That’s what ZeroHedge is reporting. Exclusive: AIG Was Responsible For The Banks’ January & February Profitability Posted by Tyler Durden at 6:35 PM Zero Hedge is rarely speechless, but after receiving this email from a correlation desk trader, we simply … Continue reading
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Congress – it brings bad things to light
Courtesy of our elected representatives, incandescent lightbulbs will soon be banned and we will all have to use compact fluorescent bulbs – “CFLs”. You’ll love them. Here are some tips from the New York Times on adjusting to this inferior … Continue reading
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World ends – reporters, minorities hardest hit
Ethnic newspapers are suffering
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New York hits the producing class, again
As we knew they would, New York Democrats have decided on a special new tax on anyone earning $300,000 a year. But don’t think of it as punishment for achieving success – no, it’s better than that: “It’s a profound … Continue reading
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Uh oh – anyone know whether George Lindemann, Jr. is still in Miami?
Alysheba injured in stall last night, euthanized. Momma Lindemann is stiff with worry.
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Celebrate Civilization Hour coming up!
I have to go out for awhile (I’ll have my headlights on) but don’t forget to turn on all your lights tonight from 8:30 -9:30. Say thank you to Thomas Edison and for that matter, my great grandfather John Caldwell, … Continue reading
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Walt’s Round Hill Rd neighbor, Frederick Bourke
A couple of readers have sent along new developments in the Bourke bribery case. His lead lawyer has withdrawn from the case. I can only speculate, but the first reason that comes to mind as to why I’d withdraw from … Continue reading
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