Monthly Archives: June 2009

First it was hot coffee, now machetes!

Proper thinking Englishmen outraged that 15-year-old boy purchased a machete over the Internet. Good Lord. By the time I was ten I was busy cutting down trees in our backyard with an axe, and I’m quite sure I brought a … Continue reading

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If it saves the life of just one child

From Overlawyered.com comes this story of pensioners barred from drinking hot coffee at their library lest it spill and scald a toddler. Sam Romeo was unavailable for comment.

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Bourke defense rests

He didn’t take the stand, which is standard advice from defense lawyers, but always a disappointment to jurors. It’s been hard to find much coverage of this trial, what with more important matters like Michael Jackson’s fatal drug overdose, but … Continue reading

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Dealbreaker reports Mark Madoff sighting

One of the two worthless sons was seen acting like an arrogant asshole in Nantucket this week. I wonder where he learned that behavior? More important, why does he still have the use of stolen money to spend on Nantucket … Continue reading

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So what’s the story with 58 Dawn Harbor?

A number of readers are curious how this came to be sold and so am I. It showed up today on the MLS marked “for reporting purposes only” meaning it was never really listed but the firm wants the credit … Continue reading

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Uh oh

I wondered about this. 272 Riverside Avenue, new construction, was bought in January 2008 for $3.850 million and put back on the market this past February for $3.875. I sold two similar houses just a few doors away in 2007 … Continue reading

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First half activity, by district

Single Family Homes. Active as per 6/3009, sales 1/01/09 – 6/30/09 GR: 505 active, 61 sold, $445,000 – $16.500 million CC: 71 Active, 29 sold, $525,000 – $3.8 million RV: 91 Active, 21 sold, $722,500 – $12.8 million OG: 92 … Continue reading

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New land listing

22 Cornelia Drive has been listed today for $2.570 million. I understand the thinking here – the owner paid $2.050 for it two years ago, razed the cottage that was there and spent a small or even a large fortune … Continue reading

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Stepping from the shadows of the B.E.T.

Ed Krumeich will accept job as Third Selectman. I’m sure he’d prefer to see Tesei defeated completely but even if Ed comes in last, as he has before, at least this time he’ll gain the loser’s prize of being permitted to … Continue reading

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More Nigerian email

Got this in the mail just now. I think I’m going to run it by Helen Davis Chaitman, just to make sure it’s on the up and up. If it’s legit and you want to join me in this quest, … Continue reading

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Dealbreaker: Bernie’s gonna be just fine

Darn it, they may be right. [I]t’s probably just going to be a lot of monotony, which will be boring but let’s be honest– he’s a 71 and the alternative, had he not run into some legal troubles, would’ve been … Continue reading

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End of quarter activity

This waterfront Riverside home was never listed but it sold today for $12.8 million. Not bad. Owner paid $12.5 for it in January 2004 but I do believe direct waterfront is the last best hope for anyone who wants to … Continue reading

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Madoff victims – cry me a river?

There are certainly some unfortunate tales of people who entrusted their money to Bernie Madoff only to have that trust betrayed. And then there are those like Helen Davis Chaitman, who seem less deserving of my concern. Today’s New York … Continue reading

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There’s a great, big beautiful tomorrow, ….

Home mortgage delinquencies double.

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All real estate is local but ….

Case Shiller Index doesn’t have anything encouraging to say about new home prices. Down 40 – 50% from peak, with more room to go.

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The tax man leaveth

As reported here yesterday, this will be Lou Caravella’s last term as tax collector. So far, Walter Noel has yet to take up this blog’s suggestion that he run to replace him but he’s probably giving it deep thought. The $95,000 … Continue reading

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Off to open houses – here’s Walt’s favorite poem to contemplate while I’m gone

          Hay for the Horses User Rating: 7.5 /10 (13 votes) – vote – 1 2 3 4 5 6 7 8 9 10     E-mail this poem to e friend     Send this … Continue reading

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Price cut

80 Birch Lane. Bought for $1.385 million in 2002, town 70% assessment $1.578, first price in March ’09, $3,295 million. New price today, $2.495. Getting there.

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New construction at 63% of ask

6 Loading Rock Rd, on the market since January, 2008 with an original asking price of $3.695 million, sold yesterday for 63% of that, or $2.350 million. Over a year ago a client asked me about this property and I … Continue reading

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Sex offender in Old Greenwich!

Police arrested one David Weil, a former financial advisor convicted of doing to a fifteen-year-old client what his peers do to older clients with impunity, at that hotel on Shore Road. I assume this is the guy, reported back in … Continue reading

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