Monthly Archives: December 2011
Buy land, they aren’t making it any more
But as an investment, sometimes not so hot. 83 Perkins Road, 2 acres with a teardown, was purchased for $2.3 million in 2003 and sold again today for $2.1 million. Owners tried asking $3.4 for it in 2008 but that … Continue reading
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Stupid is as stupid does
25 Beechcroft Road finally closed yesterday and we now know that an out-of-town broker convinced her buyer to pay $4.475 for it. Thank God for these foreigners (defined as folks from Westchester and Darien), they’re often the only hope sellers have … Continue reading
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Well, I’d say he got exactly the education you’d expect these days
One of the three useful idiots who showed at the Darien Flopccupy yesterday was a 20-year-old moron named Cole Strangler who attended Brunswick. Here’s his story, as related by a reader: The Occupy Darien only gets funnier and funnier. One of … Continue reading
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What if you held a demonstration and you had to bribe people to come?
“Occupy Darien” a bust today, (dis) organizer will hand out $1,000 down at Grand Central tomorrow to bribe fellow nut jobs to attend. She was, she claimed, willing to pony up $3,000 but was told it would be a waste of … Continue reading
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Sure, drag poor ol’ West Virgina into it
Defense lawyer for murderer blames in-breeding.
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But what if Yale had won the Game this year?
Yale football coach fired for padding (lying on) his resume. The guy went 16-14 in his tenure and lost the Harvard Yale game this year (and maybe in the years preceding – I don’t follow these things). I do wonder … Continue reading
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NAR revises sales figures for 2007-2010
Down 14%, average Zerohedge also adds this: Odd: no mention of the primary reason for the “rebenchmarking”, namely that the NAR is nothing but an advertising front for the US housing industry. No argument here.
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Sales price reported
32 Twin Lakes Road, a rather decrepit home at the bottom of Gilliam Lane, has sold for $6.6 million. That’s a far cry from the $14.995 its owner Stephen “Dildo” Dent asked for it four years ago, but it still … Continue reading
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Price increases in a declining market – why?
160 Bedford Road, a beautiful old (1937) house on 8 acres, sold for $3.3 million in 2007. The buyers attempted to flip it, without doing anything substantial to the house, for $5.295 in November that same year. Seven price cuts … Continue reading
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Here’s a decent buy, I think
31 Orchard Street sold yesterday for $948,000. Not a huge reduction from its 2007 purchase price of $1.160 million but the sellers had put in some substantial bucks in a generator, central a/c and that sort of thing so it’s … Continue reading
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I can’t have overpaid, I’m an expert!
85 Indian Head Road, land in Riverside asking $3 million, has been withdrawn from the market, presumably to await better times. The property is mostly wetlands with a cesspool (not a septic system) and was priced 50% higher than better building … Continue reading
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This should be fun
As I write (10:00 a.m.) the National Association of Realtors is coming clean on their double-counting of home sales and will release new, lower totals of existing home sales for the past five years. It won’t be pretty.
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I’m sure their mother warned them against this, but did they listen?
Man dies of overdose after eating cocaine hidden in his brother’s butt. No, not a cigarette.
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No luck on Leona’s Round Hill place
Expired unsold today – guess that happens when you pay $31 million for a property and then jack up its price to $55 million for resale. But here’s a curious thing: the tax records seem to show an assessment of … Continue reading
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Prosecutors with nothing better to do
Woman who offered sex for World Series tickets has conviction for prostitution overturned. Admittedly this happened in Pennsylvania where there is no crime but wouldn’t the taxpayers have been better served if their justice department employees had just ordered out for … Continue reading
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Beyond the Fringe
20 Carpenters Brook, a house so far out on our northwestern border that you must don a Mountie’s hat to visit, has been withdrawn from the market – last (short sale) price was $1.350 million. This place was never, ever … Continue reading
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Name change?
I’ve never much liked Fudrucker’s choice of name for this firm – among other reasons, I have no idea what “EBT” is supposed to stand for. So with the demise of Cleveland, Duble and Arnold, I’ve suggested to Frankie that we adopt that … Continue reading
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Downtown condo contract
101 Lewis Street, asking $989,000. I like the location of these units (corner of Lewis and Milbank) and they clean up nicely. Owner paid $1.1 million in 2005 and has an $880,000 mortgage so I wouldn’t say he made out … Continue reading
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Someone saw the value
22 Angus Lane, at $1.598 asking, just a bit over its assessment, has gone to contract. Owner is Helen Keller (true).
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If you’re blowing this clambake, better have done so by now
Blizzard’s fouling up travel. Daughter Kate came in from Albuquerque last night after only a two hour delay but she may have been the last traveller to have such an easy time of it.
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