This is a well built house on a rather busy street but at the right price, decent shelter. It was purchased new for $1.3 million in 2004and when it was relisted for $1.850 in FFebruary 2008 I suggested that it wouldn’t fetch that price. For sharing that opinion in print, I was chastised by a the listing agent for “talking-down” the property. The agent seems to confuse, as does my little brother Gideon, the power of this blog – nil – with the power of the market place. Or not – perhaps there were dozens of buyers eager for this house who were turned off when I said it was over-priced. Whatever, three agents and lots of price cuts later, it’s now asking $1.275 and still hasn’t sold. And, while I hate t rub salt in the wound, I don’t think 2004’s price is going to be effective in the current market.