Most of it jibes with what I’m experiencing. Just beware of clowns like Raul Vilas who’s touting his John Street farm auction for property “once valued at $36 million”. I’m sure even the original listing broker didn’t value the place at anywhere near that sum, so don’t be suckered into seeing a bargain where there’s been a huge price cut. Hell, by that reasoning, Greenways, now at $140 million, is an outright steal after its $50 million price cut from $190. It is not: watch for the next $100 million cut, and then you (might) have a deal.
September 30, 2013 · 11:06 am