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Calculated Risk: Home Buyer Tax Credit to be Extended

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Everything That Rises Must Converge

A few weeks ago I held an open house on Mother's Day. I'd always had good luck that day and I thought this particular house - 130 Raspberry in Camillus - was pefect for the day because it had a potential in-law apartment. I pictured people taking Sunday drives with "Mom" and stopping in to start the conversation about how she should move in and then maybe finish the conversation with an eventual offer. I am an optomist, but I visualized it all right down the line. Unfortunately, no one came. Bob and I discussed it going in to Syracuse later that day to his mother's house for the annual family gathering. I said that possibly people didn't take Sunday drives like they used to because of the gas prices (then about $3.65, I think) and he told me about life in the Czech Republic. There, the villages are closer together, people ride bikes, the amenities are not far. My friend Eva who is from Ehrlangen in Germany has always talked about the village life. So w...
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Made in the Shade: UPDATE II

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The price was "$875,000" and changed to "$825,000" Gee, that only took seven months. Poor guy. He really thought he would more than triple his initial 2002 investment. And now, after 552 days on market, it looks like he won't even double it. I'll try to hold back my tears. **************************************** The list price was "$995,000" and changed to "$875,000" Wow! Quite a price reduction! But before you get too excited and start thinking he suddenly found religion and will start pricing aggressively, it took him four long months to make this much-needed cut. In the grand scheme of things this reduction doesn't mean anything. All it means is the property was $120,000 overpriced. This jackass is less than a month away from his one-year anniversary on the MLS. That's a scarlet letter ("S" as in "Stale") any seller should fear. You think he'll wake up in time to beat the clock? Considering it took 34...
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Profiles in Delusion: UPDATE

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Remember this seller ? The status was "Off Market" and changed to "Active" I've seen some stupid sellers in my time, but this guy is right up there with the dumbest of them. He took his apartment off the market this May, and now relisted it in September. You just missed out on the prime selling season, you dolt! What the hell were you thinking? That the market would "come back" by the fall? How'd that wager work out for you? Worse yet, this mental midget relisted FOR THE SAME GREEDTARDED ASKING PRICE AS THE LAST TIME IT SAT ON THE MARKET UNSOLD . This seller has been begging since February 19, 2008, slowly watching his equity evaporate. And given the greed, ignorance and arrogance driving the pricing strategy (if you can call being a bull-headed dummy a "strategy"), it will likely remain on the MLS, asking an absurd $545,000 , until that kitchen comes back into style.
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