Apologies

Apologies, I'm unable to post at the moment. Will return in October.

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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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Busto?

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You have to hand it to CommSec, while they might have deals in place to keep their logo, heads and voices, on TV and radio throughout the day, they never stop thinking of shameless ways to find free publicity and talk up the economy. I spent a few minutes pursuing CommSec's "State of the States" report this morning, authored by, yes, Craig James. I'll save you hunting this rubbish down, thus lessening the need to pour acid into your eyeballs, but a quick summation would be this: it's one of those reports designed to make everything look amazing and works exceedingly well if you're at, or just coming off, the peaks of a boom decade. Basically CommSec takes the decade average for economic indicators and compares them against where those indicators currently are. Whatever floats your boat, but it makes for the situation where even if your wheels are currently falling off, if you manage to have some economic indicators currently parked higher than the past decade ...
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