kaulat

Sold on 09/30/2010 - $839,500 Wow, somebody got ripped the fuck off. ++++++++++++++++++++++++++++++++ The price was "$825,000" and changed to "$839,500" Yeesh. Talk about slack-jawed optimism. Hey dummy, you've been on the market for 13 months ...don't you think it's about time to get serious? What a delusional idiot. UPDATE: It gets worse. Remember his (waaaaaaaaaaaaaaay nicer) competition on Monrovia ? After nearly a year of market-chasing, that guy sold in March for $805,000 , a monstrous reduction from the original $1,055,000 asking price. Just why this obtunded fool on St. Joseph believes his hideous domicile deserves a $25,000 premium over the larger, significantly more impressive Monrovia house, I'll never know. +++++++++++++++++++++++++++++++++++++ The price was "$875,000" and changed to "$850,000" I have to give him credit for consistently lowering the price, but I've got bad news: on the very same day as his $25,000...

Rotten. That would be the only way to describe the latest ABS housing finance statistics for Tasmania. Sure they're up on last month and you can make statistics dance anyway you choose, if you're so inclined. Yet for the whole of 2010, Tasmanian housing finance commitments have not cracked 1000 in any month. Well what does that mean? August and September of 2008, in the midst of the global financial crisis, was the last time figures hit this mark and looked like staying there. And we know what happened next, Rudd and Swan tossed money out into the battlefield and their doe-eyed saleswoman, Tanya Plibersek, sold the cash bribes to the naive and inexperienced first home buyers. Thanks to that intervention, the figures climbed above 1000 and stayed there until January this year, when the bribe was withdrawn. Since that point Tasmanian housing finance commitments have continued in a bottom bumping trend, under 1000 per month. To put this in perspective, sub-1000 is a figure not con...

It’s only taken six weeks and I can officially get high on the smell of my own farts. This morning a North-West reader alerted me the local newspaper, The Advocate, had written a story questioning any housing shortage - going so far as to suggest there might be a bunch of empty houses around the state. I ran out and grabbed the paper, in the process half expecting pig poop to land on my head at any moment. Upon reading the article I found myself as pleasantly surprised as anyone could be in this situation – don’t kid yourself, the weekly Domain real estate lift out is probably the ventilator keeping this newspaper breathing. Now anyone who’s read this mangy mess of a blog would quickly realise The Advocate story had my fingerprints all over it. After all, it was only last weekend I drove a dagger into the heart of any spruiker cunning enough to suggest the North-West had a shortage of housing. And a month earlier I suggested Tasmania was currently building a new dwelling for every 1.84...

The status was "Sold" and changed to "Active" HAHAHAHAHAHAHAHAHAHA! Hat tip Morekaos ++++++++++++++++++++++++++++++++++++ Sold on 09/25/2010 - $680,000 Well that only took 19 months. After he writes a commission check to his worthless turd of a realtor, we're back to the 2004 price of $635,000 . But hey, at least he broke even and didn't lose any money on the deal, right? Uh, not so fast. Because last time I checked granite counters, recessed lighting, landscaping, custom wood decks and vinyl windows weren't free. So, yeah, this guy lost a big chunk of change. And it was all totally, completely preventable. During the last year and a half how many "low-ball" $750,000, $725,000 and $700,000 offers from "bottom feeders" do you think this greedy dimwit flat-out rejected? Can't you just imagine him, back in the halcyon days when he foolishly believed $930,000 was a reasonable asking price, not even sending counter offers and his hack ...

The Apple Fest is this weekend - so beware driving down Route 20 around Lafayette! The trees are magnificent this time of year - always are - and the sun feels so good after a day or two of rain. This is really a slow week, as I look at the numbers. There are currently 142 active listings in the Skaneateles area of the multiple listing service, of which 32 are in the village. Not a single home came on the market this week - I have to believe this is a first since I started this blog well over two years ago! Nothing was marked contingent, but a very lovely home out in the town with acreage was listed as pending. There are altogether then 26 homes waiting to close, some of which have been waiting a very long time, according to my records. Two properties closed this week - hooray! One was a lovely place - with acreage - that came down in price tremendously until it found its selling price in the mid-$300,000. Another property - also with acreage - found it right away and sold withi...

The first thing you need to know about real estate is you have no idea what your house will sell for. When mad drooling cretins, fuelled by debt, fear and delusion start moving in herds, your property might be the scene of growling and teeth gnashing. Several of these cretins may rear up, savaging each other with lashes of a bank's sharpest instrument - a loan approval. And at the end, chests will be puffed out as one side imagines their victory becoming BBQ folklore, while the other consoles themselves with a half-hearted, "it wasn't the house for them." Which leaves you sitting on a pile of money. The other scenario is no where near as exciting, there's no victorious party and only one loser. That's you, because no one gives a jack - about you, your house, nor what you think it's worth. Welcome to the reality of the 4x2 located in Somerset. Five months on the market, one failed auction, long sitting empty and the asking price of $383,000 becomes $289,000...

Days on Market: 324 I mean, why not just take it off the market? 11 months on the MLS and you've only managed a measly 8% price reduction...from a hilariously WTF asking price, no less. And that last price cut was seven months ago! Just give up the ghost, buddy. You're clearly not interested in selling, so pack up your stupid fish-eye lens and quit wasting our time. +++++++++++++++++++++++++++++ 2805 East 3RD St #14, 90814 WTF Price: $425,000 Beds: 2 Baths: 2 Sq. Ft.: 1,000 $/Sq. Ft.: $425 (The highest ppsft in this zip is $314) Year Built: 1974 MLS#: S596231 Source: SoCalMLS On Redfin: 30 days HOA Fine: $263 Down Payment: $15,000 (FHA) Income Requirement (4x income): $106,000 (FHA would probably be more lenient here) Monthly Nut: $2,900 (FHA) Description: Fabulous opportunity! This Belmont Heights condo is completely re-done in the highest quality. This property is turn-key and immediate occupancy is available. Upgrades include: Spectacular walnut kitchen with cove ceiling w...