A rather pudgy Stephanie Brant is back on St. Barts, this time without her clinging son or that short fellow who claims to have kissed and made up. Just between us? This is one weird family.
Daily Archives: March 18, 2011
Our NCAA president finally gets tough with K.Daffy, once France takes the lead. This man is pathetic.
Priced at $2.999 million back in 2008. $2.329 for a building lot still strikes me as excessive. Not for these buyers, though.
Asked $1.495, under contract. Whatever.
I was out with a client just a few days ago and she expressed interest in this house, priced at $2.295. I told her she was nuts and wouldn’t show it. Under contract.
I think these are aberrations and that the market will continue to decline. But I’d hate to be one of those bears who predicted the bust of the dot.com bubble five years too soon – they lost all their clients because they cost them a fortune. Who wants to be right too early? But still, I do not understand these prices.
I just read that James Taylor, 63, broke his leg skiing in Utah. He’s got nine-year-old twin boys, it turns out (!) but is more concerned about the Japanese earthquake victims than his own health, for which I applaud him. But still, we just lost a family friend to a ski-tree collision in Sun Valley, so I worry about these things. Take care there, fella – I treasure your music.
Here’s an interesting article written by an American reporter who clearly knows Japan. He’s hardly a starry-eyed apologist for these thugs, calling them “tribal sociopaths”, but it’s still fascinating to read how, in a disaster, even the worst of the Japanese criminals have pitched in to help.
Forbes: Chevy Volt, the car from Atlas Shrugged Motors. Why is this frightening? Because if a dummy like me can see this boondoggle coming from a year down the pike, what the f**k are they doing in Washington and Detroit? These people, i remind you, are supposed to be ‘experts”.
Mickey Sherman reports to prison for tax evasion. I know Mickey slightly and always found him to be a likeable guy and I hate to see any non-violent offender go to jail – it seems like a waste of taxpayer money, to me. That said, I’ll repeat my earlier comment; what are the feds thinking, sending a criminal defense lawyer to prison? Mickey will be treated like royalty and will doubtless make the authorities’ life hell, drafting endless appeals for all his new friends. I think he’ll get the last laugh on this one.
This corner lot on Thornhill and Riverside Lane came on at $649,000 just eight days ago and already is under contract. The buyer’s agent represents a lot of builders and eight days is usually too short a period for all the usual inspections, mortgage contingencies etc., so I’m guessing it’s being sold to a builder with cash. That’s good news for the seller, of course, but bad news for buyers – for the past couple of years there’s been little competition from the builders and prices were reasonable for starter homes. That luxury may have ended.
UPDATE: I failed to mention that I represented the family of this seller some years ago: 2004, I think, give or take a year. At that time I gave a price opinion on the mother’s house (this property) of $650,000, so it seems that we’re back to those prices. Which surprises me, a little; I’d have guessed maybe $550,000. Sale price hasn’t been announced yet but such a quick contract suggests that I’m wrong. Hey – trust me at your peril.
I’m watching this mid-country house with interest, because it came on at $5.895 and dropped today to $5.495. 7,000 sq. feet , built in 2008, it’s a beautiful house, but to my eye, it struck me as over-priced for the neighborhood. But I could very well be wrong – it’s in the Husted Lane area and has the “right” schools (North Street and Central) and a location convenient to everything. In this business, you can make an educated guess but that’s all, and if this fetches close to its (reduced) asking price, then there will be a new data point suggesting that our high-end market is back. I’m rooting for the owners – don’t get me wrong – but I am definitely curious to see how it works out.