I'm not so sure about this one

558 Lake Avenue

558 Lake Avenue, (link is to last year's sale, because the new listing hasn't posted pictures yet) which was bought out of foreclosure last year for $4.4 million, is back, unchanged, unimproved, at $6.5 today. The house has sat empty a long time and is being sold "as is", so all I can figure about this pie-in-the-sky price is that the seller is convinced it got a huge bargain last year and will make a fat profit on resale.

Fat chance. I'd guess $3.5.