Falling out of Love

25 Mary Lane, Riverside, a 4.68-acre land listing with a wetlands problem and priced at $1,997,500, was reported under contract last October, but it’s back on the market today. There are lots of reasons for contract contingencies to derail a deal; often it’s financing difficulties, but I’m guessing that this one fell apart because of the swamp, and what consultations with our wetlands people showed what could done here. That’s just a guess, of course.

On a happier note, 29 Highland Farm, which just yesterday I reported had fallen out of contract, is back on track today (with a different buyer?), which is good news for the owner; we’ll hope that Mary Lane enjoys the same good fortune.