Posted on 05/12/2007 10:12:37 AM PDT by Sleeping Beauty
It has changed hands exactly once in 850 years - sigh.
Missed opportunities.
Hey sportutegrl:
Zillow is really trying hard to be accurate. They are forming all kinds of new relationships with realtors looking at comps and so forth. The want to be the "google" of property values.
In any event -- I'm thrilled for you. You go girl! Make as much money as you can.
How come no one else wants to play nice?
Just kidding. Have a great day, dear ones.
I can’t help it; I’m very regimented :-).
just because one door is shut, doesn’t mean
there isn’t a window open somewhere.....
just keep your eyes open for it. ;)
Yeah, when the real estate market contracts to the point that we can buy a castle in Germany, a vinyard, and a VERY good Spaetlese label for the price of this cottage, we are out of here.
Dang. I am going to cry. snif.
;)
Anybody got a time machine? I am only off by 25 years, or so.
the fraud was when morgate bnroker sdecided it was ok to lend 500K to people earning 30K a yearr.
for the real unvarnished perspective of what is hapening to housing in America.....
http://thehousingbubbleblog.com/
There is a very similar home on one of the many streets that dissapear into the hillsides of Covington. Many years ago when working at a lumber supply business , we had a delivery to the place. Our driver went to the address, left, and went back down the hill to the nearest phone booth. He called the office and said, as I recall “ went to the address, but there is nothing there but a space ship”
Had me down for $152,000 and we bought it in 1999 for $127,000. Similar homes in good to excellent condition are selling around $170,000. We would have to do the minor repairs, painting, flooring and a couple of new doors to bring top dollar.
Very stable established neighborhood in a very poor school district. Mostly older couples, limited kids and most renters are known by the poor yard work. Sales & listings are typical for the larger market area.
Exactly.
If you hand out $1 million limit credit cards to everybody in America and tell them not to worry about making anything but minimum payments for 5 years after which somebody will gladly buy the debt they accumulated, milk would soon cost $57 per gallon and eggs would cost $3 each at the local supermarkets.
This was nothing more than an obvious Ponzi Scheme and the Democrats now want us, the U.S. taxpayers, to be the last "Greater Fools" to put money into it.
Zillow lost one of our bathrooms, but the price looks very close - as it should, since several of this model have sold recently. I think we’d get $10,000 or so more, because we have interior upgrades and a privacy fence that some the neighbors don’t have.
I hadn’t seen that overhead view before. We thought our lawn looked ghastly, but compared to most of those around us, it’s really green!
I agree with your observation. Core inflation is settling well into the desired Fed target, and the overall pattern of slowing indicators coupled with Bernanke's economic philosophy would suggest a late summer token move down. It will be nice if the Fed acts BEFORE it is too late for a change...
bump
While everyone is focusing on Lenders, and there was a mention of county property appraisals, No one touched on the very root of the problem.
It has been acknowledged that there are thousands of vacant houses.
Soooo, exactly why did prices keep going up?
Look to the one who sets those prices. The Realtors!!
And I would add the builder/developers in the same partnership with the realtors.
So exactly why is there not a congressional investigation into Price Fixing?????????
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