HOME PRICES PLUMMETING

The Austin American Statesman | 01 February 2003 | Shonda Novak

[Don Corleone]

We'd like to bolt someday to a lower taxed area with decent weather....any ideas?

Try Baghdad

[AdamSelene235]

I was looking at 69 even. I think that we will yet see at least one more attempt by da boyz to ramp up the markets before the bottom falls out.

Been playing this fish for a year now, she feels tired. Will she try to break the line again?

I welcome 69 with open arms, I'll just short more. (having some out of the money calls does wonders for one's confidence and uniquely constrains your profit loss curve)

[Torie]

No noise. Foster City is not in the flight path. However, I hate to say it, but that home is one of the most architectually attractive in a city that prides itself on some of most bland and undistinguished architeture anywhere, both commerical and residential, of any rather upscale town I have been in. It has one tract of rather attractive 2000 square foot cape cods, all of which now go for over a million. The attached home below is typical of the architectual theme, or lack of one. It lists for about 700K. Granted it does have carrotwood tree out in front that has some potential to block out more of the ugly some day.

[Torie]

Your pics never come through alas. I am sure your servants' quarterhouse is charming however.

[Rollee]

You took the words right out of my fingers! I was thinking of "House Hunters" also. Some of those places on that show sport some of the most hideous decorating I have ever seen anywhere. Did you see the one with the bathroom decorated with stripey wall paper? That would give me a brain seizure if I had to spend more than 5 minutes there!

[jwalsh07]

I am sure your servants' quarterhouse is charming however.

LOL, too urbane for words.

[Rollee]

You're killing me = too funny!

[jwalsh07]

Do you all have silencers in the toilets out there?

[Torie]

It is in Encino, California, the neighborhood in the San Fernando Valley of Los Angeles where 1950's single story ranch houses are being torn down for something well, shall we say, more dramatic? It lists for $1,875,000.

[Torie]

How do you like pic 143? Is is amazing what architects get paid for, isn't it? I don't know about toilet silencers, but the newer ones are water efficient by law. Most of us get rid of those is saddled with one, and buy European models ASAP.

[sneakypete]

Also, lower interest rates. However, that too has to end sometime.

It's going to end when Hussein sets fire to all of Iraq's oil wells,and the price of oil goes through the roof. Of course,those with a lot of oil company stock will be sitting in a pretty position as others go bankrupt. They will be able to buy property at half or less of what it would have cost.

[Rollee]

Please tell me why ME's all want to live in white houses. They always buy big monstrosities in white brick, or stucco. I always keep my eyes peeled for new, huge white houses going up in the neighborhood.

[jwalsh07]

Nice digs!

[sneakypete]

We'd like to bolt someday to a lower taxed area with decent weather....any ideas?

Well,how about a doublewide with a nice new workshop on 7 acres on a island,about 3 miles in a straight line from the Atlantic Ocean. I've been thinking seriously about selling my place and hitting the road again.

[Torie]

In the desert, where it is hot, white reflects light and defracts heat the best. It is also the color symbolic of purity. You are right, they are all white.

[nkycincinnatikid]

bump

[Rollee]

I'm no physics major, so thanks for the info. The purity part is mind boggling when you summon the courage to venture inside one these white "palaces". The interiors are squalid, filthy and in disrepair. Better Homes and Gardens they are not!

[Rollee]

It will also bring out We the People to straighten "things" out.

[Joe Hadenuf]

Hehehe.....

[Torie]

I missed the marble walls bit on the first read. I guess they are good for hitting tennis balls against.