Comments on: Palo Alto house with Bathroom in Bedroom

By: Pralay

Pralay — Fri, 10 Apr 2009 05:27:33 +0000

Sold for $780K. No downturn here
————-

Well, let’s read what RealEstater said:

at that price the house will likely draw interest from multiple parties and sell above list.

He used the word “likely”. Therefore, he is still correct.

By: DreamT

DreamT — Fri, 10 Apr 2009 04:59:46 +0000

Herve - Your suggestion that someone dared to make a lowball offer in Palo Alto is just lame

By: anon

anon — Fri, 10 Apr 2009 04:58:46 +0000

Still overpriced.

By: Herve

Herve — Fri, 10 Apr 2009 04:47:53 +0000

Sold for $780K. No downturn here

By: Herve

Herve — Wed, 18 Feb 2009 06:27:16 +0000

Now reduced to $799K. Remember it was sold for $715K in mid 2004.

By: DreamT

DreamT — Sat, 31 Jan 2009 00:22:51 +0000

Who’s being burned in effigy for imagined sins of other folks? Did I miss a thread?

By: Herve

Herve — Sat, 31 Jan 2009 00:03:44 +0000

To DensityDuck: http://www.youtube.com/watch?v=U0kJHQpvgB8

By: rick

rick — Fri, 30 Jan 2009 23:59:59 +0000

Well, I am not going to debate against the moral police here. P.S. there are lots of other fun and meaningless things to do other than jerking off.

Should I feel sorry for the innocent people who inflated the housing bubble? Not really, I have the same feeling against the bankers, the realtors, the mortgagers, the politicians, etc. I am not mad, just watching life unfold. And yeah thanks a bunch that the economy is in the tanks and market is down 33%, and my tax money is paying the bankers to cut fat bonus, the FBs to stay in their houses, etc. Should I have sympathy?

By: zanon

zanon — Fri, 30 Jan 2009 23:23:51 +0000

Also, is “prime willow glenn” similar to “prime Ohio”? You can get good houses there for for $400K.

By: zanon

zanon — Fri, 30 Jan 2009 23:19:22 +0000

WG: I do have a problem, but you can help me get over it.

“I only focus on properties in the areas I invest in which are Campbell, Cambrian, places like that where houses cost $450K and rent for $2200 or so.”

Given what you said, please tell me why you link to $1.5M properties in PA that rent for $3K?

They are outside your investment focus. Do you link to them to show how far prices have to fall? Do you link to them predicting a massive increase in rents?

I may be missing some irony. Help me out.