overvalued.blogspot.com
America's most over-valued real estate: I just love your carpets
http://overvalued.blogspot.com/2007/09/i-just-love-your-carpets.html
America's most over-valued real estate. Following the real estate crash since 2006. Saturday, September 8, 2007. I just love your carpets. There were so many ugly photos of this Culver City wreck that I didn't quite know where to start. How about starting with the living room. What are those stains just above the window? Could it be mold? What does the realtor have to say about this wreck? There is, however, no disagreement about the size of the price. The owner is doing his best to "big-it-up". ...Thank...
overvalued.blogspot.com
America's most over-valued real estate: September 2007
http://overvalued.blogspot.com/2007_09_01_archive.html
America's most over-valued real estate. Following the real estate crash since 2006. Saturday, September 8, 2007. I just love your carpets. There were so many ugly photos of this Culver City wreck that I didn't quite know where to start. How about starting with the living room. What are those stains just above the window? Could it be mold? What does the realtor have to say about this wreck? There is, however, no disagreement about the size of the price. The owner is doing his best to "big-it-up". ...Thank...
overvalued.blogspot.com
America's most over-valued real estate: More affordable housing
http://overvalued.blogspot.com/2007/09/more-affordable-housing.html
America's most over-valued real estate. Following the real estate crash since 2006. Saturday, September 8, 2007. Of course, realtors will shout out that the difference is location. However, inertia is a more likely explanation. It takes time for sufficient numbers of people to migrate from high cost to low cost cities. Nevertheless, it does happen, which suggests that Baltimore is massively overvalued, while Reading might make a better long term real estate investment. Subscribe to: Post Comments (Atom).
overvalued.blogspot.com
America's most over-valued real estate: Say something good.
http://overvalued.blogspot.com/2007/09/say-something-good.html
America's most over-valued real estate. Following the real estate crash since 2006. Saturday, September 8, 2007. My dear grandmother always said "if you can't say something good, then say nothing at all". Personally, it was never advice that I followed, but I suspect that the realtor for this property heard something similar from their grandmother. Many thanks to Scott for this one. The listing can be found here. See anything similar in your neighborhood? Subscribe to: Post Comments (Atom). Small is beau...
overvalued.blogspot.com
America's most over-valued real estate: Affordable housing
http://overvalued.blogspot.com/2007/09/affordable-housing.html
America's most over-valued real estate. Following the real estate crash since 2006. Saturday, September 8, 2007. Here is a headline that grabs your attention "Cheaper than a car". This craigslist advert. Many thanks to "DHSEscort" for this one. If you know of any affordable housing, send it here. Subscribe to: Post Comments (Atom). I just love your carpets. Evil exists - it is called the condo conversion. Lets be nice for a change. Seen this one before? Boston shed - $680,000. How small can small be?
overvalued.blogspot.com
America's most over-valued real estate: Disappointment
http://overvalued.blogspot.com/2007/09/disappointment.html
America's most over-valued real estate. Following the real estate crash since 2006. Thursday, September 6, 2007. Why is this housing bubble so depressing? It is what you DONT get for your money. Here is a crappy little wreck from San Mateo. It is on the market for $1.2 million. With that amount of money, you can't get more than four bedrooms, two bathrooms or even buy a decently watered lawn. Why is this house listed for so much? Grateful thanks to John for this one. The listing can be found here. Be a l...
overvalued.blogspot.com
America's most over-valued real estate: Seen this one before?
http://overvalued.blogspot.com/2007/09/seen-this-one-before.html
America's most over-valued real estate. Following the real estate crash since 2006. Saturday, September 8, 2007. Seen this one before? Has this wreck been on the blog before? It is so hard to tell. After a while, these dogs all start to look the same. Thanks to Bob for this one. It can be found here. Are there any other wrecks with "tremendous potential" out there. Of course there are; there are way too many out there. Subscribe to: Post Comments (Atom). I just love your carpets. Lets be nice for a change.
overvalued.blogspot.com
America's most over-valued real estate: Gentrifying Baltimore
http://overvalued.blogspot.com/2007/09/gentrifying-baltimore.html
America's most over-valued real estate. Following the real estate crash since 2006. Saturday, September 8, 2007. The realtor must have been sorely tempted to describe this Baltimore dog as a "hot property". Thankfully and tastefully, that temptation was resisted. This fire damaged house is currently listed for $120,000. Have these neighborhoods really changed? Or have greedy gullible investors been duped into thinking that a sow's ear is actually a velvet glove? I think some of the neighborhoods of Balti...
overvalued.blogspot.com
America's most over-valued real estate: Evil exists - it is called the condo conversion
http://overvalued.blogspot.com/2007/09/evil-exists-it-is-called-condo.html
America's most over-valued real estate. Following the real estate crash since 2006. Saturday, September 8, 2007. Evil exists - it is called the condo conversion. Crackhouses, garden sheds and shacks might be amusing, but condo conversions are evil. They are invariably overpriced and threaten to lure naive investors towards financial disaster. Yesterday, I received an email from ARMMAT, who sent me details of a typical new development in Brentwood California, which is currently on craigslist. Regarding yo...
