Property 101
So anyone that’s anyone probably knows that Wolf and I sold our neighboring properties to a developer last year, it is something that we like to talk about a lot. It was happy days, we ate sushi, smiled and drank a lot, I continued on with my retirement and vendeta against the zombie hords, and now rent back and continue to live in the house the I once owned.
Our monies have been invested, and life carries on.
…since then, I’ve wondered if perhaps we would have gotten more if we’d hung on another year before selling. I went a wandering on the net looking for another piece-o-property that was for sale down the block, turns out that property is going for a whooping 1.3 Million. That surprised me a bit seeing as it’s just an empty lot, but not as much as finding these two beauties :
Looks like our houses are back on the market, and have been since June 4th! Imagine my surprise…landlords haven’t even mentioned a thing. Price is up about 7.5% in one year, and they’ve lowered their price once by $30k since it went on the market in June. Looks like the places aren’t hot on the market like when we sold before, we had ourselves a bidding war when we sold last year, about 6 groups or so. I’m super curious to see what the market will bear these days, I guess time will tell what the shake-down is.
“I’m storming the castle,
I’ve got my sword,
It’s METAL!!!”
Monday 17 Sep 2007 | Slanty2D | SlantyNet - General
gawd my old house is fugly
I think if they dropped it to the price you sold it at, they’d get some bites. I also think that the pair of properties is in a different niche than many properties, especially that Slanty and friends have previously bought — and so the problems these guys are seeing with an (overpriced?) listing is an echo from the future for new developments.
both houses aren’t that pretty! But that’s an east side thing right??!! So you guys gunna buy them back and develop them yourselves?!?