Interesting/Amusing Property Finds

Trooper - funny how that house on Kirkwood is part of your patrol area. I had figured the ppl living there were either very, very odd or doing some serious drugs. Now I know what the answer is
 
<p>acpme,</p>

<p>Are you talking about the complex that has a security gaurd station? If so that is the $10mil foreclosure. It's for sale for $18.9mil according to <a href="http://www.zillow.com/aerial/DualMapPage.htm?zpid=25176807">Zillow</a> but you have to move the picture around to see it.</p>

<p><img alt="" src="http://img106.mytextgraphics.com/photolava/2007/10/01/monster2-480nlnsny.jpg" /></p>

<p> </p>
 
<p>Check out the photo of the Woodbury putting green</p>

<p>http://redfin.com/stingray/do/printable-listing?listing-id=1176333</p>
 
that is the one... amazing house... you can see a bit of the guest house from santiago canyon which looks to be about 5000 sq ft on its own.


for those not familiar with this property, its a dream home built on a bluff overlooking a cemetery.
 
<p>“YOU ARE NOT BIDDING ON THE LAND - YOU ARE BIDDING ON THE RIGHT TO BID ON THE LAND”</p>

<p><a href="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&Item=140159882448&Category=15841">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&Item=140159882448&Category=15841</a></p>
 
<p>The marketing!</p>

<p><img alt="" src="http://www.ziprealty.com/images_mls/SOCALMLS/S/50/80/85/_P/S508085_P05.jpg" /></p>

<p><img alt="" src="http://www.ziprealty.com/images_mls/SOCALMLS/S/50/80/85/_P/S508085_P06.jpg" /></p>

<p><img alt="" src="http://www.ziprealty.com/images_mls/SOCALMLS/S/50/80/85/_P/S508085_P08.jpg" /></p>

<p><img alt="" src="http://www.ziprealty.com/images_mls/SOCALMLS/S/50/80/85/_P/S508085_P09.jpg" /></p>
 
For awhile, something has been bothering me about calling realtors, realtards. And now I realize what it is. Isn't comparing a realtor to the mentally challenged an insult to the mentally challenged?
 
<p>Posted by ocrenter on another blog.... look at the D.O.M. !</p>

Saturday, October 06, 2007

<a name="8065962996069363096"></a>

<a href="http://bubbletracking.blogspot.com/2007/10/days-on-market-1123-in-middle-of.html">Days on Market #1,123 in Middle of Nowhere, Nevada</a>





<p>I just realized that as we celebrated Phoenix's record breaking achievement with our <a href="http://bubbletracking.blogspot.com/2007/10/days-on-market-1234-in-buckeye-arizona.html">Buckeye pothead</a> and his sidekick <a href="http://bubbletracking.blogspot.com/2007/10/days-on-market-1138-in-gold-canyon.html">Sandtrapped flopper</a>, we didn't accord the same honor for their Vegas equivalent. Because whatever they are smoking over in Buckeye they are smoking in Vegas as well.


</p>










Here is the oldest listing from Vegas. As far as I can tell per google maps, we are looking at 20 miles away from civilization...




<img id="BLOGGER_PHOTO_ID_5118209201246558562" style="DISPLAY: block; MARGIN: 0px auto 10px; CURSOR: hand; TEXT-ALIGN: center" height="207" alt="" width="303" border="0" src="http://bp2.blogger.com/_QMoXJ8fOgo4/RweIJq5v2WI/AAAAAAAABVg/emrd1bxCwqA/s320/439185_P05.jpg" /><img id="BLOGGER_PHOTO_ID_5118209261376100722" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 302px; CURSOR: hand; HEIGHT: 215px; TEXT-ALIGN: center" height="225" alt="" width="307" border="0" src="http://bp0.blogger.com/_QMoXJ8fOgo4/RweINK5v2XI/AAAAAAAABVo/y8Cc2ScB10U/s320/439185_P02.jpg" /><img id="BLOGGER_PHOTO_ID_5118209321505642882" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 302px; CURSOR: hand; HEIGHT: 214px; TEXT-ALIGN: center" height="220" alt="" width="307" border="0" src="http://bp2.blogger.com/_QMoXJ8fOgo4/RweIQq5v2YI/AAAAAAAABVw/XtiBInWbewk/s320/439185_P01.jpg" />






26000 STATE HWY 156, Las Vegas, NV 89138

--3 beds, 2.5 baths, 1,524 sqft on 2 acres.

--built in 1950.

--09/2004: listed for <em><strong>$1.3 million</strong></em> (<em><strong>$853/sqft</strong></em>).

--10/2007: still on market after 1,123 days.





Currently in majority of the bubble markets we are seeing a complete stalemate as the sellers and the buyers do their staredowns. Which is one reason that total SFR sales in the month of September for Vegas actually dipped below 1,000.





As entertaining as these crazies may be, they may represent a nice psychological barometer for us. The way I look at it, the day that Ted Kaczynski here actually give up and pull off his listing may actually signal the beginning of complete capitulation on the part of the sellers.






 
<p>OMG, I just looked again at the 3rd photo I posted above. <em>They couldn't even reach over and close the microwave door</em>!</p>

<p><img alt="" src="http://www.ziprealty.com/images_mls/SOCALMLS/S/50/80/85/_P/S508085_P08.jpg" /></p>
 
or shut the cabinet door . . . or take out the trash . . . or remove the trash from hanging on the dishwasher . . .
 
<p>This Irvine property itself isn't amusing...the fact that the owners are trying to flip it for $100k profit in four months is a little entertaining to me:</p>

<p><a href="http://redfin.com/stingray/do/printable-listing?listing-id=1008235">http://redfin.com/stingray/do/printable-listing?listing-id=1008235</a></p>

<p>Last sold property nearby is for about $10k less than the flippers want - sold at the end of August. But the comp is about 300 sq ft bigger (they both have 3 beds, 2.5 baths, built 1 year apart). The attempted flip has been on Redfin for 68 days so far...</p>
 
I don't know where to post this...well, an instant 1/2 million dollar loss if sold at asking price.. should be interesting enough to post here!





<a href="http://www.redfin.com/stingray/do/printable-listing?listing-id=1192966"></a><a href="http://www.redfin.com/stingray/do/printable-listing?listing-id=1192966">www.redfin.com/stingray/do/printable-listing</a>
 
<p>"If there was anything else that could have been done to this property it would have been done." </p>

<p>Is this one of those realtor sentences that make no sense in real life.</p>
 
IrvineCommuter - I was thinking the same thing...that sentence means nothing at all. Well, I guess there <em>is</em> one thing they can do to the property...lower the price.
 
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