20 accepted offers, which includes…
1 multi-family and
5 “executed contracts” ( that never got reported as “accepted offer”)
16 Hurlingham Drive, $12.950M, in Greenwich’s “Conyers Farm”, has deal. List: Joseph Barbieri. Sell: Shelly Tretter Lynch
128 Riverside Avenue, last ask $995K. Closes today at $1.015M.
List: Joanne Edwards
Sell: Diana Whyte
A persistant myth in real estate is the idea that if you lower your price, you can never go back up. It’s certainly a bad idea if it’s you that’s raising your asking price, that trick never, ever, ever, ever, ever works. But, when it’s the market raising your price, then by all means, stand back and let it happen, baby!
That’s what happened recently at
128 Riverside Avenue, Riverside, CT
It came on during the slow weeks of August, priced at $1,150,000. The market then, such as it was, said, “Ummmm…no”. And there the house sat, un-loved, un-wanted, by a cold, un-caring bunch of buyers.
Finally, in January, the price was reduced to $995,000, and something else happened at the same time, something called the “spring market” (typically begins around Jan. 5th).
The combined effects of having very little competition, along with a new crop of eager buyers, predictably produced a bidding war that pushed the price back up by $20,000.
Clients find it hard to believe that bidding wars can occur at the end of the selling process, but they do. I’ve never seen the market take a property back to the level of the first asking price, but it’s not uncommon to make up some ground from that last asking price.
146 Hendrie Avenue, Riverside (corner of Arch St, overlooking Binney Park), asks $1.175M, gets $1.1M after just 61 days. Now, nothing left but the dumpster.
146 Hendrie Avenue, Riverside, CT
Reader “Riverside Mom” tipped me off to this one, another tear-down I hadn’t realized even was a tear-down! Located on the corner of Hendrie Avenue and Arch Street, overlooking Binney Park, this place was the site of many, many Fourth of July parties over the years, and why not, it’s perfectly positioned to take in the fireworks show across the street.
But, it happened to have .44 acres (in the R-12 zone), so the FAR is huge, so now it’s a hole in the ground. Selling price was “only” $1.1M, which, based on recent sales, almost sounds like a bargain!
The “possible court matter” call…feel free to ignore, it’s a scam.
Regular readers know that, for the last two years or more, I’ve gotten a once or twice per day answering machine message with the following stern warning:
“Someone in this household may have a pending court matter…Press 1 and you will connect to a live agent for further directions in resolving a possible court matter.”
Sometimes the voice varies; a menacing low-voiced male on Monday, a more pleasant British-accented lady on Wednesday, an eager American-accented female the following week.
As an experiment, I have decided to see just how many years these crooks will go before giving up. It’s only the damned home answering machine, which we rarely pay attention to, so the experiment is harmless. And yes, our home number is on that stupid, worthless “Do Not Call List”, already. I even updated my enrollment, and it has no efffect on these miserable worms.
For anyone even vaguely alarmed by this type of message, I can assure you, it is meaningless. My “possible court matter” has amounted to nothing in two years. No police arriving at the door, no credit-report troubles,. Trust me, it’s a scam.
Bad song lyrics can pretty much be lumped into four categories:
There’s…
Idiotic
It was an itsy, bitsy, teenie, weenie, yellow polka-dot bikini
That she wore for the first time today
An itsy, bitsy, teenie, weenie, yellow polka-dot bikini
So in the locker she wanted to stay
Offensive
You’ve been coolin’, baby, I’ve been droolin’,
All the good times I’ve been misusin’,
Way, way down inside, I’m gonna give you my love,
I’m gonna give you every inch of my love,
Gonna give you my love
Embarrassing
Oh, I’ve been to Nice and the isle of Greece
when I sipped champagne on a yacht
I moved like Harlow in Monte Carlo
and showed them what I’ve got
I’ve been undressed by kings
and I’ve seen some things that a woman ain’t s’pose to see
I’ve been to paradise but I’ve never been to me…
And finally, there’s
Pathetic
The lovely “Charlene” sang one of the most embarrassing songs in history, “I’ve Never Been To Me”.
Could be, could very well be, but we must wait for the closing to see the sale price of
36 Dawn Harbor Lane, Riverside, CT,
reported today as “executed contracts” by listing broker Steve Archino. If it closes in the $6M’s, or even the high 5M’s, it will represent a record price for non-waterfront on the street.
List: Steve Archino
Sell: Debby Gardiner
36 Dawn Harbor Drive, Riverside, $6.495M went from “available” to “fully executed contracts” today. Came on $7.350M, February, 2012.
516 North Street, $8.5M, now has deal. Listing broker Sally Maloney, Greenwich Fine Properties. I prefer older houses, but this fairly new one was simply sensational, everything you could ever want in a mansion.
23 accepted offers this week, which includes…
1 “executed contract” (jumped directly up from “available”, no stops along the way)
I was prepared to accuse the other real estate blogger of launching a mis-information campaign, but it turns out, that ol’ son-of-a-gun is almost right about something!
When I take the MLS-released figures for the week, I first cull out-of-town listings, then rentals, and finally, any listings that have already appeared on the previous week’s A/O list, and have appeared again as they moved from a mere “accepted offer” status, to the more serious “accepted offer, contracts” status.
I thought I was doing a thorough job, but was shocked, shocked to discover I’d let a few repeats slip through. Anyway, now fixed, and no, Mr. For-What-It’s-Worth, it’s not 15 accepted offers, it’s 23, and yes, unlike you, I happen to think land sales, condos, and multi-family houses “count” as evidence of a busy real estate market.
A final note about the MLS category of “executed contracts”: Normally, this particular list is the final stop before “sale”, for listings that have passed through the status of “accepted offer” and “accepted offer, contracts”, so the list is mostly populated with repeats. The exception is when a cautious broker does not report anything at all until the contracts are fully-signed. That’s why I always check that list at the end of the week, to make sure some new, previously un-reported listings haven’t shown up there.
This is starting to feel like hard work!
422 North Maple Ave, $4.995M, gets a deal! Listing broker Shelly Tretter Lynch, Sotheby’s Realty.
Made it to 30, again! This removes all doubt; Houston, we have a lift-off.
30 accepted offers (price range $370,000-8,500,000) which includes
1 executed contract (skipped “a/o” status)
Beyoncé, certainly attractive, but so utterly vile. Pity.
Like you, I was largely unaware of this low-talent, spoiled nit-wit until she got caught lip-synching the national anthem at Obama’s second inauguration. Now that I am aware of her, I must say that I grow more and more unimpressed.
Her latest effort to make people hate her is this “warning song” she released that appears to be designed to scare away any young female wanna-be rap stars that might be thinking about rising up and replacing her majesty. Truly pathetic, tawdry, and just generally awful:
[Hook]
I’m out that H-town
Coming, coming down
I’m coming down dripping candy on the ground
H, H-town, town, I’m coming down
Coming down dripping candy on the ground
[Verse 1]
I know when you were little girls
You dreamt of being in my world
Don’t forget it , don’t forget it
Respect that, bow down bitches
I took some time to live my life
But don’t think I’m just his little wife
Don’t get it twisted, get it twisted
This my shit, bow down bitches
[Bridge]
Bow down bitches, bow bow down bitches
Bow down bitches, bow bow down bitches
H-town vicious, h-h-town vicious
I’m so crown, bow bow down bitches
[Hook x2]
I been on, I been on, I been on
Tell me who gon take me off
Take me off, take me off, take me off
[Verse 2]
Rolling high, leather and wood
Keep it trill, that’s what good
Kiss my momma, show that love
Pop them bottles in that club
I heard your boo was talking lip
I told my crew to smack that trick
Smack that trick, smack that trick
Guess what they did, smack that trick
Gold everything, gold ass chain
Gold ass rings, gold ass fangs
You can see me stunt when you turn on ya screen
You can see me stunt when you turn on ya screen
I’m bigger than life, my name in the lights
I’m the number one chick, ain’t need no hype
The capital B means, I’m ‘bout that life
The capital B means, I’m ‘bout that life
[Hook]
[Outro]
I remember my baby hair with my dookie braids
Frenchy’s, Boudin in the parking lot
Shout out to Willie D
I was in that Willie D video when I was about fourteen, looking crazy
Shout out Pimp C
You know we used to sneak and listen to that UGK
Didn’t do your girl but your sister was alright, damn
In ya homeboy’s Caddy last night man, haha
Hold up, Texas trill
H-town going down, man
Greenwich Bored And Razed 