Wednesday, July 8, 2009

Luxury market

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hELOC record late:click here

3 comments:

140 dollars per sq foot said...

2000 pricing in LHP?
MLS# F1015030 LHP $325k asking price
sold 5/2005 $940k
sold 1/2005 $795k
sold 10/2001 $415k

With record foreclosures coming down the pike, plus the already bloated shadow inventory of repos the banks are sitting on and not yet listing for sale, we should start seeing much more of this kind of action.

Anonymous said...

Here we have our tract home Mcmansion of the day. As always it is public record information. This is a fairly big one sporting a little more that 4500 sq ft.

ON MLS: D1349280 as of 15 minutes ago asking $650K.

Purchased: 12/2004 for $815K

http://www.bcpa.net/RecInfo.asp?URL_Folio=513925054850

There is an LP filed on 6/22/2009.

http://205.166.161.12/oncoreV2/showdetails.aspx?id=47940139

From what we have seen, it is 50% off around 1999 - 2000 prices, so $650K is going to be a wishing price. Good luck with that!

2500 sq ft Max.

140 dollars per sq foot said...

This Deerfield waterfront is interesting.
Sold new in 1991 for $800k
Beautiful home, now on market for $1.2 MLS # F921708
Doe's not say short sale, but the pictures show an empty house.