I just returned from e.r. room, I broke my wrist again..needmessw to say,
typing one handed is not easy. sooooo. I dunno when I will be able to blog again....
ouch..... thank you for your support
miss j.
Friday, April 9, 2010
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13 comments:
Oh WOW!
Sorry to hear about your wrist, hope you get better soon!
I had an incident of tennis elbow some years ago that forced me to learn to write, eat, drink coffee, and everything else with my left hand.
Lasted about 6 months.
I empathize with you, and hope it heals quickly.
Here is a tract home McMansion foreclosure that is 1 day new to the MLS. This is not remarkable for the fact that the asking price is $1K under the brand new price 6 years ago or that this baby sports an impressive 4400 sq ft, but for the affect on the adjacents... which is huge.
ON MLS: D1392273 asking $435K
Purchased: 6/2004 for $436K (note: property appraiser says this thing is worth $368K)
http://www.bcpa.net/RecInfo.asp?URL_Folio=513936025240
Just how does this $435K asking price affect the adjacent.
Purchased: 6/2006 for $850K
Purchased: 10/2006 for $750K
Oh my my!
2500 sq ft Max.
Our latest tract home McMansion came on the MLS 9 hours ago. This one sports a rather modest 3800 sq ft, but is remarkable for its membership in the $.5 million loss club.
ON MLS: M1343666 asking $480K
Purchased: 2/2007 for $988K
http://www.bcpa.net/RecInfo.asp?URL_Folio=514031022240
That is a $508K (51%) loss in just 3 years.
How does a $480 asking price affect the adjacent.
Purchased: 4/2007 for $1,055,900 (this is not a typo, over million)
Purchased: 11/2008 for $548,800
Oh my my!
2500 sq ft Max.
Boy, that bites. Sorry to hear. I'm sure when it gets better prices still would not have hit bottom yet. Plenty left to blog about :)
Here's an interesting article in the Sun Sentinel today.
Foreclosure filings rose last month by 38 percent in Broward County as homeowners struggled with unemployment and "underwater" mortgages, RealtyTrac Inc. said Thursday.
Broward had 6,341 homeowners in some stage of foreclosure in March, up from 4,599 a year ago, according to the Irvine, Calif.-based company that tracks mortgage defaults nationwide. Broward had the eighth-highest foreclosure rate among Florida's 67 counties, with one in every 127 housing units receiving a filing.
Palm Beach County filings in March totaled 3,983, more than double the 1,509 in March 2009. The county had the state's 17th-highest foreclosure rate.
Here is our latest tract home McMansion on the MLS as of 16 hours ago with a 48% loss over the price paid brand new from the builder. This baby sports a rather impressive 3800 sq ft.
ON MLS: D1342148 aslking $469K
Purchased: 7/2007 for $908K
http://www.bcpa.net/RecInfo.asp?URL_Folio=514031030250
That is a $439K (48%) hammering.
How is the adjacent affected by unloading this tract home McMansion at $469K
Purchased: 3/2008 for $610K
Purchased: 8/2008 for $537K
Oh my!
2500 sq ft Max.
We miss you MsJ! Hope you are feeling better!
Here's an interesting one.....sold in 2002 for $580k, and again this year for $500k.
Looks like prices are rolling back to 2000 levels now.
4011 NE 23RD TE LHP. MLS# H870617
More info on the last one.
** BIG PRICE REDUCTION FOR QUICK SALE * CASUAL CONTEMPORARY HOME WITH 90 FT. PRIVATE DOCK ON WIDE CANAL * NO FIXED BRIDGES * GREAT OPPORTUNITY * CASH PURCHASE OR CONVENTIONAL MORTGAGE ONLY * "AS IS" SUBJECT TO 10 DAY INSPECTIONS * SELLER WILL CONSIDER CREDIT FOR NEW ROOF * DISCLOSURES ARE AVAILABLE * FAR BAR AS IS CONTRACT PLEASE *
$259K for a short water w/one high fixed bridge!?
1117 SE 13th Ct MLS# R3087617
Lowest priced waterfront in Lighthse Pt & Deerfield. Plus 2 car garage. - Wood laminate floor with marble tile in kitchen - Great open floor plan overlooking water. Highest fixed bridge in the area (Kingfisher Canal Bridge) Large corner lot
In 1994 this one sold for $151k
So we are looking at 1998 pricing?
Here is our latest tract home Mcmansion with a whopping loss. ON MLS as of 21 hours ago.
MLS: M1385931 asking $550K
Purchased: 7/2007 for $990K
http://www.bcpa.net/RecInfo.asp?URL_Folio=513925041580
That is ia $440K (45%) loss in just under 3 years.
How does the $550K affect the adjacent.
Purchased: 9/2005 for $820K
Purchased: 12/2008 for $425K (this was a foreclosure sale, previous price $800K 8/2006)
Oh my!!
2500 sq ft Max.
Double Dip? Seems to me this was a short sale back in 2008 for $500k.
Back on market for $579k
NOT A SHORT SALE! NOT A FORECLOSURE! QUICK CLOSING!!!!!FANTASTIC SINGLE FAMILY HOME ON THE WATER! 2 BR/2 BA WITH 1 CAR GARAGE SCREENED IN PATIO OVERLOOKING POOL & CANAL WITH 80 FEET OF DEEPWATER. JUST MOVE RIGHT IN. LIVE THE FLORIDA LIFESTYLE IN THIS REMODELED HOME. KITCHEN AND BATHS BOTH UPDATED, KITCHEN WITH GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES. SCREENED IN PATIO OVERLOOKING POOL/PATIO AND WATER
MLS@ F1052705
Our latest price pounding on a tract home McMansion. On MLS as of 15 hours ago. This baby sports a rather impressive 3700 sq ft.
ON MLS: D1396477 asking $415K
Purchased: 6/2006 for $749K
http://www.bcpa.net/RecInfo.asp?URL_Folio=513925040640
That is a $334K (45%) loss.
How does this affect the ajacent
Purchased: 4/2006 for $745K
Purchased: 6/1999 for $265K
Oh my!
2500 sq ft Max.
Here is a tract home McMansion that just was sold and recorded 5/5/2010. This baby is a big one sporting over 4200 sq ft. This one took a major price pounding.
Purchased: 4/2010 for $415K
Prev Sale: 5/2007 for $875K
Brand New: 6/2004 for $613K
http://www.bcpa.net/RecInfo.asp?URL_Folio=513936024170
That is a $460K (53%) loss over the previous sale price. It is also $200K less than the brand new price paid 6 years ago.
Oh my!!!
2500 sq ft Max.
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