Category Archives: Humor

Mob extorts subprime lender, not sure who the crook is

Posted on November 2, 2011 by grim
Posted in Humor, National Real Estate, Risky Lending | 92 Comments

From the Post: Mortgage firm is Mafia Inc: feds It was a hostile corporate takeover — Mafia-style. The son of jailed former Lucchese boss Nicodemo “Little Nicky’’ Scarfo used the trusted mob technique of extortion to gain control of a … Continue reading →

Cheap Nompounds go Mainstream (huh?)

Posted on April 16, 2010 by grim
Posted in Humor, National Real Estate | 430 Comments

From the NY Times: Happily Settling for a More Modest Country Getaway BUYERS looking for a country house in the Hudson Valley or the Catskills in New York State have settled on a more modest ideal: between $200,000 and $250,000 … Continue reading →

Frat House Bordello

Posted on April 8, 2010 by grim
Posted in Foreclosures, Humor | 914 Comments

From the LA Times: Foreclosure auction of Nicolas Cage’s mansion is a flop Nicolas Cage is leaving Bel-Air. And not by choice. The fate of the sprawling Tudor mansion owned by the actor, who won an Oscar for his role … Continue reading →

Shore rentals in demand for the Summer of ’10

Posted on February 23, 2010 by grim
Posted in Humor | 508 Comments

From the NY Daily News: Want to roll in Snooki’s sheets? ‘Jersey Shore’s’ Seaside Heights, N.J., house is $1,800 a night How about a roll in Snooki’s sheets? For $1,800 a night, you can grace the ground zero of Guido … Continue reading →

Own a priceless piece of history (at its 1987 price)

Posted on November 2, 2009 by grim
Posted in Humor, New Jersey Real Estate | 24 Comments

From the Star Ledger: Whitney Houston unloading Mendham estate Whitney Houston has put the 5-acre Mendham estate where she married singer Bobby Brown on the market for $2.5 million, far less than its assessed value of $5.6 million. The 12,561-square-foot … Continue reading →

Look at the bright side, at least they got multiple offers

Posted on July 21, 2009 by grim
Posted in Housing Bubble, Humor, National Real Estate | 26 Comments

NYC Comp Killer 151 East 58th St Unit 34C, One Beacon Court (aka the Dreier Residence, aka Bloomberg Tower) Purchased: 2007 Purchase Price: $10.4 Million Sold: 7/21/2009 Sale Price: $8.2 Million 21% below 2007 purchase price! (Not to mention numerous … Continue reading →

“Here’s the reality: the Gotti’s gotta go.”

Posted on May 12, 2009 by grim
Posted in Economics, Housing Bubble, Humor | 279 Comments

From Newsday: Moving out Gotti? LI mansion again in foreclosure Victoria Gotti is boiling mad. The daughter of the late mob boss John Gotti may lose her sprawling Old Westbury mansion after all, according to a state Appellate Division ruling. … Continue reading →

How much hideousness do you get for $9.5m $6.75m?

Posted on May 1, 2009 by grim
Posted in Humor, New Jersey Real Estate | 234 Comments

Presented without comment in lieu of the “Weekend Open” 242 Hartshorn Drive, Millburn NJ Original List Price: $9,500,000 Current Asking: $6,750,000

Propaganda Points

Posted on April 8, 2009 by grim
Posted in Humor, New Jersey Real Estate | 164 Comments

Ever wonder why every Realtor seems to be parroting the same asinine lines? Below is a media talking points document distributed by a local Realtor board. Board details redacted, but you’ll get the point. I’d estimate a good three quarters … Continue reading →

Has it ever been a bad time to buy?

Posted on May 5, 2008 by grim
Posted in Humor, National Real Estate | 52 Comments

According to the National Association of Realtors, the answer is no, it has always been a good time to buy… …even during the darkest depths of the Great Depression. Unemployment was nearing 16% and approximately 8 million Americans were unemployed. … Continue reading →

New Jersey 2008 Job Market Outlook

Posted on March 25, 2008 by grim
Posted in Humor | 48 Comments

From Screaming Frog Productions: http://www.screamingfrog.com More information about this clip can be found here: http://www.thejobtheshort.com/ Hat tip to chicagofinance for this gem.

Always a great time to buy or sell!

Posted on February 19, 2008 by grim
Posted in Humor, New Jersey Real Estate | 4 Comments

From the New Jersey Association of Realtors: Realtors say New Jersey home sales are healthy Sales volume of existing single family homes, condominiums and co-ops in the fourth quarter of 2007 are stable. According to statistics released by the National … Continue reading →

Real Estate Bubble Poster Child

Posted on October 7, 2006 by grim
Posted in Housing Bubble, Humor | 48 Comments

From the SF Gate: A would-be real estate mogul follows boom tips straight to bust Real estate, also a world where appearances often trump content, operates according to a similar couching of reality. “Putting together” a loan package, for instance, … Continue reading →

Home Seller Strategies

Posted on September 20, 2006 by grim
Posted in Housing Bubble, Humor | 4 Comments

From the Onion: Home Sales Dropping For the third straight month, sales on preexisting homes dropped, leading realtors to call it a “buyer’s market.” Here are some strategies sellers are using to entice buyers: Dropping price by 50 bucks Carrying … Continue reading →