Category Archives: Lowball

Reserve too high to sell largest horse farm in Jersey

Posted on October 14, 2011 by grim
Posted in Lowball, New Jersey Real Estate | 100 Comments

Same story, different property. Seller purchased at the height of the market and current bids don’t even come close to their (in all probability) unrealistic asking price. From the Star Ledger: Perretti Farms property for auction in Burlington County does … Continue reading →

Hank Paulson hasn’t heard about the real estate crash

Posted on April 29, 2010 by grim
Posted in Lowball, National Real Estate | 504 Comments

From the WSJ: Paulson’s $4.6 Million D.C. Crib Hits the Market Former Treasury Secretary Henry Paulson is asking $4.6 million for his three-bedroom house in Washington, D.C. The former Goldman Sachs CEO, who defends the bailout of Wall Street in … Continue reading →

Lowball: Bruce Edition

Posted on March 25, 2010 by grim
Posted in Comp Killer, Lowball, National Real Estate | 368 Comments

From Housing Watch: Springsteen Takes a Loss on House Sale Bruce Springsteen, winner of 20 Grammy Awards, has sold one of his two neighboring homes in Florida’s Palm Beach County for $1 million less than its original list price, reported … Continue reading →

Morris County Comp Killers

Posted on February 7, 2009 by grim
Posted in Comp Killer, Housing Bubble, Lowball, New Jersey Real Estate | 317 Comments

Take a deep breath, a sip of coffee, and repeat after me: Home prices can fall. Home prices can fall. Home prices can fall farther than I believe possible. Home prices can fall for longer I believe possible. My/Your home … Continue reading →

Montclair Comp Killer!

Posted on February 6, 2009 by grim
Posted in Comp Killer, Housing Bubble, Lowball, New Jersey Real Estate | 326 Comments

Not a Friday afternoon without a comp killer and a bank failure. Today’s comp killer comes to us from prestigious Upper Montclair, NJ. This property was acquired by the prior owner during the very frothy Summer 2005 market, in fact, … Continue reading →

Weekend Comp Killer!

Posted on June 29, 2008 by grim
Posted in Comp Killer, Housing Bubble, Lowball, New Jersey Real Estate | 154 Comments

19 Yale Terrace, Montclair NJ Purchased: 6/1/2005 Purchase Price: $762,000 MLS# 2503228 Sold: 6/26/2008 Sale Price: $705,000 19 Woods End Road, West Orange NJ Purchased: 6/1/2004 Purchase Price: $379,000 MLS# 2493002 Sold: 6/27/2008 Sale Price: $362,500 31 North Road, Chester … Continue reading →

Lowball – May/June 2008

Posted on June 22, 2008 by grim
Posted in Lowball | 113 Comments

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the … Continue reading →

Comp Killer!

Posted on May 30, 2008 by grim
Posted in Comp Killer, Lowball, New Jersey Real Estate | 430 Comments

John St, Ridgewood NJ Purchased: 6/30/2006 Purchase Price: $795,000 Current Asking Price: $745,000 MLS# 2819679 Listed: 5/13/2008 List Price: $769,000 Reduced to: $745,000 Active ———————————– Jerome Ave, Glen Rock NJ Purchased: 11/7/2005 Purchase Price: $520,000 Current Asking Price: $479,000 MLS# … Continue reading →

Lowball! January 2008

Posted on February 3, 2008 by grim
Posted in Lowball | 31 Comments

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the … Continue reading →

Lowball! December 2007

Posted on January 6, 2008 by grim
Posted in Lowball, New Jersey Real Estate | 30 Comments

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the … Continue reading →

Lowball! Bergen County 7/1-9/2

Posted on September 3, 2007 by grim
Posted in Lowball | 38 Comments

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the … Continue reading →

Lowball! May 23 – June 23, 2007

Posted on June 23, 2007 by grim
Posted in Lowball | 42 Comments

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the … Continue reading →

Lowball April 1-15, 2007

Posted on April 23, 2007 by grim
Posted in Lowball | 5 Comments

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the … Continue reading →

Lowball! March 2007

Posted on March 24, 2007 by grim
Posted in Lowball | 19 Comments

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the … Continue reading →

Lowball! January 2007

Posted on January 27, 2007 by grim
Posted in Lowball | 42 Comments

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the … Continue reading →