Frustrated Sellers Cancel & Re-List . . . at the Same Price Usually as a home’s time on the market climbs, Sellers become more realistic and accept incremental price reductions. One standard realtor strategy, after a home has failed to sell after 60-90 days, is to cancel the listing and bring it back on as...Read More
Rehab “Misses” are all Unique “Happy families are all alike; every unhappy family is unhappy in its own way.”–Leo TolstoySubstitute “rehab hits” for “happy families,” and “rehab misses” for “unhappy families,” and you have the rewards — and perils — of remodeling in a nutshell. I just saw an extensively rehabbed house — done on...Read More
Can you have Capitalism without Capital? That’s the sixty-four thousand (er, trillion) dollar question occupying the financial markets right now. At the moment, it’s not clear whether there is a capital shortage, or, the capital that exists is simply frozen (and therefore not circulating). In truth, the two possibilities are not mutually exclusive (“Duh-uh,” as...Read More
