Another Steep Discount From Listing Price If you have to sell Christmas week in what is already a soft market . . . you may not like the price. This is the second instance I’ve seen of a property sold then accepting a very deep discount from the most recent list price. The home is...Read More
$30,000 Houses: Smarter to Raze than RestoreWhen the share price of a company traded on the New York Stock Exchange (“NYSE”) falls below $1, it faces the prospect of being dropped from trading (“delisted“). Presumably, the rationale is that such companies are in extremis, and, for the health of the broader market as well as...Read More