May 2007

You have to love the breathless optimism of home listing language.

Where else can you find beauties like:
This home was 99% new in 1993. Wow, so was Bill Clinton's presidency.

This from the…

There's a reason people believe that real estate values always go up.

For 16 straight years, home prices appreciated to some extent every year, according to a measure known as the Case-Shiller…

MBC reported a while back about two homes that tried the price-increase tactic. One has subsequently dropped $250k. The other is still sitting out there untroubled by interested buyers. So

Can a home lose $300,000 in value in little more than a year?

At 1313 Oak, the list price has been adjusted that sharply since the house first came up last year. Beginning April 11, 2006,…