Real estate trends, community events and other stuff happening in Branchburg.
This festering insult to the neighborhood sold to its busted-out owners in June, 2005 for a bargain-priced $540,000. This week, it sold again…for $265,000. A veritable tabula rasa awaits its proud new owner. I’m just glad the neighbors won’t have to tolerate this eyesore much longer.
This assault on the eyes began its sad descent in February, 2008 and was originally priced at $749,000. It is apparently a new home built on an old foundation. Over the course of 743 excruciating days on market, it became a short sale, and the asking was lowered to a merely nosebleed-inducing $575,000.
Well, …
This diamond in the rough has spent 729 days on the market since August of 2008. At this point, the only question a buyer might have would be: is this house really for sale?
There is a difference between selling your home and trolling for a sucker. This house has crossed that line.
Here’s another example of magical thinking. It’s a nice enough house…clean, updated kitchen, beautiful pool…but it was built in 1973 and has the limitations you’d expect of such a home. Unfortunately, the seller priced it out of the box at $539,000, thinking that the neighborhood had entered a time warp and traveled back …
Four closed sales so far this month. Two of them are short sales:
1520 Longley $250,000
1012 Hillcrest (short sale) $378,000
11 Winthrop $450,000
11 Lexington (short sale) $625,000
This week’s installment is a dandy little Colonial on Station Rd. Currently asking $739,900 EXPIRED, it was originally listed at $949,000 on August 17, 2006 and has spent 806 actively-listed days hurtling toward oblivion. In the interim, it has had two tenants, who I’m sure have made an excellent contribution toward accelerating the …