"Malaise in mansion sales"

fatlazyless · 01-21-2009, 09:43 AM

Oh well, I never let the reality effect my biases, but the weather really has taken a turn to the cool & wet side for the past three seasons. Starting in 2009, here's look'n for a change ito some warmer and less rainy weather.

Any real estate sales people out there...do buyers of one to two million dollar, waterfront homes typically pay all cash? Perhaps they are just waiting for some time to unwind, and do not want to purchase a house with a slowly falling value? What's the effect of the stock market's DJIA going from 14,000 to 8,000 on the waterfront homes market?

secondcurve · 01-21-2009, 10:10 PM

What's the effect of the stock market's DJIA going from 14,000 to 8,000 on the waterfront homes market?[/QUOTE]

I'll give you five guesses and the first four don't count!

Misty Blue · 01-22-2009, 12:26 AM

Man am I glad that I don't own a 20,000 ft house. Think agout it. You would spend all of your free time washing windows, cleaning bathrooms and doing the lawn.

Nope. Give me the simple life!

Misty Blue

Irish mist · 01-22-2009, 02:50 AM

Quote:

Originally Posted by secondcurve

What's the effect of the stock market's DJIA going from 14,000 to 8,000 on the waterfront homes market?

I'll give you five guesses and the first four don't count![/QUOTE]

Lol, I agree.....it's over. BTW look for the Dow to bottom out at about 5,000

________
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pats fan · 01-22-2009, 10:50 AM

Misty Blue,
I am assuming that is a joke! You don't really think Marc and Heidi wash their own windows, mow their own grass or clean their own bathrooms? Most of their house does not get much, if any use, unless they have guests. I have been to their home. It is huge and very nice. Although it is 20,000 sq feet, oddly enough it still feels very homey.

01-21-2009, 09:43 AM	#1
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,787 Blog Entries: 1 Thanks: 300 Thanked 1,022 Times in 744 Posts	Oh well, I never let the reality effect my biases, but the weather really has taken a turn to the cool & wet side for the past three seasons. Starting in 2009, here's look'n for a change ito some warmer and less rainy weather. Any real estate sales people out there...do buyers of one to two million dollar, waterfront homes typically pay all cash? Perhaps they are just waiting for some time to unwind, and do not want to purchase a house with a slowly falling value? What's the effect of the stock market's DJIA going from 14,000 to 8,000 on the waterfront homes market? __________________ ... down and out, liv'n that Walmart side of the lake!

01-22-2009, 12:26 AM	#3
Misty Blue Senior Member Join Date: Jul 2004 Posts: 658 Thanks: 121 Thanked 283 Times in 98 Posts	A 20,000 sq/ft house! Man am I glad that I don't own a 20,000 ft house. Think agout it. You would spend all of your free time washing windows, cleaning bathrooms and doing the lawn. Nope. Give me the simple life! Misty Blue

01-22-2009, 10:50 AM	#5
pats fan Senior Member Join Date: Apr 2008 Posts: 66 Thanks: 5 Thanked 3 Times in 3 Posts	20,000 sq ft. house Misty Blue, I am assuming that is a joke! You don't really think Marc and Heidi wash their own windows, mow their own grass or clean their own bathrooms? Most of their house does not get much, if any use, unless they have guests. I have been to their home. It is huge and very nice. Although it is 20,000 sq feet, oddly enough it still feels very homey.

01-21-2009, 10:10 PM	#2
secondcurve Senior Member Join Date: Jan 2005 Posts: 2,118 Thanks: 1,331 Thanked 559 Times in 288 Posts	What's the effect of the stock market's DJIA going from 14,000 to 8,000 on the waterfront homes market?[/QUOTE] I'll give you five guesses and the first four don't count!