Premier Auction - March 10, 2007

[fisher]

Chill out, baby. Fisher never mentioned average price per sf. Please go back and read his post. My data shows you that 6 out of the 19 home sales in the last six months sold in the $400's per sf or less. There were some sales on the high end too. No need to get all huffy, and try to discredit my comment about fisher not being "totally off base." If you go back and read his comment, I think you will see that he wasn't totally off base, as he never mentioned avg sales price. ;-)

Thanks Joe.

 

[Kurt]

I can CONFIRM that there has been SOLID activity in WaterColor. 3 different homes went "contingent" from the same BUYER! Just under $6M in real estate! Who said there was "no market?" I BEG TO DIFFER!!!!!

What's the rest of the story?

 

[Smiling JOe]

A house on Red Cedar sold recently for just over $430 per sq foot, one is pending on Royal Fern with a LIST price of $439, a big home in Cerulean Landing recently closed for around $450, a tennis district house is pending with a LIST price of $477, the auction house in cypress cove sold for about $410, and a home south of 30A in Rosemary sold for about $550.

Close in Phase I houses in Watercolor seem to be selling in the range of $600-700 per square foot. Outside of that area, sellers will be very, very lucky to get over $500.

"Chill out, baby."

No problem dude. Fisher said that you would be lucky to sell a house in Watercolor (not in Phase I) for over $500 per foot. Knowing now that 15 houses in Phase II and III sold for in excess of $500 per foot (9 for over $600 per foot), do you agree with Fisher? If so, you and Fisher should limit yourselves to the entertainment and restaurant boards where subjective opinions are the norm.

fulltime, what I base my comments on are fisher's post, shown above in bold. He was not "COMPLETELY" off base. I stand by my statement. Yes, twice, and now for the third and final time, I used the word "completely" when refering to fisher not being off base. By your comments to me, I can see that you are upset about something. Just chill out. Breathe. If you want only statistical data without the interpretation, perhaps you should start your own data thread. Understanding real estate is not always as simple as a bunch of numbers on paper. There is plenty of subjective information which may be important, and it is not on only the restaurant thread. Thank you. ;-)

 

[full time]

"Understanding real estate is not always as simple as a bunch of numbers on paper. There is plenty of subjective information which may be important..."

Absolutely Bill - it just depends on what the definition of is is.

 

[Smiling JOe]

That is really big of you, fulltime. I believe you, in your first post on this thread, mentioned that you heard a rumor about WaterColor sales. I provide you with factual information, and you want to argue. I just don't understand.

 

[full time]

OK, the train wreck was funny, but I've been reading Fisher's rants on here bashing the real estate market and I've come to the conclusion that he doesn't know what he is talking about (and that goes for Mr. Shelly too). Both speak in absolutes which usually means they are absolutely wrong.

 

[SHELLY]

That is really big of you, fulltime. I believe you, in your first post on this thread, mentioned that you heard a rumor about WaterColor sales. I provide you with factual information, and you want to argue. I just don't understand.

SJ,

The requested answer you were supposed to have given was: "That's absolutely right!!!...the sales prices that the Realtor pulled out of her...ah...the Realtor pulled out proves that the local housing market is taking off again like a rocket and your investments are going to make you rich....RICH I TELL YOU!!!.... beyond your wildest dreams!!"

.

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[full time]

Hey Shelly - Yahoo has some day trader boards. Why don't you join them?

 

[SHELLY]

Hey Shelly - Yahoo has some day trader boards. Why don't you join them?

Because they don't have the "Open House fun factors" of balloons and fresh baked cookies!


.

 

[full time]

"Because they don't have the "Open House fun factors" of balloons and fresh baked cookies!"

No, but real estate doesn't have longs and shorts and puts and stops and all that other sensual language of the day trader you desire. Can we open an Ameritrade dating service for Shelly?