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Showing posts from November 4, 2007

2155 N. Beverly Glen- listed $995,000 sorry, no sale

There's a big difference between 5000 sq ft and 7500 sq ft. There's a big difference between 4 bed, 2 bath and 2 bed 2 bath. It's a million dollar shed with stainless appliances, marble tile baths and a 100 year old oak going through a portion of roofline. Pass.

A commenter via Westside Bubble

Rosebud says- There was a comment about rich people all sending their kids to private schools, ergo the quality of schools didn’t factor into this discussion… think the same poster said that the schools were good, but not great. The best school in the district is in Northern SM, which is in the top 1.5% of all elem schools in the state. Top 1.5% is great not good. I’ve said it before, this is a huge factor when deciding where to buy for those that have kids or are thinking about it. With the top private schools costing 3k per month, per child, a family with 2 kids can afford nearly $1MM more on a mortgage by sending kids to the great public schools. Even if you feel you need to send them to a private high school, you rack up significant savings beforehand. The rich pay for their kids’ education out of the same account that they pay their mortgage. For those counting, this is OUR deciding factor. We currently have a house that meets our needs for shelter, but is too small and is in a LO

Is it 1989 all over again?

Instead of the sudden exit of aerospace contractors in a softening market, we have the sudden cessation of all movie and tv production and allied trades. What is this going to do? No writers= no shows, and the news writers are scheduled for November 15, the actors for this summer. No shows or movies = no best boys, gaffers, studio runners, producers, etc. No marketing, no advertising, and most importantly, no lunches at Craft or Mozza. No Starbucks, no dry cleaning, no dog-walkers or daycare for those affected by the production stop. I just sold my house in September to a lovely couple who toil in special effects for television. Unless they have considerable assets banked that are not currently in the house, I fear the bank may end up with that house within a year or so.

Is it still 2004?

It seems that Cheviot Hills is in some sort of time warp. Ok, there was a house on Dunleer Drive (not to be confused with Dunleer Place). I say WAS because Broker's Open was Tuesday and the house was already in multiple offers over asking by Friday. It was close to perfect. Great public schools, 10,000 sq foot lot, big house (although the bedroom situation would have required some work.) Sigh. Onward...