Speaking of bubble purchases--3042 Thompson Ave, Alameda, CA
Yet another East End property purchased during the run-up just hit the market. 3042 Thompson Avenue has the following specs:
Keep 'em coming. The more inventory we have, the more downward pressure on prices, even with all the Spring fever idiots buying for over asking.
Update 9/19/09: Back as MLS(r) #40429335 for $699,000.
3 bedrooms, 2 bathrooms, 1,490 sqft, 4,400-sqft lot, MLS(r) #40410279, $725,000Purchased in 2003 for too much money, it's now on the market for too much money ($487 / sqft).
Great Fernside District Neighborhood. [...] Formal Living Rm & Dining Rm. Breakfast nook facing front of house. Master Bedroom W/Bath & Exit Door to Deck and Yard. Newer Furnance,Water Heater and Windows.
Keep 'em coming. The more inventory we have, the more downward pressure on prices, even with all the Spring fever idiots buying for over asking.
Update 9/19/09: Back as MLS(r) #40429335 for $699,000.
Miscellaneous