Wednesday, March 9, 2011

Thursday, March 3, 2011

$70000 PRICE REDUCTION???



Ok, so I'm perusing the daily "hot sheet" and came across a listing for a beautiful detached home in Burlington that has just been reduced by $70 000!

Not sure what's going on here.  It could have been ambitiously priced from the start.  I checked the sales history and the house was for sale last year.  Similar scenario but this year it's priced less than last year by $30 000.  Motivated seller???

The house is a detached 4 bedroom near the lake.  Appears updated from the photos. Large yard, mature landscape and an in-ground pool.

Keeping my eye on this one!

I can't publish the address or photos. However,  Email me and I can share the listing with you.

Tuesday, March 1, 2011

Invested in JOY




My business partners and I jumped at an opportunity to invest in Branthaven's JOY Condominium developement, this weekend.   We were attracted to the price point, location (south Burlington, near the highway) and the builder's reputation.  

They are expected to break ground this spring and possession is tentatively set for April 2012.  The development is a mix of commercial/residential units on the street side and townhomes in back.

1000+ s.f. commercial units go on sale this week.