Saturday, December 29, 2007



Today's F@cked Buyer (West Palm Beach)

It's getting relatively easy to find condos and townhomes in Palm Beach County being offered for half off their 2005/2006 purchase price. Here's another one. This short sale is being offered for 49% off its 2006 purchase price. I remember when people used to laugh at me when I told them that we'd being seeing 50% price cuts.

160 LAKE GLORIA DR # 1600, West Palm Beach, FL 33411

3 comments:

Anonymous said...

So TRUE!
My god did I get the flack 2 years ago on the SS threads!

South Florida Housing Bubble said...

You and me both along with some other regular posters like "Wake up Broward," Mike Fink, and a bunch of others that were there two years ago.

Remember "Millionaire?" I miss that guy the most. He was great and was absolutely convinced that properties would continue to go up 20% per year. I wonder if he has ever read this site.

Anonymous said...

He started out in Toledo Oh, about an hour from me. He was trashing the market something horrible, like don corleone from Medina Oh 20 miles away.(remember him?).
Anyway, next thing I know his isp changes to WPB and he's pimping the market.
He still posts occasionally as hehe. Sounds like he bought something in WPB area.
Yeah we were outnumbered like 10 to 1. LOL