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05.30.08, 08:14 AM New York City
13 replies
House in Rye sold for half asking price (from $10 mil to $5 mil). [ Reply | Watch | Flag ]
New York City 05.30.08, 08:14 AM Flag
 

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10 mil? [ Reply | More ]
General Topics 05.30.08, 08:16 AM Flag
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First they wanted 9 or 10. Then they brought it down to 7 something. I saw it sold, looked on Zillow - it went for about $5.6. Fancy new house on my old block, near the water. [ Reply | More ]
General Topics 05.30.08, 08:17 AM Flag
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so the moral of the story is - yes, the credit crisis is hitting luxury housing too. [ Reply | More ]
General Topics 05.30.08, 08:18 AM Flag
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zillow is inaccurate. I wouldn't trust it [ Reply | More ]
General Topics 05.30.08, 08:56 AM Flag
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up or down? [ Reply | More ]
General Topics 05.30.08, 10:55 AM Flag
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maybe something terrible came up on an inspection? [ Reply | More ]
General Topics 05.30.08, 09:12 AM Flag
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well the ground is very wet. The pool was sinking into the ground - probably why they filled it in. I think the last house on the property was sinking as well. [ Reply | More ]
General Topics 05.30.08, 11:35 AM Flag
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unless it is a 40 room mansion, it seems like 10 million is an inflated price. [ Reply | More ]
General Topics 05.30.08, 09:14 AM Flag
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Not in Rye. [ Reply | More ]
General Topics 06.04.08, 08:19 AM Flag
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Do a search on www.houlihanlawrence.com and select all towns you will see that that price isn't that high compared to other homes for instance I know there is a house in Town of Mamaroneck for $18 million. [ Reply | More ]
General Topics 06.04.08, 08:21 AM Flag
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still about 4.5 million than I can afford. But good to know that prices are coming down. fingers crossed. [ Reply | More ]
General Topics 05.30.08, 09:13 AM Flag
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I know Rye is super fancy and all, but I can't believe that there are houses there for 10 million. i mean, 10 mill?? I can see 4,5,6, but 10?? That's an enormous amount of money. I think they overvalued it a bit. [ Reply | More ]
General Topics 05.30.08, 09:15 AM Flag
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Oh it was completely overvalued. was not on the water; only had "winter water views." It had a pool in the back, but actually when the spec people came in they filled in the pool to make a larger back yard. Basically a McMansion. Another house down the street has an indoor pool, water views - sitting on the market at 12.5 going absolutely nowhere. Got an offer for 9, they didn't take it. Gorgeous home but seriously folks, the greed has to end. [ Reply | More ]
General Topics 05.30.08, 10:54 AM Flag
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