Well, it’s been awhile since I’ve made you aware of a real estate offering in my fair city, so I present you now with 221 Santa Rita Avenue here in Palo Alto. For the low price of $3.4 million (well, that’s the ask – – it’ll surely go for a lot more with many offers) you can call this place your own personal palace:
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Eye Why Argh
Yes, I recognize all too well that the stock market is at the highest levels seen in the history of the universe……..
Irrational Real Estate
I’ve done many, many posts about the insane real estate market here in the Bay Area. I’m not going to bore you with another “can you believe how much they want for this?” because, by now, I think you kind of get the point.
However, this week, in the venerable Palo Alto Weekly (which, as is typical for the newspapers around here, has a publishing frequency that has absolutely no correlation to its moniker) a local real estate agent, Xin Jiang (pronounced “Xin Jiang”) composed the following article, which I have helpfully highlighted for you: (more…)
KBH Lower Highs
It’s a pretty ho-hum day so far; as I’m typing this, the IWM is, as Tom likes to say, “massively unchanged.” Here’s one idea to consider – shorting KB Home, which has been lurching through a series of lower highs and is at what I consider an attractive shorting price now.
Gorgeous Craftsmanship!
Here’s your latest real estate update about my neighborhood: in this morning’s paper, I was amused to see this color photo of a house that was just sold which – evidently – exhibits “Gorgeous Craftsmanship.” Try to drink in the beauty……….if you can:
It was offered at $2 million, but as you can see, it “SOLD over asking!” I would also point out to the uninitiated that this hallmark of craftsmanship is in a pretty nasty part of town. So there ya go.
Anyway, with all the post-Fed nonsense, I just thought I’d post something silly.
