Painted Lady Open House Report

Written by Jim the Realtor

October 23, 2011

If everything goes right, we should sell it this week:

5 Comments

  1. François Caron

    For a moment there, I was afraid you were paying more attention to the number of ice cream trucks than to the number of visitors at the open house! 🙂

    Congrats on what seems to be a quick sale, Jim! No advertising whatsoever, just word-of-mouth over the Internet. Maybe the MLS folks will finally get the message that videos can sell houses better than a picture.

  2. Jim the Realtor

    It was a great opportunity to catch up on my ice-cream-truck quota! Plus, it’s another benefit of living in this neighborhood – if you could live on ice cream sandwiches you’d never have to go to the market!

    Thanks to John the Commenter for participating!

  3. Jim the Realtor

    Nice work fellas:

    America’s credit rating is likely to take another hit before the end of 2011, threatening renewed market turmoil, Bank of America Merrill Lynch economists warn.

    In a report on Friday, BofA Merrill said it sees little hope of a breakthrough by the congressional “super committee” on deficit reduction. The bipartisan group has until Nov. 23 to identify $1.5 trillion in deficit cuts over the next 10 years — through reduced spending, tax hikes or both.

    “The ‘not-so-super’ deficit commission is very unlikely to come up with a credible deficit-reduction plan,” wrote Ethan Harris, North American economist at BofA Merrill. “The committee is more divided than the overall Congress.”

    Ratings firm Standard & Poor’s on Aug. 6 shocked global markets by cutting its U.S. debt rating to AA+ from AAA, marking the first time in history that the nation’s creditworthiness was considered less than top-rung.

    S&P at the time said that the plan Congress had just worked out to raise the federal debt ceiling fell short of what was needed to stabilize the nation’s longer-term finances.

    The ratings firms are likely to draw the same conclusion if the super committee fails in its task, Harris warned. “The credit rating agencies have strongly suggested that further rating cuts are likely if Congress does not come up with a credible long-run plan,” Harris wrote. “Hence, we expect at least one credit downgrade in late November or early December when the super committee crashes.”

    But it’s unclear whether the ratings firms would want to move that quickly, based on the language they’ve used in recent months when assessing the U.S. debt situation.

  4. chrisanthemama

    That is one sweet exterior paint-job there. Was kind of curious how the rest of the house turned out: nice from what I saw. Thanks for the update, and hope for a quick sale.

  5. chrisanthemama

    P.S. Now I see the earlier Painted Lady vid. thanks!

Jim Klinge

Klinge Realty Group
Broker-Associate, Compass
Jim Klinge

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