Sellers move in mysterious ways, and it's a wonder to behold

 718 North Street

718 North Street

The owners of 718 North Street couldn't find a buyer at $2.750 million and the listing expired last October. So now they've raised its price to $2.895 and are trying again. Whatever.

I really like this house, and think it's a good value: it sold for $3.2 million in 2010 (and $3.583 in 2001), and these owners put more than a million dollars into it, or so their agent claims, completely redoing the mechanicals, including HVAC, electrical, kitchen, windows and roof, and put it back on the market at $4.8 million in 2013. It hasn't sold yet.

I've tried, and failed, to get several of my own clients interested in this property over the years - can't even persuade them to see it, and I don't understand why, but obviously they, and the rest of the buying public, found something so objectionable about it that they reject it out of hand. Too bad: it's a pretty good buy, but regardless, raising its price seems both counter intuitive and ill advised.