What were they thinking?

They’re still horsing around, I believe

They’re still horsing around, I believe

135 Doubling Road dropped today to $3.795 million — it started off last September at $4.875.

$3.795 strikes me as a steep price to pay for a 1915 carriage house on an acre-and—half, renovated or not, and I suspect that the final selling price will be less, but the current owners paid $5.550 for this house back in 2005, just 30 days after it hd been put up for sale. Our 2005 market was certainly stronger than today’s, but $5.550? Really?