Homes Selling for a Dollar in Chicago? No Thanks, Not Interested
Posted By Vicki McClure Davidson on November 1, 2009
Three homes in the Barrington area of Chicago were listed to sell at a dollar... no one's interested
Things have gotten so bad in the Chicago housing market, even homes listed for ONE DOLLAR are not selling.
No joke… read this…
From Steve Rhodes, NBC Chicago: Dollar Homes Lack Buyers:
The housing market is so bad you can’t even give away homes these days.
Officials in suburban Barrington put three homes up for a sale at just a dollar a piece – a dollar! – and didn’t get a single bidder.
A dollar!
Let’s review: For less than the price of a CTA ride, a Starbuck’s coffee, or the typical tip slipped under a stripper’s G-string, you could have bought a home in Barrington.
Sure, buying a house means assuming the future costs of upkeep, but a dollar!
“Even if you’re offering a house for a dollar, sometimes all those logistics can make it difficult, especially in this market,” Lisa DiChiera of the Landmarks Preservation Council of Illinois told the Daily Herald.
Though the homes aren’t officially designated landmarks, they are believed to have some historic value; that’s why Barrington officials want to sell the homes – which are located in the suburb’s downtown – rather than just demolish them to make way for development, which is the alternative.
Buyers would be required to relocate the homes, but still. All three could be had for less than the cost of a Subway footlong. And your purchase would last a lot longer.
UPDATE, November 20, 2009: Here’s more news of concern for the troubled state of Illinois:
Doug O’Brien, Big Government: Detainees to Illinois: Can Obama’s Home State Sink Even Lower?
Additional reading:
Blithe Spirit, the Blog: Closing Down Chicago
Phil’s Favorites – By Ilene: We Regret To Inform You That The City Of Chicago Will Be Closed Monday
Goodtimepolitics: Most Liberal States Are Least Free Says Study
Gateway Pundit: Dem Leader to GOP: If You Don’t Vote to Bankrupt Country With Libs You’re Unpatriotic
Chicago Breaking News: Alderman’s $200-a-ticket retirement party canceled
Let Freedom Ring: Congressman Warns Rahm: This Isn’t Chicago
Hip Hop Republican: Isaac Hayes – “Help Me Put and End to Corruption in Chicago”
Frugal Café Blog Zone: Stimulus/Porkulus in Chicago… Running Out of Money, City Closed for Business to Save and Darrell Issa to Rahm Emanuel on Stimulus/Porkulus Criticism: “Back Off! This Isn’t Chicago…” and Majority of Americans Demand ‘Cancel the Porkulus Package Now’ and The TARP “Gravy Trough”…Barney Frank Wants to Funnel $1 Billion from TARP to Homeless and More Insanity from DC… John Murtha Puts Your Taxpayer Stimulus Money to Work and Like a Wild Little Kid in a Candy Store: Obama Spending $18 Million to Redesign Recovery Website and Soft Tyranny: Mark Levin Interview on Sean Hannity’s Show (video) and VP Biden Says to Expect “Scamming & Waste” of Stimulus Money on His Watch: Billions at Stake, Bring in Wile E. Coyote and Michelle Obama: “Patient Dumping” While at University of Chicago Medical Center
Hot Air: Video: Obama addresses IOC, promises to restore diversity to America or something
Brent Bozell, Townhall.com: Obama’s Olympic Arrogance
Pundit & Pundette: George Will on Obama’s ‘gaseous rhetoric’ and Olympian ego
Greg Gutfeld, Big Hollywood: Daily Gut: It’s All About Him, Not Us
News You May Have Missed: Whitehouse Strong Arming Congress
Small Dead Animals: He’s Running America Like They Run Their Party
Hispanic Pundit: Obama’s Proposed Power Grab
Sister Toldjah: Figures: PrObama MSM spins bad economic news as good
Michelle Malkin: The pay czar’s power grab and Be careful: DOT inspector general challenges O’s stimulus spending and Cornyn to Obama: Disband the Internet Snitch Brigade and This is what mob rule looks like and When you can’t stand the heat… and Dodd and Obama: Corrupt birds of a feather; Update: Resisting subpoena; Dodd has prostate cancer and Grass-roots revolt in Austin, TX: “Just say no!” to Obamacare; Pennsylvanians boo Sebelius & Specter, “How can you manage health care when you can’t manage Cash For Clunkers?” and The 60th anniversary of 1984 and Stimulus…or smut-ulus? and The more he talks about nationalizing health care and spending more money… and After the “Special Master of Compensation” and The biggest, most magical makework program ever!
Hot Air Green Room: Obamacare would already be law, if not for you stupid Americans
The Clampdown: The Chicago Way
Confederate Yankee: “The Obama Administration is the Most Fiscally Irresponsible in the History of the U.S.”
Burt Prelutsky, Big Hollywood: Time to Get Mad as Hell
Jim Blazsik: “We Misread How Bad The Economy Was” – Joe Biden
Stop The ACLU: Obama Tanks In Ohio
VotingFemale Speaks!: Obama-Pelosi Declare WAR; Demonizing Health Industry; Warning, Socialist Demons At Work
Matthew Vadum, American Spectator: DNC Organizing to Destroy U.S. Healthcare
Frugal Café Blog Zone: Beatles, ‘I’ll Tax the Heat, I’ll Tax Your Feet’: Britain’s a Mess with Its Punishing Taxes, We’re Not Far Behind
Frank DeMartini, Big Hollywood: Obama’s Six-Month Report Card
La Shawn Barber’s Corner: Why Barack Obama is Overrated (from 2006)
Free Republic: Socialism Coming Back To Haunt U.S. and Beware of Obamanomics
The American Spectator: Obama’s False Choice
Jim Gilmore, Human Events: Obama’s ‘New Socialism’
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