Wake Up! The Economy/Housing Market is Tanking

[Yurt]

for pete and mary's sake folk, let's get out a big brownie bake sale and make sure this guy does not go homeless if his home does not sell. are you with me?


Wake Up! The Economy/Housing Market is Tanking

Unbeknownst to me, Denver Nuggets guard Allen Iverson has been looking to sell his 14,000 square foot home in Villanova, Pennsylvania for over a year now. (A.I. usually calls me about such matters. I thought I had his financial ear.)

According to the Wall Street Journal's Private Properties column, Iverson has dropped the price to a "desperation deal" of $3.999 million — a million less than he paid for it in 2003. (/crunches numbers on calculator watch.) Yep. That's not good business. The details, via Luxist

http://sports.yahoo.com/nba/blog/bal...urn=nba,106478

3.999? who the fackle lists a home or anything, save gas, for that price?

[avatar4321]

You know, ive probably driven past that place a million times and never even known it was there.