Delusional seller of the year award

This home is the epitome of what is wrong with this market. It has a delusional seller asking a ridiculous price and it has been listed by illiterate Realtor that should have smacked the seller in the head when he heard his asking price.

The award for the most delusional seller in the IE goes to the guy trying to sell

5272 Dood ST, Mira Loma, CA 91752. Dood st... As in DOOD you are high if you think your house has gone up 544% since 1999.

This home almost qualifies as a real homes of genius award winner in addition to the delusional seller award. The home look like it was decorated as part of a haunted house or possibly a tacky 1960s theme restaurant. We can also give the Realtor (JAVIER ALVAREZ) an honorable mention for the ridiculous description. I've highlighted the spelling errors for your amusement.
"BEAUTIFULL RANCH STYLE HORSE PROPERTY WITH ANOTHER APN NUMBER ATTACH WITH THIS LISTING PRICE IT WILL WELCOME YOUR BUYERS TO A FORMAL LIVING & DINNING ROOMS LARGE KITCHEN WITH CUSTOMED TILED COUNTER TOPS, SPACIOUS MASTER BEDROOM WITH FILIGREE CARVED WOOD ENTRANCE DOOR, FULL BATHROOM AND WALKING CLOSET. 2 MORE BEDROOMS AND A SEND FULL BATHROM. THIS LOVELY HOME WILL ACCOMODATE YOUR GUESS IN A PRIVATE ENTRANCE TO A ONE BEDROOM FULL BATHROOM LIVING ROOM WITH A FIRE PLACE, IT ALSO HAS A NICE POOL AND A CAPILLA. THERE ARE 3 HOUSE BARNS STABLES"

All Caps, a multitude of spelling and grammatical errors and then there are the colorful exaggerations. Beautiful ranch style? What part exactly is beautiful? This lovely house will accommodate my GUESS (I guess I have no idea what he is talking about). What the hell is a "3 house barns stables"? I assume he means that there are two units and a barn but then again I don't speak realtor. That sure is a nice pool too, with its au naturale green water.



This guy picked up this gem in 1999 for $146k. Now, 8 years later he thinks this POS has gone up a whopping 544%. That works out to $81K per year. Who needs to work when your house is earning $81k per year? I would not even offer $146k for this thing today. It's a gaudy mess in a terrible area that is polluted by the Stringfellow acid pits. Not only do you have to fear for your life but your kids might grow another set of limbs. If none of that matters to you then you can pick up this little piece of heaven for $795k.

Smoking the dream pipe

This is another Real Homes of Genius award winner.

3847 Ellis, Corona, CA 92879. This 3 bedroom 1 bath home with a whopping 854 sq/ft of living space can be your's for the amazing price of $450,000! Yes, that's right $527 a square foot to live in HOME GARDENS (the ghetto of Corona). Let's look at the sales history of this home. This baby was built in 1936 but Redfin only has history back to 1989.

04/03/2006	$370,000
11/06/2002	$143,000
03/01/1989	$80,000

The $80k paid in 89 is high, I bet you could have bought this in 96 for $50k. The $370 paid in 2006 is insane and the current asking price is beyond comprehension. Even with the "unpermitted" shack in the back yard (no doubt the old garage) this thing is not worth $100k.

$450k for a 70 year old shack in the worst area of Corona?? WTF are they thinking. For that kind of money you can drive over to Eastvale and get a brand new, huge home in a much better area. It's just amazing that these types of listings are still around.

It does have one thing going for it. It's only about 100 yards away from Angel's strip club!

Riverside "Real Homes of Genius"

Dr. Housing Bubble does a "real homes of genius" for the LA area, so I thought I would post one from Riverside.

For your pleasure, here we have our diamond in the rough. Oh wait, that's not a diamond it's a turd.

5660 34th ST, Riverside, CA 92509 This gem (turd) is in the ghetto over in Rubidoux, yet our intrepid home owner thinks his castle is worth a whopping $410,000 or $438 a sq/ft!. This charming 936 sq/ft 2 bed 1 bath cottage was built in 1926. I'm sure it's been remodeled at least once since then. This luxury castle sold at a bargain price of $8,292 in 1992, or about 1/2 what I paid for my 92 Isuzu Rodeo that year. If only I would have bought this instead I could have been looking at a nice profit of over $230k with it's 2005 sales price of $250K. Our most recent owner thinks his turdburger has gone up $160K since his purchase 2 years ago. It must be that fresh coat of blue paint or maybe it's just the fumes or possibly he's gone mad looking at those red living room walls. Whatever did it our owner has definitely lost his marbles if he thinks this shack is worth even 1/2 his asking price. For pete's sake the roof is falling off, the lot is dirt, the home is 90 years old and looks it!

Even the realtor must be dumbfounded, not one word describing this shack, just a few pics.

We salute you, Real home of Genius!