Even Notoriety Can't Sell a House in Today's Housing Market

I was, and continue to be, a huge fan of the 1980's movie "Ferris Bueller's Day Off". A well-known scene in the movie is when Cameron Frye goes into a meltdown and unintentionally causes his father's Ferrari to go crashing through a floor-to-ceiling window into the woods surrounding the house.  That house, located in Highland Park, Illinois, went on the market in 2009 and remains on the market today.

The house boasts mid-century modern architecture and is over 5,000 square feet, with 4 bedrooms, 4 bathrooms and room for 6 cars. It was originally listed at $2.3 million, was reduced to $1.8 million in the spring of 2010 and was reduced again to $1.65 million this past fall. Click here for a link to the listing information.

It provides a perfect illustration that the pain we are all feeling in the housing market today is widespread and affects home owners all over the country at all economic levels.

9 comments :

Michael said...

Wow I love that scene. I didn't realize the estate was up for grabs. Great and fun post. I hope they are able to sell.---Mike

Michael said...

Wow I love that scene. I didn't know the estate was up for grabs. I hope they are able to sell. Thanks for the post. --Mike

real estate ph said...

Thanks for sharing the link on the listings. Will gonna check it.

Angelo H

Catherine A. Murphy said...

$1.8 million in the spring of 2010 and was reduced again to $1.65 million it is really a great deal.

Sandra said...

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Tumby Bay Real Estate

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Dan Statlander said...

Nice posting.

Dan Statlander
http://www.statelandbrown.com
(Real estate experts in Boca Raton Florida)

George E. Bourguignon, Jr. Attorney at Law said...

You would think that some 80's kid would love to buy that house, but it may not just be the tough economic times. Instead it could be location, location, location, that is a major factor.

Real Estate Will said...

great blog, loved that movie, ill keep reading around your site.

thanks, Will