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November 18, 2007

Home's not selling?

Andrea Siegel has a story in the real estate section today about how "the worst home-sales market in recent years has become a great one for St. Joseph statues, as desperate sellers of various faiths invest as little as $4.95 and hope for a miracle." St. Joseph is popularly considered the patron saint of home sellers.
"We are selling 400 percent more than we did five years ago, and we are selling tens of thousands this year," said Phil Cates, owner of stjoseph statue.com. "Last Tuesday, from 12 [p.m.] to 1 p.m., we had 560 orders."

The story notes that the owners of a Washington Village house with no takers despite three price cuts got a statue and are hoping for the best.

"I am a staunch believer in faith, and I know I have done everything possible within my realm of expertise to sell the house," an exasperated Dee Statham, agent for the Washington Village house, said earlier.

 

Posted by Jamie Smith Hopkins at 9:27 AM | | Comments (0)
        

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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