“The simple law of supply and demand dictates prices should rise as inventory drops.” “inventory is drying up.”
ScamScamScamScamScamScamScamScamScamScamScamScamScam
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County home sales up 34 percent in September, prices dip to $180,300
By Kimberly Miller Palm Beach Post Staff Writer
Posted: 10:27 a.m. Thursday, Oct. 20, 2011
Everyone wants a deal, that 3/2 with a pool and discounted price tag, but homebuyers in Palm Beach County are finding more fixer-uppers than low-cost luxury.
With sales of existing homes elevated all year - they were up 34 percent last month compared to September 2010 - inventory is drying up.
And as with most things in the new world of real estate, old rules no longer apply. The simple law of supply and demand dictates prices should rise as inventory drops.
Terence Desvignes would like to be one of those buyers, but after two years of looking in Palm Beach County he has yet to find what he wants in a price range he’s willing to pay.
“It’s not only lack of inventory, it’s lack of quality,” said Desvignes, who hopes for a home in the $250,000 price range in a gated community with a large yard and view of a lake.
But his Realtor, Shannon Brink of RE/MAX Prestige Realty in West Palm Beach, said Desvignes may have to consider neighborhoods not on his original list.
“I had a pretty blunt conversation about the fact that not only are the steals disappearing, but we are running out of any options at all in some of these communities in a certain price range,” Brink said.
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Confidence trick
“Con games”
“Scam”
A confidence trick is an attempt to defraud a person or group by gaining their confidence. A confidence artist is an individual working alone or in concert with others who exploits characteristics of the human psyche such as greed, both dishonesty and honesty, vanity, compassion, credulity, irresponsibility, naïveté, and the thought of trying to get something of value for nothing or for something far less valuable.
The confidence trick is also known as a con game, con, scam, grift, hustle, bunko, swindle, flim flam, gaffle or bamboozle. The intended victim(s) are known as marks. The perpetrator of a confidence trick is often referred to as a confidence man/woman, con man/woman, con artist or grifter. When accomplices are employed, they are known as shills.
See also
Counterfeit
Franchise fraud
Great Reality TV Swindle
(Angelo Mazzillo)
List of confidence tricks
List of criminal enterprises, gangs and syndicates (Realtors)
List of Ponzi schemes
Malignant narcissism
(Deadbeat)
Moving scam
Phishing
(Bank of America)
Ponzi scheme
Psychological manipulation
(Homeloaner)
Psychopathy
Pyramid scheme
Quackery
Scad (scam ad)
Scam baiting
Scams in intellectual property
Social engineering
(HAMP)
Spanish Prisoner
Sting operation
Swampland in Florida
UK Plot Based Land Banking
White-collar crime
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