With the housing market in decline.

Here's a list of real estate definitions you might find helpful...

[tangor]

Real Estate Terms

Sophisticated City Living - next to a noisy bar
Old World Charm - Has some woodwork, needs cleaning
Contemporary Feeling - Has no woodwork, needs cleaning
Close to Lakes - Impossible to park on street from April to October
Picturesque setting - Abandoned cars and waist-high weeds on neighbors lots
Wide Open Floor Plan - previous owner removed supporting walls
Updated Kitchen - Sink no longer overflows
Security System - neighbor has dog
Needs TLC - major structural damage
Motivated Seller - been on market for 14 years
Convenient - next to freeway on ramp
Mint condition - spilled mouthwash on floor
Neutral Decor - No murals of nudes or Elvis
Move-in Condition - front door missing
Cozy - no room bigger than 9'x 6'
Light, Open spaces - many holes in walls
Outstanding - sticks out like a sore thumb...

[jsinger]

Unique Fixer-Upper

From Ghostbusters, upon being shown the firehouse for sale:

REAL ESTATE WOMAN
There's office space, sleeping quarters and showers on the next floor and a full kitchen on the top left.

PETER
It just seems a little pricey for a unique fixer-upper opportunity, that's all. What do you think, Egon?

EGON
I think this building should be condemned. There's serious metal fatigue in all the load-bearing members, the wiring is substandard, it's completely inadequate for our power needs, and the neighborhood is like a demilitarized zone.

[rocker]

Friendly Neighbors - neighbors are nosey
Lots of kids on the block - be sure to lock your car at night
Schools Nearby - massive traffic jams in the morning and late afternoon

[LifeinAsia]

Late Afternoon Light- you can actually see the sun for about 10 minutes in the afternoon between the neighboring tall buildings
New Skylights- holes in roof
Central Air- big hole in middle of roof
Great Views- you can see into your neighbor's bedroom
Walkable Neighborhood- constant traffic jams and no parking available, so you might aw well walk
Other Interested Parties- many offers that were dropped once they got the inspection report
Cozy Neighborhood- 6 inches of grass between houses