More on the Debacle Behind the Attempted Sale of Michael Jordan's Chicago Area Home

Chicago Now has some blistering analysis on what has gone wrong so far as Michael Jordan attempts to sell his home on the north Chicago suburb of Highland Park.

So his house wouldn't sell at auction for at least $13 MM so what are they doing - at least for the time being? They are putting it back on the market at $16 MM. So who is going to pay more than $13 MM for a house that we already know nobody is willing to pay at least $13 MM for? And let's not forget all the discussion leading into the auction about how an auction was the way to go and auctions get the best price and there was more interest than anticipated. Yeah, right.

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