Submitted by kev374 on December 20, 2007 - 2:05pm.
good find gn, these will be 10% lower by mid next year after all the ARM reset carnage unfolds 2008 Q1 and we're officially in a recession.
The fascinating thing is that while even these "low" priced units are languishing on the market with no takers there are a number of sellers listing their 1600-1800 sqft units in the same neighborhood for $650k+! I wonder if these are all FSBOs, surely they can't be realtors pricing these in this market.
What about this house in Mission Viejo :
2300 sq ft SFR listed at $495k.
http://homes.realtor.com/search/listingd...
good find gn, these will be 10% lower by mid next year after all the ARM reset carnage unfolds 2008 Q1 and we're officially in a recession.
The fascinating thing is that while even these "low" priced units are languishing on the market with no takers there are a number of sellers listing their 1600-1800 sqft units in the same neighborhood for $650k+! I wonder if these are all FSBOs, surely they can't be realtors pricing these in this market.
What about this house in Mission Viejo :
2300 sq ft SFR listed at $495k.
When I followed the link and saw "Close to freeway" in the ad, I was sure I'd go to Zillow and find it backed up to the freeway. But I was wrong.
It backs up to RAILROAD TRACKS. The freeway is about 1500 feet away! lol
It backs up to RAILROAD TRACKS. The freeway is about 1500 feet away! lol
Wha??? Well, in that case it's additional 20% off right there and a lifetime supply of earplugs.