Model match across the street on an interior lot listed for $619,000 reduced from $635,000. http://www.redfin.com/stingray/do/printable-listing?listing-id=1162064
I understand that some of these sellers are listing for what they must get in order to get out because they have no cash to bring to closing and/or to show the bank that they are making an attempt to sell in order to lay the groundwork for a short sale but what possibly logic could there be for reducing the price $16,000 when you are hundreds of thousands over the market.?
And by the way the repo at $445,000 is overpriced as this one came on recently at $354,000. http://www.redfin.com/stingray/do/printable-listing?listing-id=1330404
Its about 500 sq ft smaller than the other two (2588 sq ft – not 3224 as listed vs 3165) but its on a canyon view lot. This one might actually sell.
