I shot a question to the realtor about this property:

I may be interested in this property at the 2004 price level, around $375,000. If the seller is willing to negotiate then get back to me, otherwise I’m not interested, no hard feelings 🙂

24466 SUNSHINE DRIVE, Laguna Niguel, CA 92677
Bedrooms: 3
Full Baths: 2
Partial Baths: 1
Square Feet: 1,500
Lot Size: N/A
Year Built: 1996
Listing Date: 09/27/06
On Market: 108 days
Type: SFR
Status: ACTIVE
MLS #: S460226
Asking price: $644,900
Last sold for: $315,000 on 08/23/00

What do you think the seller will do? I feel there is a fair chance prices MAY rollback to pre-2002 levels so this property may end up $320-330k after all is said and done, I thought $375k was the highest I could go without exposing myself to serious risk.