But the point is it wasn’t a rush sale. If he put it on the market and sold it in a week for a huge loss that would be one thing. But, he had it on the market for two years…chasing the market downhill….Before finally selling at way less than the purchase price.
We hear on this board a lot that luxury homes won’t get hit very hard…
We hear that homes in Portland are still increasing…..
This is a good example of a big loss that wasn’t by a desperate seller.
