SD Realtor,

So so true. I see it all the time. Not just with homes but with other investments. Some people ride stocks all the way down to the pink sheets and still think their stock will some day come back. It rarely happens.

The funniest thing is the realtor.com listing says, “Motivated Seller – Make offer”. I got a good laugh from that. I guess they have been motivated to sell since 2008!

http://miniurl.com/101882

12/26/2010 Price change * $1,139,999 -0.9% $314 HKTCAL, Inc.
10/21/2010 Price change * $1,149,999 -3.8% $317 HKTCAL, Inc.
05/23/2010 Price change * $1,194,999 -4.4% $329 HKTCAL, Inc.
04/08/2010 Listed for sale * $1,249,999 4.3% $345 HKTCAL, Inc.
04/18/2009 Listing removed * $1,199,000 — $331 Keller Williams Realty
03/07/2009 Price change * $1,199,000 -6.7% $331 Keller Williams Realty
08/18/2008 Price change * $1,285,000 -1.2% $354 Keller Williams Realty
07/15/2008 Listed for sale * $1,299,999 27.8% $358 Keller Williams Realty
12/09/2005 Sold $1,017,500 — $280 Public Record