“Also, 1802 Puterbaugh sold for 650k. Last year it was listed for 995k.
I personally like these old houses and while just slightly out of my price range, I have a question. If this is a trend and places like these start selling for 600k, then what will happen to the shacks that are now selling for 600k? I think CAR is right and there will be a squish down compression.”
JP, I agree with you. I have been saying for some time that Mission Hills has come down in price to the point where the premium over houses in neighboring areas such as NP and KEN has practically evaporated. I think it is a good time to buy in MH if you can find a deal.
I thought of you, JP, when I saw this house listed
