Chasing the market down

[garysears]

Chasing the market down much?

How about your favorite listings of high DOM, multiple price reductions? Check out these sellers. I’ll bet they would have got their current asking price a year ago.

8866 LAMAR ST #4, Spring Valley, CA 91977**
MLS #: 066058699
387 days and counting….

Purchased: 07/09/2003 $240,000

http://www.listingssandiego.com/search/homeview.asp?id=1545284

http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=066058699&page=1&property_type=CONDO&mls=mls_sandiego&cKey=q68j3kw9&source=SANDICOR

In case you don’t have a free ziprealty account:

Original List Price: $390,000
Price Reduced: 07/29/06 — $360,000 to $350,000
Price Reduced: 09/01/06 — $350,000 to $345,000
Price Increased: 09/27/06 — $345,000 to $365,000
Price Reduced: 01/21/07 — $365,000 to $280,000
Price Reduced: 04/06/07 — $360,000 to $332,000
Price Reduced: 06/08/07 — $332,000 to $330,000
Price Reduced: 06/17/07 — $330,000 to $300,000
Price Reduced: 06/28/07 — $300,000 to $280,000
Price Reduced: 07/21/07 — $280,000 to $275,000