esmith, I agree with you. But in my opinion, it’s the trend that is our friend here. This particular low list price might be rejected, but the important part is that another lower plateau has been breached. That means many more will follow and some of those will sell thereby setting the new comps and continuing the downward spiral.
Would you have even dared to hope for such a listing even 1 year or 2 years ago? No way. This is more pressure in our favor (and good news for all regular families, actually).