Even if they are a bait and switch, they are either having a profound effect on the rest of the market when listing or everyone is doing it. Just when you thought it couldn’t go lower, it does. Here is a couple of just listed, including one a few doors away from the tudal model (and listed in the 300’s). I don’t believe they are all pricing gimmicks because these low priced one that I have been posting for a few months are the only ones selling, if you want to sell, you need to be the lowest priced one by 10%.
All listed in the last 48 hrs, all in morgan, redhawk or wolf, and all priced lower than anything recently for their tracts (one approaching 60% off peak, 659k to 308k). A year ago we were wagering a free beer for a 50% off sighting, if that was still valid, I’d end up in the emergency room having my stomach pumped. I haven’t even gotten to the reductions of the ones sitting but it’s listing such as these that cause the reductions in the others so if one is a gimmick, it has a domino effect. God help French Valley, maybe after a couple of glasses of wine, I’ll check it.
