I’ve been tracking Carmel Valley since the first week of January. The reductions are stunning! Most interesting is that when the list of price reductions on ziprealty gets too long for a house, and downright embarrassing for the seller, it will suddenly disappear for a few weeks (at first I thought they were selling). Then – they reappear as new listings. Starting price being the lowest price they had reduced to before they pulled it. I love the internet… it makes it so easy so to see what tricks they are trying to pull. This is just the beginning……
