here’s highlighting one exactly like what you’re asking for, with the ad on ZipRealty mentioning that two homes just like it sold for 775 and 800K earlier THIS year, current price of 684K (it won’t fetch that either..I’ll bet ANYONE $500 straight up):
(I posted this originally in the “Observations in my area” thread yesterday)
Here’s one from a neighborhood I’ve been watching for a little over a year now in Rancho Bernardo (SD County)…MLS#066034540.
Per Zip:
Price Reductions:
5/22/06 $760,000 to $724,900
6/20/06 $724,900 to $699,000
7/10/06 $699,000 to $684,000
From ZipRealty:
“Description:
Check out this price! Huge reductions! Motivated seller! Two homes just like this sold for $775,000 and $800,000 earlier this year! Pride of… more”
This is a pretty nice house, too. Listings in the entire meighborhood appear to be chasing the market down, too, with price reductions. More coming on the market soon, too. Sooooo glad I didn’t buy in here last year. What would make a prospective buyer pull the trigger NOW, when all he sees around him is prices being reduced every couple of weeks/months?
