Home › Forums › Housing › Advice from smart people › temeculaguy: It’s tough to
temeculaguy:
It’s tough to price real estate based on the list price others are not selling at.
LOL. That has to be the most concise view of the current RE market I’ve heard.
jennyo, just please please don’t do this (from a real ziprealty price history):
Price Reduced: 06/28/07 — $728,000 to $700,000 Price Reduced: 07/09/07 — $700,000 to $695,000 Price Reduced: 07/17/07 — $695,000 to $689,000 Price Reduced: 08/01/07 — $689,000 to $669,000 Price Reduced: 08/02/07 — $669,000 to $650,000
The $5k drop on a $700k house just kills me. FWIW: Even at the peak, this house (LA foothills)should never have been above $600k, if that. -one muggle
