Yeah,in Santee, one was up for a about a year that reduced their asking price from 495k to 475k (tried to get 495k after the one directly across the street from me did in ’05)took in off the market. Did some repairs, the place still looks like sh**)now they have put it back on at 480k. It won’t sell, it’s real crap! It is way high.
A friend of mine is selling because they are getting a divorce(same area). Their house is a dream and bigger and they are asking 11k less. They just want to get out so they are ready to deal.