Yes UCGal, I remember when JTR did that piece. It was interesting that many people thought that it would sell for way over list price but it didn’t. Even if CAR missed that one it is a comparable and so something like that house in that price range could easily come up again. The fact that a buyer didn’t step up and overpay for the place should be encouraging to a buyer looking for a similar property and location. Thus, I think there is some opportunity even in the best locations and most competitive price ranges if you don’t mind a project.
