More Housing Decline Example

[PerryChase]

Here’s an example price decline of a modest home.

97** Winter Gardens Blvd #121, Lakeside, CA 92040
Listed at $195,000
Sales History
03/25/2005: $208,000
07/30/2003: $144,727

Looks like they did some interior remodel.

[Steve Beebo]

To be fair, it’s listed at $195,000 to $224,876. Let’s see what it actually sells at.

[UP IN ARMS]

I can show u listed as losses all day on a bunch of homes. Heres one.
Paid $350k in 2004
Listed at $339k at the moment.

http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=T612964&page=1&property_type=SFR&mls=mls_so_cal&cKey=v5c26gs6&source=MRMLS

http://www.zillow.com/HomeDetails.htm?city=TEMECULA%20&state=CA&zprop=18186379

Zillow claims its worth $404,454 so ya zillow is not even close most times. Whole 65k higher here on lower end home.

[Author]

Posts