Record price drop?

[an]

http://www.sdlookup.com/MLS-090063458-6946_Circo_Diegueno_Dr_Rancho_Santa_Fe_CA_92067

Although this house and others like it are way out of most of our price range, this one is the lowest I’ve seen. Pending at $2.45M, sold in 1999 for $2,764,500 and sold in 1994 for $2,062,500. So are these houses back to ~1996 nominal price?

[AK]

That is quite the price drop … from the photos the place looks a bit neglected.

And yes, quite a bit out of my price range too 🙂

[AK]

That is quite the price drop … from the photos the place looks a bit neglected.

And yes, quite a bit out of my price range too 🙂

[AK]

That is quite the price drop … from the photos the place looks a bit neglected.

And yes, quite a bit out of my price range too 🙂

[AK]

That is quite the price drop … from the photos the place looks a bit neglected.

And yes, quite a bit out of my price range too 🙂

[AK]

That is quite the price drop … from the photos the place looks a bit neglected.

And yes, quite a bit out of my price range too 🙂

[briansd1]

I always believed that the “primo” houses will be most affected.

There are few buyers to support the high-end during a recession.

It was the same in the 1990s.

[briansd1]

I always believed that the “primo” houses will be most affected.

There are few buyers to support the high-end during a recession.

It was the same in the 1990s.

[briansd1]

I always believed that the “primo” houses will be most affected.

There are few buyers to support the high-end during a recession.

It was the same in the 1990s.

[briansd1]

I always believed that the “primo” houses will be most affected.

There are few buyers to support the high-end during a recession.

It was the same in the 1990s.

[briansd1]

I always believed that the “primo” houses will be most affected.

There are few buyers to support the high-end during a recession.

It was the same in the 1990s.

[sdrealtor]

Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.

[sdrealtor]

Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.

[sdrealtor]

Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.

[sdrealtor]

Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.

[Author]

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