Record price drop?

[SD Realtor]

Actually I have a client who wanted to see this home 2 weeks ago. We were going to visit it and that day were told no more showings. On paper it does appear to be a good deal. The listing agent told us they have a cash offer into the lender at that time with another solid backup. He could be bsing us. Not sure.

[an]

[quote=sdrealtor]Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.[/quote]
Is $2.06M too high for 1994 price as well?

[an]

[quote=sdrealtor]Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.[/quote]
Is $2.06M too high for 1994 price as well?

[an]

[quote=sdrealtor]Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.[/quote]
Is $2.06M too high for 1994 price as well?

[an]

[quote=sdrealtor]Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.[/quote]
Is $2.06M too high for 1994 price as well?

[an]

[quote=sdrealtor]Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.[/quote]
Is $2.06M too high for 1994 price as well?

[blahblahblah]

P I M P

That house is awesome. I think there are probably some great deals in the high end right now. Unfortunately they are all still out of my league, even at 30% off.

BTW, look at this place for a cool 4.3M in Hollywood. Moby is apparently angling to buy it. That could be a great investment actually, 3 acres in that location. When (or if?) things turn around, he might make some money on that.

[blahblahblah]

P I M P

That house is awesome. I think there are probably some great deals in the high end right now. Unfortunately they are all still out of my league, even at 30% off.

BTW, look at this place for a cool 4.3M in Hollywood. Moby is apparently angling to buy it. That could be a great investment actually, 3 acres in that location. When (or if?) things turn around, he might make some money on that.

[blahblahblah]

P I M P

That house is awesome. I think there are probably some great deals in the high end right now. Unfortunately they are all still out of my league, even at 30% off.

BTW, look at this place for a cool 4.3M in Hollywood. Moby is apparently angling to buy it. That could be a great investment actually, 3 acres in that location. When (or if?) things turn around, he might make some money on that.

[blahblahblah]

P I M P

That house is awesome. I think there are probably some great deals in the high end right now. Unfortunately they are all still out of my league, even at 30% off.

BTW, look at this place for a cool 4.3M in Hollywood. Moby is apparently angling to buy it. That could be a great investment actually, 3 acres in that location. When (or if?) things turn around, he might make some money on that.

[blahblahblah]

P I M P

That house is awesome. I think there are probably some great deals in the high end right now. Unfortunately they are all still out of my league, even at 30% off.

BTW, look at this place for a cool 4.3M in Hollywood. Moby is apparently angling to buy it. That could be a great investment actually, 3 acres in that location. When (or if?) things turn around, he might make some money on that.

[LAAFTERHOURS]

At least they have the money to have 5 cars to roll in..

[LAAFTERHOURS]

At least they have the money to have 5 cars to roll in..

[LAAFTERHOURS]

At least they have the money to have 5 cars to roll in..

[LAAFTERHOURS]

At least they have the money to have 5 cars to roll in..

[Author]

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