Sellers and their economic conundrum

[pfflyer]

Raptor, In your opinion are the homes in your price range “worth” 2003 values. I’m looking at a different sector but trying to assess what year these will fall to before they make sense again.

[raptorduck]

JL. My house is just like the majority of older Pardee homes in CV down to the lot size, well except it is not near the beach and in Northern California.

My neighbor decided to sell his house to himself for $150k less than the most recent comp. Got to love the interfamily transfer comp killers. When a buyer’s agent does a comp search, he/she will find my neighbor’s house listed for 0 days and imediately sold. This was almost 6 months ago. Funny, the house sold, but the new buyer looks identical to the prior owner, down to his wife and kids. He even drives the same 10 yr old car.

Well, I am going to list it for the lowest price/sf in the area and move on. All I need is one buyer. It will be the fist fully remodeled home in my neighborhood to go up for sale, ever.

[raptorduck]

JL. My house is just like the majority of older Pardee homes in CV down to the lot size, well except it is not near the beach and in Northern California.

My neighbor decided to sell his house to himself for $150k less than the most recent comp. Got to love the interfamily transfer comp killers. When a buyer’s agent does a comp search, he/she will find my neighbor’s house listed for 0 days and imediately sold. This was almost 6 months ago. Funny, the house sold, but the new buyer looks identical to the prior owner, down to his wife and kids. He even drives the same 10 yr old car.

Well, I am going to list it for the lowest price/sf in the area and move on. All I need is one buyer. It will be the fist fully remodeled home in my neighborhood to go up for sale, ever.

[raptorduck]

JL. My house is just like the majority of older Pardee homes in CV down to the lot size, well except it is not near the beach and in Northern California.

My neighbor decided to sell his house to himself for $150k less than the most recent comp. Got to love the interfamily transfer comp killers. When a buyer’s agent does a comp search, he/she will find my neighbor’s house listed for 0 days and imediately sold. This was almost 6 months ago. Funny, the house sold, but the new buyer looks identical to the prior owner, down to his wife and kids. He even drives the same 10 yr old car.

Well, I am going to list it for the lowest price/sf in the area and move on. All I need is one buyer. It will be the fist fully remodeled home in my neighborhood to go up for sale, ever.

[raptorduck]

JL. My house is just like the majority of older Pardee homes in CV down to the lot size, well except it is not near the beach and in Northern California.

My neighbor decided to sell his house to himself for $150k less than the most recent comp. Got to love the interfamily transfer comp killers. When a buyer’s agent does a comp search, he/she will find my neighbor’s house listed for 0 days and imediately sold. This was almost 6 months ago. Funny, the house sold, but the new buyer looks identical to the prior owner, down to his wife and kids. He even drives the same 10 yr old car.

Well, I am going to list it for the lowest price/sf in the area and move on. All I need is one buyer. It will be the fist fully remodeled home in my neighborhood to go up for sale, ever.

[raptorduck]

JL. My house is just like the majority of older Pardee homes in CV down to the lot size, well except it is not near the beach and in Northern California.

My neighbor decided to sell his house to himself for $150k less than the most recent comp. Got to love the interfamily transfer comp killers. When a buyer’s agent does a comp search, he/she will find my neighbor’s house listed for 0 days and imediately sold. This was almost 6 months ago. Funny, the house sold, but the new buyer looks identical to the prior owner, down to his wife and kids. He even drives the same 10 yr old car.

Well, I am going to list it for the lowest price/sf in the area and move on. All I need is one buyer. It will be the fist fully remodeled home in my neighborhood to go up for sale, ever.

[raptorduck]

Pfflyer. I suppose so, but what do I know? Some homes I have looked at are worth near what they are asking for them IMHO, but most are overpriced. That is still the majority of listings in the areas I am looking at. So seems the conundrum holds true.

As for those few that are worth near what they are asking, those are the ones that had multiple offers and that I got out bid or outsmarted trying to buy.

[raptorduck]

Pfflyer. I suppose so, but what do I know? Some homes I have looked at are worth near what they are asking for them IMHO, but most are overpriced. That is still the majority of listings in the areas I am looking at. So seems the conundrum holds true.

As for those few that are worth near what they are asking, those are the ones that had multiple offers and that I got out bid or outsmarted trying to buy.

[raptorduck]

Pfflyer. I suppose so, but what do I know? Some homes I have looked at are worth near what they are asking for them IMHO, but most are overpriced. That is still the majority of listings in the areas I am looking at. So seems the conundrum holds true.

As for those few that are worth near what they are asking, those are the ones that had multiple offers and that I got out bid or outsmarted trying to buy.

[raptorduck]

Pfflyer. I suppose so, but what do I know? Some homes I have looked at are worth near what they are asking for them IMHO, but most are overpriced. That is still the majority of listings in the areas I am looking at. So seems the conundrum holds true.

As for those few that are worth near what they are asking, those are the ones that had multiple offers and that I got out bid or outsmarted trying to buy.

[raptorduck]

Pfflyer. I suppose so, but what do I know? Some homes I have looked at are worth near what they are asking for them IMHO, but most are overpriced. That is still the majority of listings in the areas I am looking at. So seems the conundrum holds true.

As for those few that are worth near what they are asking, those are the ones that had multiple offers and that I got out bid or outsmarted trying to buy.

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