I know, I know. I see something that looks like might be in pain and I want to check into it, see how hurt they are. But I wasn’t going to go for it at that price. I know it’s going to have to do better than that for me to jump in. Just means there’s a new comp. As nostradamus pointed out, the realtor/owner of 2503 Deerpark trying to flip for 615k when he bought last year for 585k will probably have to reconsider/reduce. Just glad to see the land tsunami inching its way to the coast.
Also, true in ’96 you could pick up something for 180k. The ’90’s were hurting. What would normal appreciation be for 10 years if you take out the supbrime? Okay. Maybe 250-300k. I don’t see it falling back to 1996 prices. Of course I would be delighted, but I’d be happy w/just something reasonable and 450k is not to me.
Further research – This street is going to see more declines. IF 2828 did indeed get sold, it will bring down the comps. 2503 will eventually have to be more realistic if he wants to sell.
BUT, I forgot about 2354 Deerpark Dr, 03/19/2003 $533,000, Scheduled foreclosure 5-2. Don’t know what happened to it. Stealth inventory. 2503 better move on the price quick before the bank lists 2354. Surely they’ll have to make it lower than 2828 if they want a quick sale.
Further research – This street is going to see more declines. IF 2828 did indeed get sold, it will bring down the comps. 2503 will eventually have to be more realistic if he wants to sell.
BUT, I forgot about 2354 Deerpark Dr, 03/19/2003 $533,000, Scheduled foreclosure 5-2. Don’t know what happened to it. Stealth inventory. 2503 better move on the price quick before the bank lists 2354. Surely they’ll have to make it lower than 2828 if they want a quick sale.
Further research – This street is going to see more declines. IF 2828 did indeed get sold, it will bring down the comps. 2503 will eventually have to be more realistic if he wants to sell.
BUT, I forgot about 2354 Deerpark Dr, 03/19/2003 $533,000, Scheduled foreclosure 5-2. Don’t know what happened to it. Stealth inventory. 2503 better move on the price quick before the bank lists 2354. Surely they’ll have to make it lower than 2828 if they want a quick sale.
Further research – This street is going to see more declines. IF 2828 did indeed get sold, it will bring down the comps. 2503 will eventually have to be more realistic if he wants to sell.
BUT, I forgot about 2354 Deerpark Dr, 03/19/2003 $533,000, Scheduled foreclosure 5-2. Don’t know what happened to it. Stealth inventory. 2503 better move on the price quick before the bank lists 2354. Surely they’ll have to make it lower than 2828 if they want a quick sale.
Further research – This street is going to see more declines. IF 2828 did indeed get sold, it will bring down the comps. 2503 will eventually have to be more realistic if he wants to sell.
BUT, I forgot about 2354 Deerpark Dr, 03/19/2003 $533,000, Scheduled foreclosure 5-2. Don’t know what happened to it. Stealth inventory. 2503 better move on the price quick before the bank lists 2354. Surely they’ll have to make it lower than 2828 if they want a quick sale.
