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  • February 23, 2008 at 8:04 PM #11910
    kev374
    Participant

    MLS: P623492

    in Laguna Niguel, 1178sqft, 3bd/2ba condo listed for $140,000, last sale was $420,000.

    Can someone explain what is going on here? I really don’t believe the list price, is it some kind of scam? Or is this an auction?

    IF this is an auction then why do they have such misleading listings polluting the entire MLS.

    February 23, 2008 at 9:04 PM #158638
    patientrenter
    Participant

    kev, you and I know that’s not “real”, in the sense that you or I cannot now buy a half-decent 1200sq ft condo in LN for $140K.

    I am surprised to see fewer really good deals (relatively) in So OC in the last month. I’ve stopped looking, because the pickings are so slim. Are you seeing the same, kev?

    At this point, I’ve concluded that even the banks with REOs are banking on a spring bounce, or maybe a bailout, and are holding out for higher prices than the few (relatively) good deals I saw in early January. I only check new listings maybe once a week now, instead of daily in the first half of January.

    Patient renter in OC

    February 23, 2008 at 9:04 PM #159022
    patientrenter
    Participant

    kev, you and I know that’s not “real”, in the sense that you or I cannot now buy a half-decent 1200sq ft condo in LN for $140K.

    I am surprised to see fewer really good deals (relatively) in So OC in the last month. I’ve stopped looking, because the pickings are so slim. Are you seeing the same, kev?

    At this point, I’ve concluded that even the banks with REOs are banking on a spring bounce, or maybe a bailout, and are holding out for higher prices than the few (relatively) good deals I saw in early January. I only check new listings maybe once a week now, instead of daily in the first half of January.

    Patient renter in OC

    February 23, 2008 at 9:04 PM #158948
    patientrenter
    Participant

    kev, you and I know that’s not “real”, in the sense that you or I cannot now buy a half-decent 1200sq ft condo in LN for $140K.

    I am surprised to see fewer really good deals (relatively) in So OC in the last month. I’ve stopped looking, because the pickings are so slim. Are you seeing the same, kev?

    At this point, I’ve concluded that even the banks with REOs are banking on a spring bounce, or maybe a bailout, and are holding out for higher prices than the few (relatively) good deals I saw in early January. I only check new listings maybe once a week now, instead of daily in the first half of January.

    Patient renter in OC

    February 23, 2008 at 9:04 PM #158939
    patientrenter
    Participant

    kev, you and I know that’s not “real”, in the sense that you or I cannot now buy a half-decent 1200sq ft condo in LN for $140K.

    I am surprised to see fewer really good deals (relatively) in So OC in the last month. I’ve stopped looking, because the pickings are so slim. Are you seeing the same, kev?

    At this point, I’ve concluded that even the banks with REOs are banking on a spring bounce, or maybe a bailout, and are holding out for higher prices than the few (relatively) good deals I saw in early January. I only check new listings maybe once a week now, instead of daily in the first half of January.

    Patient renter in OC

    February 23, 2008 at 9:04 PM #158930
    patientrenter
    Participant

    kev, you and I know that’s not “real”, in the sense that you or I cannot now buy a half-decent 1200sq ft condo in LN for $140K.

    I am surprised to see fewer really good deals (relatively) in So OC in the last month. I’ve stopped looking, because the pickings are so slim. Are you seeing the same, kev?

    At this point, I’ve concluded that even the banks with REOs are banking on a spring bounce, or maybe a bailout, and are holding out for higher prices than the few (relatively) good deals I saw in early January. I only check new listings maybe once a week now, instead of daily in the first half of January.

    Patient renter in OC

    February 23, 2008 at 9:38 PM #158940
    paramount
    Participant

    If the bailout’s don’t work, it won’t be because the gov’t didn’t try…

    February 23, 2008 at 9:38 PM #158950
    paramount
    Participant

    If the bailout’s don’t work, it won’t be because the gov’t didn’t try…

    February 23, 2008 at 9:38 PM #158958
    paramount
    Participant

    If the bailout’s don’t work, it won’t be because the gov’t didn’t try…

    February 23, 2008 at 9:38 PM #158648
    paramount
    Participant

    If the bailout’s don’t work, it won’t be because the gov’t didn’t try…

    February 23, 2008 at 9:38 PM #159032
    paramount
    Participant

    If the bailout’s don’t work, it won’t be because the gov’t didn’t try…

    February 24, 2008 at 9:27 AM #158852
    kev374
    Participant

    patientrenter, that is exactly what I am seeing as well. The price cuts have suddenly stopped and all I see is the same properties for the same prices.

    February 24, 2008 at 9:27 AM #159145
    kev374
    Participant

    patientrenter, that is exactly what I am seeing as well. The price cuts have suddenly stopped and all I see is the same properties for the same prices.

    February 24, 2008 at 9:27 AM #159156
    kev374
    Participant

    patientrenter, that is exactly what I am seeing as well. The price cuts have suddenly stopped and all I see is the same properties for the same prices.

    February 24, 2008 at 9:27 AM #159162
    kev374
    Participant

    patientrenter, that is exactly what I am seeing as well. The price cuts have suddenly stopped and all I see is the same properties for the same prices.

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