Saturday, July 18, 2009

come back

why hasnt RE comeback part duex:click here

Taking a loss; we like this house, not this particular house but the layout; being that sooner or later we are going to have to care for a family member and the guest house would be an added bonus, maybe a bit enlarged for the member;
We have been looking at this particular model for over a year. see a listing here:
listing here on the market for over 130 days and the seller has reduced the price once. It is also interesting to note that according to records he is taking an immediate 300k plus loss, If.. I read the record correctly, purchase here:purchase We also noted another listed a few days ago for asking $925k. this is all a wishing game due to the homes being landlocked and no place for a boat. But the point is, it will be interesting to see where these homes end up. I found purchases from the builder as far back as 03 in the low 7,s. for this particular model. This is not counting in options,upgrades etc that might of been added to others and well as timing.

Prices and behavior:click here

Foreclosure filings drop ???click here

Bidding war, when the market comes back crowd. click here

1 comments:

140 dollars per sq foot said...

Wishful thinking.
Another blipper, paid $1.44 Mil in 2006 for lot/tear down, now trying to market a cinder block shell for $1.775 Mil.
All I can say is good luck wit dat.
MLS #F988632