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You didn't find these kinds of prices even just last year!

By RentingForHalfTheCost   Follow   Thu, 2 Feb 2012, 4:04pm   1,613 views   12 comments
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http://www.movoto.com/real-estate/homes-for-sale/CA/Pleasanton/6868-Inglewood-Ct-12_40546730.htm

I'm sure more to come over the next 1-2 years. People are unfortunately runnin g out of options. Now when I can find something comparable in Santa Clara I'm interested. Aside from that happening, I'll stay as an observer. Time is on our side.

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1. PockyClipsNow Follow Befriend 19 threads 1,534 comments Los Angeles, CA

   1   6:01pm Thu 2 Feb 2012   Share   Quote   Permalink   Like   Dislike   WHOA! It sold for 746k in 2005 during peak fraud. Thats 7 years devaluing at 66k per year. Its been listed for 115 days, why? hmmm http://www.redfin.com/CA/Pleasanton/6868-Inglewood-Ct-94588/home/1793601 (btw it was listed last year so your statement needs adjusting....just sayin)

2. BobSki778 Follow Befriend 0 comments

   2   6:09pm Thu 2 Feb 2012   Share   Quote   Permalink   Like   Dislike   It may have been listed since last year, but the price last year (and even a week or two ago) was over $500k, according to Redfin: http://www.redfin.com/CA/Pleasanton/6868-Inglewood-Ct-94588/home/1793601 Something smells fishy...

3. Patrick Follow Befriend (54) 5,184 threads 6,155 comments 46 male Menlo Park, CA Premium

   3   7:26pm Thu 2 Feb 2012   Share   Quote   Permalink   Like   Dislike   Might actually be right. Here's a property with similar price reductions, over a longer period though: http://patrick.net/housing/tmp.html

4. dunnross Follow Befriend 28 threads 1,489 comments San Jose, CA Premium

   4   8:05pm Thu 2 Feb 2012   Share   Quote   Permalink   Like   Dislike   RentingForHalfTheCost says http://www.movoto.com/real-estate/homes-for-sale/CA/Pleasanton/6868-Inglewood-Ct-12_40546730.htm I'm sure more to come over the next 1-2 years. People are unfortunately runnin g out of options. Now when I can find something comparable in Santa Clara I'm interested. Aside from that happening, I'll stay as an observer. Time is on our side. 1975 house for a 1975 price (coming soon)!

5. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 169 threads 4,153 comments Premium

   5   8:23pm Thu 2 Feb 2012   Share   Quote   Permalink   Like   Dislike   It was a great year for Motown and housing prices!

6. RentingForHalfTheCost Follow Befriend (8) 38 threads 1,996 comments Pleasanton, CA Premium

   6   8:42am Fri 3 Feb 2012   Share   Quote   Permalink   Like   Dislike   PockyClipsNow says (btw it was listed last year so your statement needs adjusting....just sayin) Guess I meant 12 months ago rather than last year.

7. David9 Follow Befriend (3) 28 threads 747 comments Tarzana, CA

   7   8:57am Fri 3 Feb 2012   Share   Quote   Permalink   Like   Dislike   What tickles me is I'll get an email stating a property is going from active to pending, only the same property reappears anywhere from a week to months later. Many to most properties have a long list if delisted, price changed, active, pending, many times back to 2008 or earlier, lol.

8. Hysteresis Follow Befriend (2) 14 threads 647 comments

   8   9:15am Fri 3 Feb 2012   Share   Quote   Permalink   Like   Dislike   that house won't sell for $280k

9. LAO Follow Befriend 78 threads 405 comments

   9   3:58pm Fri 3 Feb 2012   Share   Quote   Permalink   Like   Dislike   dunnross says 1975 house for a 1975 price (coming soon)! In your dreams.. and approx. 66% of the populations nightmares. :)

10. SuperSonic Follow Befriend 2 threads 8 comments Jupiter, FL

    10   4:59pm Fri 3 Feb 2012   Share   Quote   Permalink   Like   Dislike   Intresting

11. bwdutton Follow Befriend 3 comments Dublin, CA

    11   8:29pm Fri 3 Feb 2012   Share   Quote   Permalink   Like   Dislike   I'm with Hysteresis, no way that sells for $280k. The sellers are trying to get more eye balls with that low of an asking price.

12. RentingForHalfTheCost Follow Befriend (8) 38 threads 1,996 comments Pleasanton, CA Premium

    12   8:28pm Sat 4 Feb 2012   Share   Quote   Permalink   Like   Dislike   bwdutton says I'm with Hysteresis, no way that sells for $280k. The sellers are trying to get more eye balls with that low of an asking price. I think you are correct here. However, just the fact that they are playing that game shows the different view even from the sell side. The tactic before was using words like "Will not last long!", "One of a kind", "Location Location Location". Now they are practically given up on the tried and true and gone to "We will report to give this house away for pennies just to get a few open house visitors in hopes it starts a bidding war!". Still a very encouraging sign as we follow down this road of unraveling the huge debt the average family accumulated during the housing boom.