And so it goes. In the face of all the multiple cash only bids, there lives houses that must hit the "reduced" button over and over just to get a single bid. There has to be a hint of fraud in this market IMHO. Lies of the multiple on top of lies with the listing price. Price is wrong you greedy souls and even with 0% mortgages the buyers will not come.
http://www.movoto.com/real-estate/homes-for-sale/CA/Pleasanton/3105-Chardonnay-Dr-12_40579721.htm

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Hint? If it's listed on the MLS you're guaranteed the price is being manipulated by a proven criminal cabal marked by historic mendacity and the mass indictment of its members by AGs all over the states.