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You didn't find these kinds of prices even just last year!
2012 Feb 2, 8:04am 4,114 views 11 comments
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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.
RentingForHalfTheCost
@
2012 Feb 4, 12:28pm
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.
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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.