Quote:
|
Originally Posted by chuckinca
A house in our neighborhood, same model as ours, has just been listed at 30% less than it sold in Dec 2005!
(Maybe I'll work for a few more years)
However, yesterday new buyers were moving into a house across the street that has been vacant for nine months.
|
Chuckinca - is the house in TV? Can you quote the actual numbers? A $600K house down $180K sounds worse to me than a $200k house down $60. I know %'s are %'s, but if the house is in TV such a precipitous drop sounds much worse than I'd have expected. If it's something on a golf view site, maybe the demand for that has dropped, while an interior home may track to a lower decline.