We sold our house late last summer in four days. It was listed at about 40K below what we wanted per our brokers recommendation. The first looker made a 100% offer that we accepted. Then we had to drop the price another 12K after it was appraised. This was about 30% below the high market of late 2005 but still 50% more than what we paid ten years earlier.
It is probably now worth 10% less than what we sold it for.
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Last edited by chuckinca; 06-18-2010 at 12:29 AM.
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