Here is an update on some RE in the LBC properties.
Some cut their asking price:
A JOKE WITHOUT A PUNCHLINE
Price reduced $10,000 to $484,900.
ONE FOOT OUT THE DOOR
Price reduced $50,000 to $399,000.
IN THE YEAR 2000...
Price reduced $40,000 to $209,900. 403 days and counting.
A few sissies threw in the towel:
TALK ABOUT CRAPPY TIMING
Status: Off Market
THE GLASS HOUSE
Status: Off Market
And after 321 days, this loft with the disco deck went pending (allegedly):
BACK FROM THE EAST COAST WITH A QUICKIE
Status: Accepting Backup Offers
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Does not look good for the "bottom is in" crowd. Real Estate market is either frozen or prices are in free-fall: bad news for sellers either way.
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