Thursday, July 9, 2009

Dawson's Crock: UPDATE

This Diminutive Dump on Dawson had itself a little price reduction:




From Redfin: The list price was "$339,900" and changed to "$316,900"
Wow, a whopping 7%. Hell, they probably already lost that much equity in the first half of this year--now they're just playing catch up!

Regardless, we're now firmly in 2003 pricing for a detached home 4,000 feet from the ocean.

QUESTION OF THE DAY: Will it be enough to nab a seller before we creep over into 2002 pricing?

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