Wednesday, November 27, 2013

Locarno Update

Readers, yes both of you, probably remember from last April:

Fourteen Year Old Tease

5471 Lorcano 92397

Back then it was noted there were strange things going on with asking price.  Good news.  It sold.  Bad news.  It sold for only $260,000. 

2 comments:

sm_landlord said...

Enjoy the slide show.
http://www.marketwatch.com/story/existing-home-sales-seen-heading-lower-2013-11-29?link=MW_home_latest_news

Hope everyone had a great Thanksgiving.

Property Flopper said...

There is a lot of that going around, one of the properties we looked at recently was being listed for 1.275mil and had sat for a full year. The listing expired, now they're putting it back on the market for 1.4mil. I'm thinking they don't understand the concept of "market price".