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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Alan Smithee who wrote (485)8/29/2001 12:50:34 PM
From: Karen LawrenceRespond to of 306849
 
I have friends in the SF Bay Area who are divorcing. They got a late start marketing their house - March instead of last December. They thought they'd be getting 2.7 million and now, with the price reduced to 1.7m, still no offers.



To: Alan Smithee who wrote (485)8/29/2001 12:57:00 PM
From: patron_anejo_por_favorRespond to of 306849
 
<<Real estate market starting to soften I guess>>

Yep, it's not just in Seattle or the Bay area, either. This take is from the opposite corner of the country, yet the message is the same:

southflorida.bcentral.com



To: Alan Smithee who wrote (485)8/29/2001 12:59:19 PM
From: NemerRespond to of 306849
 
excuse the intrusion ...

sent the post to the WRONG thread .... LOL
sorry ....
I'm deleting it ....
<grin>



To: Alan Smithee who wrote (485)8/29/2001 3:15:32 PM
From: jjs_ynotRead Replies (1) | Respond to of 306849
 
I know someone who had an agreement on a house in a Very Upscale suburb of San Francisco who had an agreement to sell
his house for $2 Million, all cash. That was one of several
offers.

Recently, the buyer exercised an escape clause to back out of the deal. No one is even looking at the house that is now
back on the market.