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

To: Lizzie Tudor who wrote (60194)	8/19/2006 2:33:03 AM
From: Live2Sail	Read Replies (1) \| Respond to of 306849

Lizzie, I agree with you, we seem to still be in the very early phases. However, I have a friend in Willow Glen who has reduced 7.5% within 5 weeks. His place is easily the best price-point in Willow Glen, and it still hasn't sold. L2S

To: Lizzie Tudor who wrote (60194)	8/23/2006 2:19:04 AM
From: David Jones	Read Replies (1) \| Respond to of 306849

>>>>desperation sort of stops.<<<< I don't know how far prices will fall but it's ok to put the spurs to sells now. I'm thinking of putting in an offer with a bunch of contingencies. Enough to push the price down at least 100- 150k. Although even at 535 the dump still needs 200 more like 300 imo. The question is will it be worth that afterwards sense we're no where near a no brainier stage. I just want the location so I may do something stupid. Wouldn't be the first time.