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Old 01-19-2007, 11:13 AM
 
31 posts, read 157,811 times
Reputation: 27

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Too high? Hmmm, mine is at 319000 for a 3 bedroom,inground pool,on a .38 acre lot. No,it's not a new home,its the kind of home that the average "bread and butter" family would purchase. I'm in the inland empire but I don't think that 319000 is high for California standards. Like Nbrakern said,no one seems to be even looking.And it's not just in California... I've been looking at houses since October,in the state we are looking to relocate too,and they haven't sold either. Hopefully, spring will bring a better market!
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Old 01-19-2007, 12:33 PM
 
625 posts, read 2,436,206 times
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I had to drop my price once (almost twice) and still was on the market for almost 3 months before we got an offer (at nearly 35K less than original asking price).

That being said, it was still nearly double what we paid for the place in 2001.
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Old 01-19-2007, 04:15 PM
 
Location: in my imagination
13,608 posts, read 21,396,904 times
Reputation: 10111
see what happens in springtime,Im in Miami,my house is looking good and priced competively below similar in my hood yet mine has been on the market since last May.A huge inventory to compete with is the problem.Funny that I see some in my hood priced like it was still a sellers market.

Be willing to negotiate closing costs,that will help.Florida may have different problems then Cali but overall the market has slowed.Even in the same city a certain area within will have different movement selling wise.

As long as prices drop where I want to move to this will make up for my lower price.
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