Priced_Out_IT_Guy_IHB
New member
Is much activity going on in Quail Hill? Redfin shows 47 properties on the MLS in QH but no sales in the last 3 months--which must be in error. However, looking at the still unaffordable prices, I wouldn't be too surprised if nothing is moving.
Here's a 2bed/3bath that has been reduced 25% from the 2006 purchase price and still hasn't sold:
<a href="http://www.redfin.com/CA/Irvine/47-Flowerbud-92603/home/5947373"> 47 Flowerbud</a>
Here's a stubborn seller, lowering their asking just below the equity burn level. The price has been dropped 60K in 8 months:
<a href="http://www.redfin.com/CA/Irvine/9-Tall-Oak-92603/home/5979822">9 Tall Oak</a>
And my favorite, the "extremely motivated seller" who's property has been on the MLS for <strong>457</strong> days and only dropped the price a few bucks below the 2004 purchase price.
<a href="http://www.redfin.com/CA/Irvine/410-Quail-Rdg-92603/home/5953587">410 Quail Ridge</a>
Listing Price History
Date Price
Jun 02, 2007 $565,000
Aug 08, 2007 $555,000
Sep 21, 2007 $499,000
Mar 29, 2008 $479,000
Apr 21, 2008 $475,000
Here's a 2bed/3bath that has been reduced 25% from the 2006 purchase price and still hasn't sold:
<a href="http://www.redfin.com/CA/Irvine/47-Flowerbud-92603/home/5947373"> 47 Flowerbud</a>
Here's a stubborn seller, lowering their asking just below the equity burn level. The price has been dropped 60K in 8 months:
<a href="http://www.redfin.com/CA/Irvine/9-Tall-Oak-92603/home/5979822">9 Tall Oak</a>
And my favorite, the "extremely motivated seller" who's property has been on the MLS for <strong>457</strong> days and only dropped the price a few bucks below the 2004 purchase price.
<a href="http://www.redfin.com/CA/Irvine/410-Quail-Rdg-92603/home/5953587">410 Quail Ridge</a>
Listing Price History
Date Price
Jun 02, 2007 $565,000
Aug 08, 2007 $555,000
Sep 21, 2007 $499,000
Mar 29, 2008 $479,000
Apr 21, 2008 $475,000