Nude_IHB
New member
I'm posting this because the house is just a few blocks from my own and there are five lots with "For Sale" signs between us, each with 10-15 finished lots waiting for homes to be built. That might explain why this guy is racing to the bottom.
<a href="http://www.redfin.com/WA/Kenmore/19914-83rd-Pl-NE-98028/home/8186542"><img src="http://i-0.rfimg.us/photo/1/bigphoto/832/27160832_2.jpg" alt="" /></a>
Click the link for the full listing, here are the relevant details:
Sales History
<strong>Dec 19, 2005 $460,639</strong>
Listing Price History
Sep 02, 2007 $534,900
Sep 10, 2007 $529,000
Sep 12, 2007 $519,000
Sep 30, 2007 $510,000
Oct 13, 2007 $499,900
Jun 18, 2008 $485,000
Jul 14, 2008 $475,000
Aug 01, 2008 $449,000
Aug 13, 2008 $410,000
Source: NWMLS
I have no idea how much they put down when they bought the place, but a $50k loss in less than 3 years combined with 356+ on the market tells me that not even driving that Jaguar brings any joy into their life. Considering the number of projects that have been sitting idle (streets and curbs, but no homes) for the last year with no offers from builders, the prospects for this homeseller are not good.
<a href="http://www.redfin.com/WA/Kenmore/19914-83rd-Pl-NE-98028/home/8186542"><img src="http://i-0.rfimg.us/photo/1/bigphoto/832/27160832_2.jpg" alt="" /></a>
Click the link for the full listing, here are the relevant details:
Sales History
<strong>Dec 19, 2005 $460,639</strong>
Listing Price History
Sep 02, 2007 $534,900
Sep 10, 2007 $529,000
Sep 12, 2007 $519,000
Sep 30, 2007 $510,000
Oct 13, 2007 $499,900
Jun 18, 2008 $485,000
Jul 14, 2008 $475,000
Aug 01, 2008 $449,000
Aug 13, 2008 $410,000
Source: NWMLS
I have no idea how much they put down when they bought the place, but a $50k loss in less than 3 years combined with 356+ on the market tells me that not even driving that Jaguar brings any joy into their life. Considering the number of projects that have been sitting idle (streets and curbs, but no homes) for the last year with no offers from builders, the prospects for this homeseller are not good.