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Re: Zeev Hed post# 493106

Wednesday, 08/16/2006 9:07:49 AM

Wednesday, August 16, 2006 9:07:49 AM

Post# of 704048
Zeev,
You see a lid on home pricing as well.... or a set up for a good 20 -30% or more decline?

I just sold my socal home after having it on the market for 5 months and 4 price reductions later. (Listed at $749,000 in March - just sold for $702,000 last week). Listed based on sold comps in area at the time.

Was offered $724,000 first week on the market - that we turned down!!

Don't feel sorry for me though. Bought in '97 for $205,000.

Moving back east to Louisville, KY.

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