More Housing Decline Example

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Submitted by PerryChase on June 29, 2006 - 8:11am

Here's an example price decline of a modest home.

97** Winter Gardens Blvd #121, Lakeside, CA 92040
Listed at $195,000
Sales History
03/25/2005: $208,000
07/30/2003: $144,727

Looks like they did some interior remodel.

Submitted by Steve Beebo on June 29, 2006 - 3:26pm.

To be fair, it's listed at $195,000 to $224,876. Let's see what it actually sells at.

Submitted by UP IN ARMS on June 29, 2006 - 4:14pm.

I can show u listed as losses all day on a bunch of homes. Heres one.
Paid $350k in 2004
Listed at $339k at the moment.

Zillow claims its worth $404,454 so ya zillow is not even close most times. Whole 65k higher here on lower end home.

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