Sunday, November 06, 2005

Priced to 2002 Levels

What makes this 1892 sq ft, built in 1969, San Anselmo house interesting is that it is still a PoS even though its price has been reduced to what it sold for in 2002. That's right, its price has dropped to what it was in 2002 at $720,000. What's more, the realtor is actually advertising this fact and it is still not selling. Who ever said prices in Marin don't drop? If price reductions to 2002 levels is a portent of things to come, then we have some wild times ahead of us. Thanks to a reader for pointing me to this one.

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