The reason I like doing contests is because they allow you to try out your theories – you can guess what will happen in the market, and we’ll follow along to see how it turns out.

I’m not making fun of BR.  Unfortunately it’s an area that has been hard hit by the RE downturn, and others deserve to know about it, and learn something from it.  In fact, everything you see on this blog is anecdotal evidence (def. ‘based on personal observation, case study reports, or random investigations rather than systematic scientific evaluation’).  Use what you see here to help educate yourself about what’s going on around you.

The biggest difference between the two REOs is that the first one has a finished backyard, and the second’s backyard is raw dirt but has a decent westerly view instead – and is listed $4,800 higher ($805,100 vs. $809,900). 

Somebody will find that these REOs are worthy of their investment – but at what price? 

Guess the combined total of the sales prices of these two REOs, and for a tie-breaker include your guess for combined days on market (MT on our MLS). The winner will receive four tickets to a Padres game!

(Jake Peavy was on the radio yesterday for the first time since the trade rumors. He expressed his affection for San Diego, and his intent to stay here as long as the team will have him!)