Saturday, July 24th, 2010 at 11:03 AM
A Contest Winner!
The REO sale in Rancho Penasquitos finally wrapped up yesterday!
We had a contest running on who could guess the final sales price (it listed for $414,8000 on March 26th). Here is a link to that post with the contest guesses, and other videos about this property: http://www.bubbleinfo.com/2010/03/27/fear-and-loathing-contest/#comments
Posted on Saturday, July 24th, 2010 at 11:03 AM in Contests | 4 Comments » | 
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$385k. Damn…I guessed $389. What did Beachcats win? Love your videos.
Kathy Rowe | July 24th, 2010 at 1:44 pmI guessed high; $423k. Guess the freeway is a killer.
Geotpf | July 24th, 2010 at 3:16 pmThere were closed model-match sales this year of:
$382,500 on 6/28/10
$420,000 on 3/30/10
$429,300 on 5/18/10
$433,000 on 3/30/10
The freeway was at least a -10% hit, but it was remarkably quiet all considered. The buyer is supposed to be a flipper, but yesterday it looked like they were moving in.
Jim the Realtor | July 24th, 2010 at 3:25 pmI went $330K caysh on this one. Need to work on that freeway pricing. Must’ve threw in a grappling hook for easy access on this one Jim. Congrats on the sale!
Eli | July 24th, 2010 at 9:50 pm