Short in CV

by Jim the Realtor | Feb 9, 2012 | Bubbleinfo TV, Carmel Valley, Short Sales | 2 comments

Does the previous sales price impact how much people pay today?

Do buyers in Carmel Valley figure that if they are getting 20% to 30% off what the last guy paid, they did good enough?

2 Comments

W.C. Varones on February 9, 2012 at 8:51 pm

Hell yes.

Scalping the previous buyers for a good chunk is comforting when you’re nervous about other metrics.
Jim the Realtor on February 10, 2012 at 7:15 am

Could it be what drove this purchase?

Because the view is so-so, the finishes aren’t that great, the house backs to a heavily-traveled six-laner, and the floor plan with master down and all other bedrooms up is a tough sell.

Seems like a lot of money for that, and two others on the street aren’t flying off the market.

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