Lowball Time Yet?

Written by Jim the Realtor

July 22, 2012

To be able to land a successful lowball, it would be nice if the frenzy would die down a little. While it seems like the market should be cooling off, you hear about ones like this in an area where those without a view are under $1,000,000.

How much did the previous sales price of $2.7M (in 2007) play into the equation?

5 Comments

  1. Profhoff

    Wow – $1.7?!?!!

  2. avgjoe

    as long as inventory is low and rates are low, lowballing will get you nothing but a good laugh.

  3. Eli

    Will the smoke come out with a couple coats of premium paint and new carpet? Looks petite for $1.7M…

  4. pemeliza

    If I had 1.3-1.4 to spend I would be taking a hard look at Crestview or Pacific Crest in Encinitas.

  5. J.M.

    I still see houses pop-up on the MLS already “contingent”. What up with that?

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