Here’s an example of how sales momentum can catch fire when a few remodeled homes hit the market about the same time (addresses are links):

1019 Genie 4br/2ba, 1,613sf

LP = $749,000 SP = $800,000  closed on 6/7/13

1002 Genie 3br/2ba, 1,550sf

LP = $799,000 SP = $825,000 closed on 6/21/13

1025 Genie 3br/2ba, 1,551sf

LP = $799,000 – $859,000 SP = $859,000 closed on 7/16/13

1044 Genie 3br/2ba, 1,550sf

LP = $899,000 SP = $905,000 closed on 10/25/13

Three sold over list price, and the fourth closed at the high end of the range, with a $105,000 increase from June to October – will it stick?  Here is a tour of the last house:

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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