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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
i've been going through looking at "reduced" listings on craigslist. the common denominator among them is the same folks continue to put the same properties out there, but the price goes down each time they throw it out there. i've replied to a few of them to taunt, when it's evident that the seller is a flipper.
ReplyDeletethere's some woman on there that is listing multiple properties in "cameron station" in alexandria. she doesn't identify herself as a realtor, so i presume it's an individual trying to attract attention to properties she's trying to get rid of.
there's another schmuck on there that is listing a home built in 2005 located in haymarket, VA that's never been lived in. when that one initially listed on craigslist, the selling point was that there were homes in the area that were worth in excess of $1 mln, so this one was worth a look because it was "only" $850,000. over a month later it's now showing up around $700,000.