tag:blogger.com,1999:blog-13164186.post113199113730415453..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Update: 1668 Oak St NWDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13164186.post-1132005643769957412005-11-14T17:00:00.000-05:002005-11-14T17:00:00.000-05:00"I guess I just don't see price reductions like th..."I guess I just don't see price reductions like that as very significant."<BR/><BR/>It is very significant bc six months ago price reductions were almost unheard of. Now they are becoming common.Davidhttps://www.blogger.com/profile/11169148764438565562noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1131993788438853132005-11-14T13:43:00.000-05:002005-11-14T13:43:00.000-05:00I guess I just don't see price reductions like tha...I guess I just don't see price reductions like that as very significant. Yes, it's a nice percentage, but overall, you are still pricing as if you are selling to a very elite group. People who can throw $600,000 around probably don't want to live in townhouses.<BR/><BR/>The real changes come when this townhouse starts to be marketed to its real customers, i.e., people who want to pay $200-300K at most. Probably will happen in 4-5 years, but this might sell before then to the few remaining die-hards.Anonymousnoreply@blogger.com