Monday, January 02, 2006

Falling Sign, Falling Price

'New Price' = Reduced Price

Despite the sellers arrogance the house has not sold. The price has been reduced and is now priced at 699k. The house in located in Skokie, which is a nice inner suburb of Chicago. The house has 3br, 10 rooms total. MLS ID#: 05198734. Zipcode 60076

So will it sell at 699K?

No. Despite its price reduction it is significantly overpriced. They should reprice it to 625K and see if it will sell.

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