A Laredo, 3/2.5/2, 2067 sq ft, on C Durham just reduced to $275,000 from their previous price of $299,900. This home has been on the market over 750 days since 2007. The home is being marketed as a short sale, although it was not a short sale in the beginning.
This is possibly another case-in-point about proper market pricing to maximize a sales price: If this home were priced properly at the outset, the seller may not have ended up in this short sale situation.
8/20/09
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