Laredo price reduction

A Laredo (1 story, 2067 sq ft under air), on C Durham, just reduced their price from $275,000 to $249,000.

This home has been on and off the market since February 2007, when it was on the market for $399,900.

Journeys End...price reduction

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.