Off the market...Taos

An expanded Taos that has been on the market for 563 days has been taken off the market. The home was originally listed in April of '08 @ $489,500 and was listed at $439,000 at the time it was taken off the market.

The current owners purchased the home in January 2002.

Journeys End, Taos...Sold...Finally!

A Taos on C Durham, mentioned several times already in this blog as being under contract and falling out of contract, has finally sold at $325,000.

This home had been on the market for 419 days! It was originally placed on the market by the current agent at $590,000...It is just this bloggers opinion that this short sale could possibly have been avoided had the home been priced properly when it was first placed on the market in June of '07...but it did not sell with the $590,000 price tag. Then the owner rented it for a year...all the while the market was continuing its tailspin...this owner lost about 2% of the homes value every month it was rented! It was then placed back on the market, as a short sale, in July of 2008, for $419,000. And as you see here, it eventually sold for $325,000 in September of 2009.

Back under contract...3rd time's a charm

A Taos short sale on C Durham that has been on the market for 412 days has gone under contract once again.

Back in June of 2007, this home was placed on the market for $590,000...it was then rented out for a year and then went back on the market at $419,000. Two weeks ago, after multiple price reductions, the home was reduced to $325,000.

This home is owned by the original owners who purchased it in August of 2001 for $252,300.

Journeys End...back on the market...Again!

A Taos model on C Durham, which has been on and off of the market since April 2007, and in and out of contract several times, has just come back on the market again.

This home was listed back in April of 2007 for $630,000 and was most recently priced at $325,000 when it was placed back on the market.