Is this the bottom?

[mukoh]

If the house suits you fine, if you can make the payment without financial hardship, then why sell?
Is everyone just trying to chase some appreciation train?
Live in it, love it, and enjoy it.

[Markor]

[biliruben]

I'm selling because my house is too bloody small. I'm in a nice situation where I can sit back and watch the market for a year or so, mortgage and rent-free. Hunt for the right house, and buy with around 50% down, depending on what this one goes for.

Why wouldn't I sell in this situation?

I think your advice is good, Markor. I've got it looking pretty shiny and almost ready to list. I'm still debating how much to stage, and where to price it. There aren't really any legit comps, as it's pretty unique, but I'll list it towards the low end, and slash 5% more if it doesn't sell in 2 weeks, I think.

Ardell's right. We are far from the bottom.

[rose-colored-coolaid]

[biliruben]

Sorry for the premature pontification, RCC. Carry on!

[rose-colored-coolaid]

[EconE]

It appears as if this guy couldn't sell at the top and is now chasing the bottom.

Over 1000 days on Redfin.

http://www.redfin.com/stingray/do/print ... -id=132017

[ira s]

Looking at the MLS price history, it appears as though this house has gone STI and pending a total of six different times since it first went on the market. There are no posted photographs of the outside of the house, but barring it being hideous or about to slide into the sound, a nearly 2500 foot house on Puget Sound for 550,000 dollars doesn't seem too high.

[rose-colored-coolaid]

It is not the bottom yet. I'll have a new update next week.

[Alan]

Is this it?

http://www.redfin.com/stingray/do/print ... id=1667087

15210 SE 178th St
Renton, WA 98058
Last Sale: $339,950 (11/30/2006)
Asking $249,950

(And what is with the $50 discount from $250k? Do people still fall for that?)

[mukoh]

[los]

[ira s]

While Redfin gives an incomplete price history, I think you might have to be an NWMLS subscriber or member ( agent, broker, appraiser, etc.) to have that info readily available.
But I'm always happy to share my toys. I'm there daily anyway, I've got no problem at all looking up something extra...just let me know.

[rose-colored-coolaid]

We are still not at the bottom.

[SeattleMoose]

"Ardell's right. We are far from the bottom."

As a character witness for RCC, I can say with all sincerity that RCC predicted MANY times we are not at the bottom. I don't even know who Ardell is.....and I read these boards daily.

Just trying to give credit (if you can still find it ) where it is due....