November 26, 2007
The Cost Of Failing To Accurately Manage (Market?) Expectations
And while we didn’t point out the $155,000 (7.2%) price reduction last month, we are pointing out the additional $220,000 (11.0%) price reduction that occurred last week. And the situation (which might make it an opportunity, and also serve as a warning, for a truly plugged-in person): “…must sell…owner in escrow on another property….”
∙ Listing: 723 Bay Street (2/1.5 and 1/1) - $1,775,000 [MLS]
∙ What Can We Say, We’re Suckers For A Nice Ceiling (723 Bay) [SocketSite]
First Published: November 26, 2007 3:00 AM
Comments from "Plugged In" Readers
Oops. The agent forgot to post pictures of the exterior. Here you go:
Glad to help!
Posted by: eddy at November 26, 2007 9:21 AM
Nothing to see here folks! Prices are not declining in prime areas. And never mind the exterior of this building. *Every* old building SF is an architectural masterpiece that should be preserved at all costs!!!
Posted by: Jimmy (Bitter Renter) at November 26, 2007 10:21 AM
Pretty surprising this place is still sitting on the market with views and an interior like that...
Posted by: Foolio at November 26, 2007 11:30 AM
Why does 723 Bay Street entrance have the curb appeal of a Mission Street taqueria?
Posted by: Casual Observer at August 24, 2008 7:56 AM