Recent Fathead Buys – Doah!
With so many buyers laying in wait for rock bottom real estate prices and patiently sitting on the sidelines, it is a wonder that some have thrown caution to the wind and purchased homes at inflated prices (and too high commissions). Is that sheer ignorance, total stupidity or did they just fall in love with a property and make an emotional decision with reckless abandon for value and appreciation? Here at Redfin we are no-nonsense, tell-it-like-it-is real estate Mavens. We bring you the best intel on properties including current market valuations, past sales data and neighborhood demographics with cut throat honesty. With all that information so readily accessible, why on earth would some shoppers be foolish enough to make a homeresque investment decision? In today’s volatile market, it simply seems to defy reason! Here are some recent fathead buys for your perusal.
- Sold on September 7, 2007 for $789,000
- Zestimate: $648,560
- Last sold on July 31, 2003 for $440,000
- Immediate past sale was in June, 2001 for $340,000
- Sold on October 26, 2007 for $2,000,000
- Zestimate: $1,908,328
- Last sold on November 17, 2000 for $900,000
- Immediate past sale was in June, 1995 for $580,000
- Sold on September 17, 2007 for $840,000
- Zestimate: $821,082
- Last sold on May 14, 2004 for $611,000
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Recent Price Increases – WTF, OMG, What Gives?
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