Comments on: The Definition of Massive: Where All Is Relative http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html Redfin Bay Area Sweet Digs Tue, 07 Feb 2012 16:59:16 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Susan Brady http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html/comment-page-1#comment-4369 Susan Brady Tue, 06 May 2008 01:42:55 +0000 http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html#comment-4369 thanks for the tip SMHSIT. I have fixed the link. thanks for the tip SMHSIT. I have fixed the link.

]]> By: San Mateo Home Sellers in Trouble http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html/comment-page-1#comment-4366 San Mateo Home Sellers in Trouble Tue, 06 May 2008 00:40:52 +0000 http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html#comment-4366 Oh, btw Susan the link in your article to 466 Caliente is broken. It seems to have an extra http. Oh, btw Susan the link in your article to 466 Caliente is broken. It seems to have an extra http.

]]> By: San Mateo Home Sellers in Trouble http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html/comment-page-1#comment-4362 San Mateo Home Sellers in Trouble Mon, 05 May 2008 22:08:07 +0000 http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html#comment-4362 LOL, I have a lot of homes with MASSIVE reductions on my blog. Here's one of my favorites from this week: http://www.redfin.com/CA/East-Palo-Alto/2480-GONZAGA-St-94303/home/1285986 It has rolled back to less than its sales price in 1999. LOL, I have a lot of homes with MASSIVE reductions on my blog. Here’s one of my favorites from this week:

http://www.redfin.com/CA/East-Palo-Alto/2480-GONZAGA-St-94303/home/1285986

It has rolled back to less than its sales price in 1999.

]]> By: david gordon http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html/comment-page-1#comment-4358 david gordon Mon, 05 May 2008 20:38:26 +0000 http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html#comment-4358 One of the easiest ways to tell if a recorded "sale" is merely the bank buying it back at auction is an "odd" number (i.e. $457,521 - not a nice round number like most transactions are - say, $455,000). One of the easiest ways to tell if a recorded “sale” is merely the bank buying it back at auction is an “odd” number (i.e. $457,521 – not a nice round number like most transactions are – say, $455,000).

]]> By: MD Account http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html/comment-page-1#comment-4355 MD Account Mon, 05 May 2008 20:04:55 +0000 http://blog.redfin.com/sfbay/2008/05/the_definition_of_massive_where_all_is_relative.html#comment-4355 I've noticed the sale/on market trend, too. I think it's because the property is sold, at auction, for the remainder of the mortgage. Since no one bids on it at that price, it reverts to the bank, which may be what qualifies as a "sale." I've been going on the assumption that a recent high sales price was likely the remaining mortgage. I've no idea if I'm right, however! I’ve noticed the sale/on market trend, too. I think it’s because the property is sold, at auction, for the remainder of the mortgage. Since no one bids on it at that price, it reverts to the bank, which may be what qualifies as a “sale.” I’ve been going on the assumption that a recent high sales price was likely the remaining mortgage. I’ve no idea if I’m right, however!

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