This has to sell--1526 Pacific Ave, Alameda, CA
You may remember our old friend 1526 Pacific, a duplex that's been on and off the market for well over a year. It didn't sell at $650,000 last year, and so the sellers decided to slash the price by a whole thousand bucks down to a remarkably affordable $649,000 to stoke buyers' interest and get this thing sold PDQ. It's been back as MLS(r) #40420980 for a couple of weeks:
Note the cute "This has to sell." note at the end. If you're sticking to your delusional price after over a year has passed and the mother of all economic crises has hit, then you don't have to sell. You just want to sell, for as much money as possible. If you had to sell you'd drop it to $450,000 and have it sold before everyone is done buying real estate until 2010.
What a Perfect Opportunity to own a Chunk of Alameda. [...] Duplex with 3bd & 1 ba in each of the 2 units. [...] Park like setting. The Yard is as spectacular as the Investment opportunity. [...] This has to sell.
Note the cute "This has to sell." note at the end. If you're sticking to your delusional price after over a year has passed and the mother of all economic crises has hit, then you don't have to sell. You just want to sell, for as much money as possible. If you had to sell you'd drop it to $450,000 and have it sold before everyone is done buying real estate until 2010.
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