Heh – I was pulling up some old sales on a street of modest houses just now, in preparation to give a price opinion for a colleague’s listing presentation (my advice? Don’t bother) and I saw a string of sales, all the low 6’s through, as we got into 2007, $825. But one sale for a million dollars stuck out from 2006. I looked it up and it had been renovated, but so had most of the others. The only real difference I saw was that the buyer was represented by an out-of-town agent. Readers have commented before that these obliging people get rid of our least desirable houses at ridiculous prices and I agree. Some of my fellow agents think we should make it difficult for these people to operate in town but I think the opposite: bring ‘em on – we have tons of inventory to unload and the sellers would love to get something even close to their asked-for price.