I won’t vouch for these new prices but at least the owners are getting serious. 142 Cat Rock, a really nice house, in my opinion, was purchased for $4,050,000 in 2005 and is marked down today to $2.995 million. There has to be some value there, don’t you think?
8 Sherwood Lane is not particularly appealing to my taste, but it has dropped from $5.8 million in 2007 to $3.8 today.
And then, just to prove that we still have stubborn sellers among us, 4 Old Camp Lane makes its return today, at $1.975 muillion. Each year, beginning in 2006, this house has appeared on the market. It asked $2.345 back then and, at least to my mind, its new price is not significantly different.