A $270K price reduction in Downey
- Share via
This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.
Dr. Housing Bubble watches listings like a hawk, and when he finds a doozy he writes it up. This one is a doozy: A 3-bedroom in Downey that sold in 2006 for $905,000 and was priced as low as $635,000 at one point last year. The price has since been bumped up again, the doctor reports, to $715,000.
The home sold for $285,000 in 1997, and $905,000 in 2006. The good doctor is incredulous: ‘A 3-bedroom home in
Your thoughts? Insights? What do you think the house will ultimately sell for? (It’s 3 bedrooms, 2 baths and 2,197 square feet). E-mail story tips to [email protected].