Housing doom and gloom - ENOUGH already !!

Then look at

Sale History
09/02/2005: $699,000
10/17/2000: $230,000

So the house is probably worth more along the lines of 230k since most of the rest of the US housing is around the 2000-2001 levels. That house needs to come down 165k at least. Not to mention the house looks like a fixer just by looking at the outside. Honestly...I would not be interested in buying a house as ugly as that unless the price was under 150k. Thats obviously a working class family house and should be priced accordingly.

 

Thanks, Smart Money for the interesting reply. A good one

 

It certainly is an interesting time.

 

Price is lowered to $325K

http://www.realtor.com/realestateandhomes-detail/5716-Wilbur-Ave_Tarzana_CA_91356_1107573530