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Reply to "Are sellers cutting prices in your area?"
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[quote=Anonymous]It's hard to know what is priced aggressively vs. what is not. In 20015 and 20016, some houses are sold within days above asking, while others have languished. Yeah, it generally correlates to houses at $2MM+ taking longer vs. houses below $2MM. I was shocked that a complete teardown sold for $1.2MM in like a week...I have no idea what the builder expects to do with the place and how much they think they can relist.[/quote]
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