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Reply to "What is up with this listing in Arlington Forest?"
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[quote=Anonymous]I drive by and I swear this house has been on sale forever: [url]http://www.redfin.com/VA/Arlington/4763-Arlington-Blvd-22203/home/11243833[/url] Assessment is $500K but it keeps getting listed (and delisted and relisted) for $100K to $150K above that. I'm particularly baffled because it was sold in 2004 for $400K, so it were priced right, it would have probably sold with multiple bids and the owner would have made a profit. It doesn't make sense to me -- why list so much higher than the comps/assessment? My thought is, if this were priced at $500K, it would get bid up to $550 or $560K the first weekend. But maybe now it's been on the market too long and the perception is it's not worth it?[/quote]
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