We first covered 803 Ida back in 2008 when they were asking $995,000, down from $1.2 million earlier. Then on their second anniversary, they were asking $899,000. Two years later, and they are at $749,000. Just wait until 2013 and you'll be able to pick it up for $600,000. Unfortunately, all that time on the market hasn't been kind to the building. The Redfin agent notes that it "could use a little TLC."
In other news of misguided Solana Beach condo developers, remember 140 - 146 N. Rios? These glue-sniffers were trying to sell strip-mall-view condos for the same price as nearby big, beautiful, ocean-view single-family homes. Well, that didn't work out so well. Three years later, they're still trying to sell them at the same asinine prices.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjN1i2GkIF3N-caXCozBgZsmCkQzeA09UHlYCobgZvxtu1uuHB1p0zb3FQ_yc7obBg7Y0uoD9XhnxgkhqFnlegXtl-UqHbyXAq-pBEReL-TXEGU3jDVMEYTRyAx2dDgDjS7jTfvtQ/s400/sellermaycarry.jpg)
"Seller may carry" indeed. That dude would carry you on his back across the Sahara Desert if you'd give him $1.65 million for a concrete jungle condo.
1 comment:
There's a whole new wave of people in foreclosure, losing their houses. Soon the banks will have even more over priced homes that they can't sell, listed at unrealistic prices.
I figure I could get a little better than $350,000 for my house in Huntington, that was worth about $700,000 five years ago. They're trying to get just under $500,000 for the ones on the market.
They aren't selling like hotcakes.
You can get a nice 5-7 year old, 5bd/3ba, 3,000 sq ft house in the Merced area for about $40,000. Any takers?
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