Saturday, January 27, 2007

Minimum $165K loss for San Marcos Flipper

Listing Details:




Previous Sale Details:


Comments:
Flipper original asking price was $860K and now is $675K. $165K (if he gets a full offer) loss in 20 months shows how stagnant the San Diego Real Estate market has become. I forecast a 20% decline by the end of the year.


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