CFAH

10% of the listings featured in HILL & CO’s full page Sunday Real Estate ad screamed “PRICE REDUCED!” Perhaps under pricing listings to generate bidding wars is so last year, and the new new pricing thing is to over price in order to make buyers feel like they’re getting a bargain when it’s reduced?
All relatively high-end properties, but that’s usually a leading indicator (of you know what). The three properties:
· Listing: 2705 Buchanan – $3,695,000 [MLS]
· Listing: 145 Mallorca – $2,595,000 [MLS]
· Listing: 2253 Franklin – $1,795,000 [MLS]

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