The Price of the Home Across the Street and Its Long Shadow
We were looking at a Silicon Valley estate sale which was “priced to sell” according to the listing, and when you’re searching for tangible information, words like that (along with vague adjectives like “quaint” and “charming”) eventually lose all their meaning!
Instead, they become signals of things to look out for: little tooltips that say, “Pay a little more attention to me,” sometimes with an exclamation point.
In this case, it was a subtle alert to look very closely at comparable properties. And the important data wasn’t in the house were were about to look at — it was in the house across the street which just went into contract…
Mar.20.2007 [ Filed under: Bay Area Real Estate, Home Buyers, Home Owners, Real Estate Stories ] Comment Here »