Bloody Bloody Stockton House Market

哈欠, TNND, 谁把我吵醒了
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pediatrician2 showed an example of price slashed 34.80% to the original listing.

本周末准备去STOCKTON访问一下。好像很惨的。

It's easy to found more similar deals:



=== zillow RECORD ===

Sale History

Sale History & Tax Info Sale History

11/02/2006: $468,991

No other sale data is available


Tax Information

Tax Assessment History 2005 2006

Total property tax paid: $3,099 $3,247

Assessed value bldgs: $149,581 $152,572

Assessed value land: + $33,740 + $34,415


Total assessed value: = $183,321 = $186,987

=========

Price Reduced: 03/08/07 -- $494,900 to $449,900

Price Reduced: 04/06/07 -- $449,900 to $429,900

Price Reduced: 05/03/07 -- $429,900 to $404,900


Price Reduced: 06/12/07 -- $404,900 to $384,900

Price Reduced: 07/11/07 -- $384,900 to $364,900

Price Reduced: 08/04/07 -- $364,900 to $344,900

Price Reduced: 08/25/07 -- $344,900 to $324,900

From ZipRealty


34.35% lower.



If you look at the curve of 'Market Value Change', Stockton (likely whole central valley) house prices increase drasticlly from Jan 2005 (~300k), topped at spring 2006 (~520k) and this price now listed is about the level at mid-2005. You probably can get it 300k, but will it bottomed to 200k?
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