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- Sacramento Regional Real Estate Trends for April 2...
- Jumped the Shark
- Please Don't Panic
- Picture of the Day
- Getting There
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- Metrolist Lowers Default Pricing... Again
- The Biggest Losers
- More Dead Retail
- Fun With Google Trends
- Note on "Shadow Foreclosures"
- Sacramento Regional Real Estate Trends for April 1...
- Weekend Humor
- UPDATED: Sac County Sold and Listed Stats
- Distressed Properties Update
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- March Sales Data
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5 comments :
Still way overpriced...these homes will go under foreclosure too. Just too much inventory.
Please tell me you sent this to Ben Jones for his picture gallery!
Remember that prices are set at the margins? Well it looks like foreclosures are the price point to beat >; )
Hahahah. Very nice.
LOL, it is a JTS sign. That company is walking the market down. In 2006, they said "Buy a $1,000,000 house for $500,000"! (Those same houses are now under $300,000). Then they said "Auction Pricing, without the Auction". Then it was "Special Incentives" where they fleeced lenders like Option One for $100,000 cash back on your purchase.
Now it is "Foreclosure Pricing". They may have it right this time....whoever owns their home one year from now probably will be in foreclosure....the only question is will it be JTS or the next FB!
LOL, it is a JTS sign.
:) JTS definitely has balls. They screwed their buyers worse than any builder in the region, and now they offer "Foreclosure Pricing."
My take is, they've always offered foreclosure pricing. If you bought from them in 2005, you're in foreclosure. If you buy from them now, you'll be in foreclosure soon.
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