What do these 7 Red arrows mean?

By
Managing Real Estate Broker with Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745 01233850

7 Red ArrowsWhat do these 7 Red arrows mean?
All these arrows are pointing DOWN in this search.

I did this search tonight while I was looking for a home for a Temecula buyer. It hit me that almost half of the homes showed a price reduction (Red Arrows ).

Looks to me that many of the sellers in our Temecula market have gotten too aggressive with their pricing and are now chasing their tails to correct to the market or maybe their agents told them their homes were worth more to get a listing (Oh no! ).

What do you think?

 

 

 

Comments (2)

Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hi Sidney,
Very nice presentation of yours! Thank you for keeping us well informed. Keep it up!

May 01, 2014 09:30 PM
Waynette Hoover Araj
Keller Williams Realty - Asheboro, NC
Connecting your Dreams with the Right Real Estate

Interesting article! I like how you presented it. Keep it up!

May 13, 2014 12:41 PM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?