Richmond area- example of how rough thing are and how gutsy buyers have gotten: tax assessment of a house is $837,600. Last list price $725,000. Current list price $675,000. Two offerors just engaged in a "competition"...
$450,000 went to $510,000
$515,000 went to $535,000 went to $550,000
Sellers countered at $635,000. No deal.
The buyers will just keep looking for another property.
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