Quote:
Originally Posted by SteelBlue
Are they selling for $375k or are they listed at $375k? Our city, like the rest of CA is loaded with homes "slashed" to still ridiculous prices. Very few are moving. Sellers are learning the hard way that there will be much more slashing to come.
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I look at the average income, then multiply by about 4 or so. That would be about right for housing prices, no?