http://www.businesspundit.com/the-case-shiller-index-how-much-have-home-values-in-your-city-fallen/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 20 Nov 2009 20:31:15 -0600 http://wordpress.org/?v=2.8.5 hourly 1 http://www.businesspundit.com/the-case-shiller-index-how-much-have-home-values-in-your-city-fallen/comment-page-1/#comment-9317 Drea Wed, 01 Oct 2008 19:26:30 +0000 http://www.businesspundit.com/?p=5649#comment-9317 Funny, there's a condo in my building with the same problem. It's been listed above-market for quite some time now...and has as a result been ON the market for a long time. People are obviously interested in the place, but I don't think the owner is willing to negotiate. Holding out like that seems a little naive. I anticipate that the owner will panic and sell it for way less than s/he initially wanted if this keeps up. Funny, there’s a condo in my building with the same problem. It’s been listed above-market for quite some time now…and has as a result been ON the market for a long time. People are obviously interested in the place, but I don’t think the owner is willing to negotiate. Holding out like that seems a little naive. I anticipate that the owner will panic and sell it for way less than s/he initially wanted if this keeps up.

]]> http://www.businesspundit.com/the-case-shiller-index-how-much-have-home-values-in-your-city-fallen/comment-page-1/#comment-9316 CoolProducts Wed, 01 Oct 2008 19:23:35 +0000 http://www.businesspundit.com/?p=5649#comment-9316 Kansas City seems to be hit hard in some areas. My neighbor, whose house was valued around 1.5 last year, was adamant that she wouldn't get half of that in the current. It may not be as bad as she feels, but I've still noticed that many homes with a higher price tag aren't selling, and many owners are unwilling to drop the prices any lower. Kansas City seems to be hit hard in some areas. My neighbor, whose house was valued around 1.5 last year, was adamant that she wouldn’t get half of that in the current. It may not be as bad as she feels, but I’ve still noticed that many homes with a higher price tag aren’t selling, and many owners are unwilling to drop the prices any lower.

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