January 23, 2007

Progress on The Tale of 3 Pamelas!

As previously seen on Burbed…

How to lose $94 a day – 12% price drop in 1br/1ba condo in Mountain View — Burbed.com: Your Silicon Valley Home and Mortgage Insanity Blog

So that posted back on January 2nd. Let’s see how things are going on with the Tale of 3 Pamelas!

pamela-22.jpg

HOLY SMOKES! 2 Sales Pending!

Congrats to #19 and #5. Sure #19 had to drop its price from $328,000 to $300,000 (8.5%) and #5 had to drop its price from $349,000 to $308,000 (11.7%) – but it definitely did the trick.

#4… uh… well.. 3% just isn’t cutting it anymore.
The real question is – what will the final sales price be? Maybe there were bidding wars and #19 and #5 will each sell for their True Mountain View Value: $500,000!

Time will tell.

DAMN! REAL ESTATE IS SO EXCITING!

Click here to post a comment -- Posted by: burbed @ 5:05 am

No Responses to “Progress on The Tale of 3 Pamelas!”

  1. Stefan Says:

    Very Interesting. Again thanks for tracking these. It is a littl microcosm for the entire market.

  2. Pamela Drive: Prostitution and Condos -- Burbed.com: Your Silicon Valley Home and Mortgage Insanity Blog Says:

    [...] of Burbed’s favorite streets is Pamela Drive. In the last post on this street, this was the status of the 3 condos that are being [...]


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