Sellwood - Moreland Improvement League : Real Estate Advice

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Papasloth, Other/Just Looking in Portland, OR
Papasloth answered:
Our realtor discourages lowballs, yet there is a big difference between average list and sales prices. Why?
Seller expectations are slowly re-aligning, and what may seem a low offer now might seem pretty reasonable in 6 months. For example:

Back in August, 2008, my wife and I put in a bid ... more
The Stephen…, Real Estate Pro in Portland, OR
The Stephen FitzMaurice Team answered:
What was the home value decrease in the Sellwood/Moreland neighborhood between Jan. 07 and Jan. 08?
Just now in 2009, I was able to find sellwood homes for 50-100K less than last year for my buyers.
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