Stacee Lieberman-Massoni

In this market there can be a number of reasons you see a price reduction of this magnitude. Typically it happens when the sellers have not accepted the current market conditions and insist on pricing their home above the current value. Inevitably in this type of scenario the seller will find themselves in a spiraling decline trying to catch up to the market which can result in large price reductions. There are many other factors that can also play a role in such price reductions such as financial, relocation & more..... This home does presently have an accepted offer on it so in the end the price reduction was a success. If I can be of further assistance in your home search please feel free to contact me at 914.806.6981. You can also visit my web site at http://www.staceerealestate.com for more helpful information as well. Best wishes with your search!!!! - Sat Aug 22 2009, 08:57