What Does a Motivated Seller Look Like?

Weekly Price Reductions . . Till it Sells

What does a motivated seller look like?

This pattern of price reductions comes about as close as anything you're likely to see:

7/17/09: old price - $595k; new price - $585k
8/7/09: old price - $585k; new price - $575k
8/19/09: old price- $575k; new price - $565k
8/26/09: old price - $565k; new price - $555k
9/3/09: old price - $555k; new price - $545k

You could practically set a metronome looking at this Minnetonka home's pricing history.

Want to guess when -- and how much -- the next price cut will be, if it still hasn't sold?