Million-dollar loss?
/18 Flower Lane (off Upland), purchased new for $4.250 in 2001, last asking price, $3.590 (started at $4.350 in May), reports a contract. Assuming a discount from that last asking price, it wouldn't surprise me if this house turns out to have depreciated a million dollars over the past 17 years.
Which must be disappointing to both the owners and their listing agent because, although the house is located on the less popular side of town, and has an unfortunate facade, it was staged with all the requisites. So what happened?