They haven't actually lost money on it yet, because they haven't sold it yet
/The nice thing about a slow listing is that the agent doesn’t need to keep the photos up-to-date: winter will come around again, and the pictures will again be current
Owners of 613 Round Hill Road, way up north, cut their price to $3.3 million today. They paid $3,999,999 for it in 2007, so trying for $3.8 this past January was probably ill-advised. Remote locations have fallen out of favor in the past twelve years, and 1992 construction, especially kitchens and baths, looks dated, even obsolete these days.
1992 called: it wants its foyers back
How hot was the 2007 market? This hot: you could toss pictures like these onto the internet and still get full price.