The exception that proves the rule?

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21 Windrose Way, in Mead Point, was purchased for $8 million in 2005 and after years on-and-off the rental market, was put up for sale in November ‘19 at $5.9, and there it sat. In April ‘20, just as the Chinese Flu market was taking off, broker Brad Hvolbeck raised the price to $6.2 million, and today reports a contract.

Ordinarily, the proper thing to do when a house refuses to sell is to lower its price, and that’s held true even in this market. But you’ll never find me arguing with Brad Hvolbeck, ever.

Very nice property, and I love Mead Point, but I’m not wild about this particular house. Then again, I’m very much not the target audience for $6 million houses, so I think we can disregard my personal taste in these matters.