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Price reductions, increases, and flooding the MLS

November 5th, 2006 · Comments · By Matt

This weekend we saw the following things happen:

Popularity: 7% [?]

Tags: Lumen · Mosler Lofts · Uncategorized

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  • Steve
    I think the reason that Mosler Lofts is maintaining and even raising their prices is because they have a quality product. For the last couple of years any kind of real Estate that you put out there would sell, it was a seller's market. Now, times have changed and the properties and projects that were overpriced are adjusting.
  • Sea~Condos
    That same Mosler Lofts unit was available for $625K in early October. So in less than a month, they have raised the price a total of 40K (two separate price increases of 20K each). I have no idea why, especially when everyone else is lowering their prices.
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