tag:blogger.com,1999:blog-33255068.post9116445100545469685..comments2023-11-02T05:18:21.296-07:00Comments on Bakersfield Bubble: Bakersfield Sotheby's partnership crumblesBakersfield Bubblehttp://www.blogger.com/profile/12663275045022347451noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-33255068.post-4853366170144978362007-07-17T21:05:00.000-07:002007-07-17T21:05:00.000-07:00I don't get this. Why would anybody try to start a...I don't get this. Why would anybody try to start an office in Jan 2007 - esp. luxury homes. If you check the listings on the high end housing, you see the majority of them with just a few agents. It looks like some very long-established local agents already cornered this market when "luxury homes" were still a novelty in Bakersfield. My guess is that there's more to this story.xs10shellhttps://www.blogger.com/profile/14612973840497735973noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-91208692565441130382007-07-17T11:04:00.000-07:002007-07-17T11:04:00.000-07:00Thanks for the information!!Thanks for the information!!Bakersfield Bubblehttps://www.blogger.com/profile/12663275045022347451noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-32093854347664381052007-07-17T11:01:00.000-07:002007-07-17T11:01:00.000-07:00Here's some info on a Williams and Williams aution...Here's some info on a Williams and Williams aution I attended this morning...<BR/><BR/>The house is 3,154 sf and located in Shilo Estates, 2444 Ollie Ct. The house has been on the market for about 2 yrs was was on the market due to a relo. Was purchase on 8-15-03 for 327k and then sold to Land America One Stop (something to do with the relo) for 602k on 2-1-07. <BR/><BR/>It sold at auction for a whopping $106 a Sf for a grand total of 335k, quite the loss.<BR/><BR/>There were about 20 folks onsite but only 2 bidders. What was funny were all the high power RE agents in their 7 series bimmers watching the market crumble before them. Wonder why they weret't bidding???<BR/><BR/>This was the 4th home in Shilo to go on the auction block and I don't believe any of them fetched more than 150 a foot. Great news for the comps bad news for all those poor souls trying to sell....no pity!TheFunSuckerhttps://www.blogger.com/profile/08394440875021768340noreply@blogger.com