Today’s Wall Street Journal has an article on how some of the nation’s wealthiest home sellers refuse to lower their asking prices, even as their properties have lingered on the market for years.
Here in Boston, we also have a few holdouts who haven’t budged on their initial asking prices, some of which were set at the peak of the housing bubble:
2 Avery Street #29 E – asking price $12,500,000 on the market 245 days with no price reductions.
2 Avery Street #34E – asking price $5.395,000 on the market 519 days with no price reductions.
100 Beacon Street #7 – asking price $5,990,000 on the market 974 days with no price reductiions.
File under: Good luck