More on Nagle...

So, just to give y'all a little more perspective on the Nagle listing (see earlier post), I cut out the Zillow graph for you. They've got this house priced at late '03 rates ($585k). I know a lot of you think we'll be seeing '01 prices before too long and I don't necessarily disagree with you but late '03 pricing is still a breath of fresh air.

Note that Zillow is throwing out the foreclosure sale price at $789 because Zillow can't believe how low it is. Ha! Believe it Zillow! Believe it because it's going to sell for about $200k less than that.

Once this house sells, which should be any minute now, it'll be interesting to see whether the value graphs for the neighborhood plummet or not.