We're enjoying a series of Realtor-made videos that have been popping up on YouTube in which agents take a video camera around a neighborhood to show what's happening on the ground. (See this one from Wednesday.)
In this video, Jim "the Realtor" Klinge of Klinge Realty in San Diego gives us a peek at one of his newest listings in Oceanside, Calif., where he discovers about eight REOs or bank-owned homes for sale within about a three-block radius. (Hat tip to Andy Kaufman for digging this one up.)
Klinge says the seller of his listing paid $318,000 a little over a year ago -- and the asking price now is looking to be somwhere in the mid-$100,000s.