"20% over the asking price!"

If you own property in San Francisco, local realtors bombard your mailbox with post cards touting their power to sell, sell, sell your house. Today's card comes from one Janet Larson. She sold the house here for $1,055,000. "3 bedroom, 1.5 bath home w/ 1 car garage & garden". The asking price was $879,000.

I often wonder how this can be a good thing, even as the "price" of my own modest little palais soars.


(I love that "hybrid" option on the Google map view. Very cool!)