Those looking to buy and get a GOOD DEAL, know that DEALS are still out there. Here is an example of one in Beverly Hills:
312 N Oakhurst Drive was listed at $ 3,150,000.
It was reduced to & 2,950,000 and it SOLD in February 2011 for $ 2,100,00.
It sold for over ONE MILLION DOLLARS UNDER THE ORIGINAL ASKING PRICE.
Moreover, the accepted offer was receive 90 days after the home was listed.
It is obvious this was a motivated Seller.
The trick is to be flexible and find such a Seller.