last featured the "situation" at 933 25th back in December 2011.
Go back and read old posts for the full story. It is once again listed as a short sale and the listing looks about as fishy as possible.
The previous short sale listing was for $2.2mm and the current one is for $2.7mm. Getting closer but still well below market in my opinion.
The current listing has no photo. Not a big deal but when the description says "NEEDS REPAIRS, BRING YOUR CONTRACTOR". This is near new high end construction. Why would you need to do any repairs? In fact, an old rental listing for the property said "like new construction with fine quality craftsmanship". That doesn't sound like something that needs repairs or contractors.
So why would you put that phrase in the description if it weren't true? Well, maybe it could help you trick a bank/lender into approving a lower than market price on the short sale.
The fishy smell continues as you look at the listing agent and firm...some joker in the valley. I'll start believing these listings when they are done with a reputable local broker.
I don't have all the facts but I don't know why the lenders don't foreclose and put this withering beast out of its misery. This thing is a bubble relic that just won't die.