Motivated?

507 N Kainalu Dr
Beds: 3
Baths: 2
Sq.Ft.: 1,254
Land; 10,055
Price: $977,000

What caught my eye was the innovative pricing strategy combined with this note in the description: "EXTREMELY MOTIVATED SELLER!" Really? Then why did they RAISE the price?

The seller bought this place for $835,000 in August, 2006. 5 months later, in January, 2007, they put the house back on the market, so it looks like a flip. The MLS says nothing about the occupancy status for this place, but judging by the excessive use of patio furniture I see in the pictures, I'd say it's vacant.

As for the pricing strategy...
Jan 19, 2007, $959,000
Feb 21, 2007, $949,000
May 14, 2007, $939,000
July 5, 2007, $937,000
Oct 13, 2007, $987,000 50k Price INCREASE
Oct 27, 2007, $977,000

Somehow a seller raising the price over what they were originally asking does not look extremely motivated to me.