A “stigmatized” property - what those in the real eastate biz call homes with bad karma - can lose hundreds of thousands of dollars in value. The other problem with "stigmatized" homes is that the reason it's stigmatized is more easily hidden from buyers than a leaky roof or creaky floors.
"Murder would seem to be horrific and would garner a 50 percent reduction, whereas a landslide on the property might be more toward 30 percent."
Considering the condition the real estate market’s already in, this sounds like it might be a pretty serious problem; either too many haunted houses are on the market or too many agents are tricking people into buying them.
But what’s with the picture they put with it?
Way to make fun of people who don't want to live in the Amityville Horror house. They must be crazy.