weswelker#83

That $600,000, 1,300 square foot home, bought last year, in California is now worth $444,000.

http://latimesblogs.latimes.com/lala...rnia-free.html

DarrylS

Talk about being "upside down"..

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.

BelichickFan

Newsflash - that's how the housing market is. My parents live in Ramona, about 20-30 miles east of SD. They bought their house not that long ago - something like 2000 to 2002. They paid about $210K for it. About 12 months about it had tripled in value to about $600K. Now, maybe it's more like $450K. It happens. House prices are like the stock market - they go up but not always in a straight line.

Real World

A little more of a drop and the house just might reach it's actual value. To think people were buying 3 families on Chelsea Street in EB for $700k. LOLOLOLOLOLOL!!!! Some people are truly stupid.

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