Saturday, March 12, 2011

Wall Street malfeasance hits home

(Pun intended.) Older assessment information isn't available online from the County.

The market value was even higher in previous years.  (But there was another huge drop between 2008 and 2009.)

Bought in 2002 for $77,500 and the value rose steadily. Mortgage is low, so I still have some equity in it.  (I'm not "under water.")  (Lots of people are.)  Foreclosures in the building have killed the value.  (While immoral Wall Street made a killing off risky mortgages.)

One of the worst real estate markets in the country, if not the worst.

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