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.
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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