A HOUSE!!!!1ELEVENTY-ONE

12/18/2008 11:33:43 AM

congrats on falling into the declining housing market?

12/18/2008 11:34:13 AM

well if the roof is ever on fire, you don't need no water, just let it burn

12/18/2008 11:34:35 AM

12/18/2008 11:34:40 AM

is it 5-8 times the value of your annual salary?

12/18/2008 11:36:54 AM

^^ i like the two year old charts

12/18/2008 11:38:52 AM

CURRENT BOOM

HEADSHOT

12/18/2008 11:40:59 AM

Quote :

"Source: "Irrational Exuberance," 2nd Edition, 2006, by Robert J. Shiller"

12/18/2008 11:45:17 AM

^^^^ No, it's about twice my annual salary.

Quote :

"congrats on falling into the declining housing market?"

bought it for $30,000 less than appraised value, which was $20,000 less than the previous sale price. The tax value is like $240,000 which is WAY (almost $100,000) more than I paid for it.

12/18/2008 11:45:45 AM

sadly i think homes are still declining. but if you can stay in it long enough to pull a good return more power to ya

12/18/2008 11:50:06 AM

I'm hoping the value doesn't fall below what I paid for it.

but you never can tell...

12/18/2008 11:53:43 AM

Quote :

"The tax value is like $240,000 which is WAY (almost $100,000) more than I paid for it. "

you better work on getting that reassessed

im the opposite boat

mine hasnt been reassessed since like 1988 and i'd like to keep it that way (<100k below what i bought it for

12/18/2008 12:05:52 PM

aids

12/18/2008 12:06:57 PM

^^ Good thing I got it appraised then! That should help me get that fixed.

12/18/2008 12:35:22 PM