Quote:
Originally Posted by Brian837
it is not true, at least where I live not even close to being true LOL, 2003 I sold my house for 255K, I bought the same exact house for 78K. The whole area is like this.
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Every market is going to be different.. It depends a lot on local jobs and how many houses are for sale/foreclosed on. You are probably in some area that has far too many upside down mortgages.