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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Amelia Carhartt who wrote (140653)8/12/2008 1:13:22 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Stunning really and going to 1/2 or better.



To: Amelia Carhartt who wrote (140653)8/12/2008 1:27:30 PM
From: MulhollandDriveRead Replies (3) | Respond to of 306849
 
and that doesn't include HELOCs? right?

i was reading an article here the other day about an elderly couple who paid roughly $11k for their home (CA) in the late fifties, and now owe well over $400K and are insolvent as their mortgage payment exceeds their monthly income


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