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

To: James Hutton who wrote (143851)8/31/2008 9:34:18 PM
From: JBTFDRead Replies (1) | Respond to of 306849
 
We have definitely been hit but good neighborhoods are holding up pretty well. Depending on where your little fixer was I think you're right about it being worth about 3 times that now.



To: James Hutton who wrote (143851)9/1/2008 3:53:52 AM
From: damainmanRead Replies (1) | Respond to of 306849
 
Home prices in my area codes 93905/93906 are back to 2001 levels.



To: James Hutton who wrote (143851)9/1/2008 1:16:52 PM
From: SchnullieRead Replies (1) | Respond to of 306849
 
I paid $110K then (too much), and it's probably almost tripled by now.

Tripled in 18 years? That just beats out the return on a savings account bearing 5% interest. In fact, its the equivalent of a 6% APY.

As an investment, you could have done far better with an index fund.


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