Is that too dramatic? I have been too sick lately to post. Luckily, they say laughter is the best medicine. Zillow delivered an interesting tidbit to my inbox this morning
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Nothing like Zillow to pour some salt in an open wound. I love the way they can turn the screws… although it’s more like 80 to 90% of the people in Socal who purchased in 06 and 07 now have negative home equity. Might as well throw in 2005 as well, as the bottom seems to be falling out of the market.
Highly recommended is Rich’s new post up over at Piggington about the crash:
I guess the good news is that in the last 2 years, you’ve only lost about 4 times your yearly income. That means your income is only negative 2.
Who touched it, tell plz, how it is?
Just wanted to say hello all. This is my first post.
I expect to learn a ton here.