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Reply #8: In my market it is much, much better. [View All]

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barb162 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-07-09 09:07 PM
Response to Reply #6
8. In my market it is much, much better.
The house is down about 20% in value from a year ago, but much better than when I bought about 15 yrs. ago. House value depends so much on area. CA prices have gone down a lot but if a person bought a house there 20 years ago, I bet they still make a mint when they sell. You may regain that equity in a fairly short time. Refinancers...they're another story.
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     - Yeah and if you check certain parts of CA, it's the same story  barb162   Oct-07-09 09:08 PM   #9 
     - In my market it is much, much better.  barb162   Oct-07-09 09:07 PM   #8 
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