Sunday, February 1, 2009

To 1999 prices and Beyond!…..

San Diego House

Coming to a country near you soon..... During the bubble, the house for $420 thousand in 2006 (with 100% financing from subprime lender Argent Mortgage). After foreclosure last year, the house sold to cash flow investors in November 2008 for $130 thousand (less than the 1999 price) and is currently being offered for rent.

Posted by mrperegrination @ 07:47 PM (486 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>