Banks and HOA's:click
Down:click like mayhbe August??? when a bunch of recasts happen?
Home prices and revolving credit, good read:click
Plunger alert from 2500 max:"Ouch" is also a four letter word. Here is a bank owned tract home McMansion sporting a respectable 3500 sq feet that is 1 day new to the MLS with a major price reduction.
ON MLS: M1374008 asking $346K
Purchased: 3/2007 for $730K
This is a $384K (53%) loss.
How does a $346K asking price affect the adjacent.
Purchased: 8/2003 for $392K
Purchased: 2/2007 for $610K