Quote:
Originally Posted by Sam
Even Houston, TX is affected by this downturn. Not by a lot, but still.
I wonder how long it will be before we hear again from the people who were absolutely certain that real estate was the smartest LONG TERM investment? Where are they now?
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Sam... I am in Houston and I think it has affected us a lot... not a little...
I sold my house for about 15% less than it would have sold a couple of years ago... I bought the house I am in now for about 12% less...
Take a look at the listing at Har.com and click on the 'reduced price' in your zip.... I bet there are hundreds of houses that show up... true, so of these people were in la la land to begin with, thinking their house was worth a whole lot more than it is.... but still...