03-27-2010, 10:38 AM
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(03-27-2010, 10:21 AM)Twitchin Kitten Wrote: Fortunately houses around here are holding steady in their worth. My house is worth twice as much as what I paid for it ten years ago and IF I sold it I would make a profit on it. The problem is they're not selling. No one is buying.
Count your blessings, we are effed down here. My friend's neighborhood (starter homes $199,000) are selling out of foreclosure for less than $60,000! What do you do with that? I am trying to figure out how I can get out of this mess, but I don't see a way. I have family in the USMC and I want to be with them on the coast, but I'm stuck. I'm trying to rathole money so I can sell and take a small hit if I have to. There are so many builder closeouts (my county waaaaay overbuilt, it was one of the top ten fastest growing in the entire US for a few years), it is hard to sell a pre-owned home. Half of my neighbors are redneck assholes, so I am considering becoming a Section 8 rental. hahaha
I feel cheated. I worked hard, minded my own business, raised my family, invested in homes, etc. Now I am effed. Totally feel let down. The American dream is a nightmare in my neck of the woods.
On the gossip track, they found a 73 year old former state senator and her husband dead in their homes. Murder-suicide, they think. That's sad.