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Old 10-06-2009, 11:58 PM   #1
thataintchicken
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Paid in the low $320K range. Which at the time was a STEAL in SIlicon Valley.
now.

worth about 2/3rd of that in this economy.
Won't be moving back home to PDX anytime soon.

Time to stop looking for new jobs in PDX and hoping to sell, and to look locally for a new job for the next year or two.

SWMBO has been looking for six months already... no luck for her and she is way smarter and better at things than me. Cuter too.

But I cook better.
Just Sayin'.






got to have some humor -- nothing else left.
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Old 10-07-2009, 01:13 AM   #2
jpc
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As they say, TPIWWP (of SWMBO).

But I gotcha on the Kooky Kali prices thing. I bought in Dec 2006, pretty much the height of the market. Last I checked my value had dropped at least 25%, so my entire down-payment is gone.

 
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Old 10-07-2009, 01:38 AM   #3
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I feel your pain.
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Old 10-07-2009, 02:56 AM   #4
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I bought a townhouse in Phx in 2003 for $85,000.

They are now selling for ~$35,000-$45,000 due to the foreclosures after the prices went up to ~$165,000 in 2006.

Nice, I owe 3 times as much as I bought for, after paying a mortgage for 6 years. That's what I call a good investment. I'm glad Clinton and Bush made it a priority to ensure anyone could buy a house -- and then walk away from it a couple years later, and destroy the equity in every responsible buyer's property.

 
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Old 10-07-2009, 03:10 AM   #5
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I've had extraordinary luck with real estate. Bailed out of SoCal at the 1989 peak, Las Vegas in 1993, got out of Sunnyvale in 2004. The couple that bought my house there got clobbered. My place in Oregon (at least in the opinion of the taxman) has about doubled. Not that I would be able to sell it. My neighbor's farm is in escrow after 8 years on the market.

Ain't so lucky in love.
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Old 10-07-2009, 03:13 AM   #6
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We have been lucky in IN... I feel for ya.

 
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Old 10-07-2009, 03:15 AM   #7
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I'm in the process of buying my first house. Getting in at the right time, at least.
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Old 10-07-2009, 03:28 AM   #8
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I hate you all

you see, I moved in 2006 and haven't been able to sell my townhouse - since it's worth about $40K now.

But, the town I'm in now, prices have also come down ~35%, so I may buy soon, since I have my townhouse rented out.

The Phx market is so weird right now due to all the foreclosures....

 
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Old 10-07-2009, 03:36 AM   #9
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there are 6 vacancies in my condo complex. all short sales.

Ticks me off that I did everything right.. paid my mortgage on time and now, watch as these a$$holes walk away from their obligations and I get the $haft for it. Freaking 3 bedroom / 2 bath places for $240K average in SF bay area.

Buyers market right now.

At least I have beer, SWMBO and a job.
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Ginger, how long should I boil these crab legs for? I want them to fall off the bone just like Texas pork ribs. - Ace Club

 
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Old 10-07-2009, 03:39 AM   #10
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If you want to move back to PDX (not sure where that is), I'll gladly stay in your condo while the value rises again

I never thought of the Newark/Fremont area as Silicon Valley though.
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