yaaay my Condo is 1/3rd less valuable today. - Page 2 - Home Brew Forums
Register Now For Free!

Home Brew Forums > Home Brewing Community > Drunken Ramblings and Mindless Mumbling > yaaay my Condo is 1/3rd less valuable today.

Reply
 
Thread Tools
Old 10-07-2009, 03:41 AM   #11
AZ_IPA
PKU
HBT_LIFETIMESUPPORTER.png
 
AZ_IPA's Avatar
Recipes 
 
Jun 2008
The Cold Part of AZ
Posts: 53,570
Liked 9065 Times on 7218 Posts


I agree...

well, I don't have SWMBO, but I do have a job and beer....

 
Reply With Quote
Old 10-07-2009, 03:47 AM   #12
thataintchicken
HBT_SUPPORTER.png
Recipes 
 
Sep 2008
Lewiston, ID
Posts: 8,543
Liked 1369 Times on 1337 Posts


Quote:
Originally Posted by MBasile View Post
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.
Hayward promotes itself as the Heart of SILICON VALLEY. I don't know why...
lots of hi-tech up here... or was. NUMMI will even be leaving next year.

Trying to stay positive.

This location was perfect for me as a Freelancer. BART station, airports and walking distance to everything neighborhood.

Bright side is my property tax will be lower.
__________________
Subtle is too confusing. Subtle only has it's place for aroma, flavor, and insult. Anyplace else, you lose. -GilaMinumBeer

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

 
Reply With Quote
Old 10-07-2009, 03:55 AM   #13
Zen_Brew
 
Zen_Brew's Avatar
Recipes 
 
May 2009
Seattle
Posts: 1,864
Liked 23 Times on 23 Posts


Sorry Thataintchicken, that's a real shame. I saw what was happening up North in the Pittsburg/Antioch area when I left. Just pages of homes on the foreclosure list.

Keep your chin up, Portland aint goin nowhere, you'll get back.



AZ_IPA Your situation kinda sucks too, but man what I wouldn't give to be able to buy something for $85,000 Even if I got upside down the payment sure would still be nice.
__________________
Primary: German Hef, Belgian IPA, Scottish 80, Belgian Dubbel
On Tap: Oatmeal Stout, Vanilla Oatmeal Stout, Belgian Dark Strong, Munich Dunkel, Dunkel Weizen, Oktoberfest, Bock, IPA, Black IPA, English IPA, Pale Ale

Using the mind to look for reality is delusion. Using your senses to look for reality is awareness.

"One time I was so desperate for a beer I snuck into the football stadium and ate the dirt under the bleachers." Homer Simpson

Life, Liberty, and the Pursuit of Hoppiness

 
Reply With Quote
Old 10-07-2009, 03:59 AM   #14
AZ_IPA
PKU
HBT_LIFETIMESUPPORTER.png
 
AZ_IPA's Avatar
Recipes 
 
Jun 2008
The Cold Part of AZ
Posts: 53,570
Liked 9065 Times on 7218 Posts


Quote:
Originally Posted by Zen_Brew View Post

AZ_IPA Your situation kinda sucks too, but man what I wouldn't give to be able to buy something for $85,000 Even if I got upside down the payment sure would still be nice.
kinda?? oh it sucks big time. I'm just glad I'm still okay financially, for the most part.

 
Reply With Quote
Old 10-07-2009, 04:12 AM   #15
GilaMinumBeer
Half-fast Prattlarian
HBT_LIFETIMESUPPORTER.png
 
GilaMinumBeer's Avatar
Recipes 
 
Jan 2008
Posts: 59,194
Liked 7677 Times on 6273 Posts


I don't even wanna know what my investment properties value is right now.

At least my ARM dropped 1% tho'.

 
Reply With Quote
Old 10-07-2009, 04:16 AM   #16
Picobrew
Biscuit Enthusiast
HBT_LIFETIMESUPPORTER.png
 
Picobrew's Avatar
Recipes 
 
Jan 2009
NW Portland, OR
Posts: 1,135
Liked 23 Times on 15 Posts


40k for a townhouse wow! Cheapest condos here are still 150k and thats for 400sqft. Market has definitely "Dropped" but home prices in portland have gone up for 3 months in a row tho. Luckily I bought in 2003, so I still have some decent equity (crossing fingers).

 
Reply With Quote
Old 10-07-2009, 04:32 AM   #17
AZ_IPA
PKU
HBT_LIFETIMESUPPORTER.png
 
AZ_IPA's Avatar
Recipes 
 
Jun 2008
The Cold Part of AZ
Posts: 53,570
Liked 9065 Times on 7218 Posts


Quote:
Originally Posted by Picobrew View Post
40k for a townhouse wow! Cheapest condos here are still 150k and thats for 400sqft. Market has definitely "Dropped" but home prices in portland have gone up for 3 months in a row tho. Luckily I bought in 2003, so I still have some decent equity (crossing fingers).
Just for the record, here's the sales history on a townhouse in my complex:

10/27/04: $105,900
7/27/05: $160,000
9/13/05: $185,000
7/18/06: $183,000
8/24/09: $34,125

no lie; I'm not missing a "1" on the 8/24/09 sale....that's how bad things are in the phoenix market

 
Reply With Quote
Old 10-07-2009, 04:46 AM   #18
Ksosh
 
Ksosh's Avatar
Recipes 
 
Jun 2009
Albany, NY
Posts: 513
Liked 2 Times on 2 Posts


Listening to people's stories reminds me that I am SO glad the wife and I didn't buy a condo in DC about 5 years ago!

They converted a crappy apartment community into townhouses to sell, in Alexandria, and people were buying them up like hotcakes for $285k+ BEFORE THEY WERE EVEN FINISHED REMODELING! Pretty sure they're worth $200k or less now, as they were in an 'eh' location and overlooking a major highway.

Of course, I left my sweet gov't job for a PhD program, so I'm pretty sure my lost income these past 4 years as a starving grad student is just about even with what everyone's lost on their homes
__________________
-Ksosh
----------------------------------
Primary: Belgian Dark Strong, Version 2
Secondary: Second running session ale #2

 
Reply With Quote
Old 10-07-2009, 05:06 AM   #19
MBasile
Recipes 
 
Jun 2009
Austin, TX
Posts: 1,537
Liked 14 Times on 14 Posts


Quote:
Originally Posted by AZ_IPA View Post
Just for the record, here's the sales history on a townhouse in my complex:

10/27/04: $105,900
7/27/05: $160,000
9/13/05: $185,000
7/18/06: $183,000
8/24/09: $34,125

no lie; I'm not missing a "1" on the 8/24/09 sale....that's how bad things are in the phoenix market
thats less than a Subaru!
__________________
Up next: beer
Fermenting: beer
Conditioning: and more beer

Total gallons in 2012: 10

 
Reply With Quote
Old 10-07-2009, 05:12 AM   #20
AZ_IPA
PKU
HBT_LIFETIMESUPPORTER.png
 
AZ_IPA's Avatar
Recipes 
 
Jun 2008
The Cold Part of AZ
Posts: 53,570
Liked 9065 Times on 7218 Posts


Quote:
Originally Posted by MBasile View Post
thats less than a Subaru!
and it's happening all over Phoenix -just go to azcentral.com and click on the house sale thing, and pick a zipcode...

mine is 85345.

look at sales in 2006 compared to 2009 - it's scary.....

but helicopter benny says the recession is over....

 
Reply With Quote
Reply
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
Yaaay Getting a new Dehydrator for my Bday thataintchicken Cooking & Pairing 10 07-30-2013 12:17 PM
Condo Smoking 101 Brewtopia Cooking & Pairing 15 05-19-2012 02:26 AM
I learned a valuable lesson today..... Nooby Beginners Beer Brewing Forum 16 01-25-2009 03:42 PM
All Grain Condo Brewing 101 Brewtopia Home Brewing Photo Forum 23 01-10-2008 05:16 PM
I learned a valuable lesson yesterday mcsewnab General Beer Discussion 5 12-18-2006 10:59 PM


Forum Jump