Counting my blessings
Talk about getting out at the right time. If I had waited a few more months to sell my house in Brentwood, I would've been in a world of trouble. The headline of this article says it all: Brentwood the poster child for housing bust. Ouch.
Oh, and just to show you how messed up things are:
In 2003 I paid $349,750 for my house out there
I sold it in 2005 for $540,000
Now it's worth approximately $325,000!
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When I read that article today on SFgate I thought about you and what great timing. You caught the wave perfectly! Sort of a sad story, however. Lots of people hurting. Have you checked your old neighborhood recently?