Profile picture for pdiggs

One word comes to mind . Delusional....

Tiny homes like this is at risk of the biggest declines in Southern California - which has already had a nearly 20% haircut with more on the way. It seems until the clueless sellers get out of their dream world and understand that home prices were massively inflated from widespread financial fraud, then these homes will sit and continue losing value. Price you paid in late 2005, $265K , dream price, $350K, realistic listing price $199K. You can sell now, or just sit and watch your "equity" continue to evaporate.
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March 13 2008
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