Home Ownership

[Gatordash]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

fuuuuuck yeaaaaa economic craaaaasshhh!!!

Its just a poll so you never know. Here in Las Vegas mid range homes seem to be 200-300k overpriced imo. I refinanced my 3bd 3ba home a few months ago and they appraised it at 2.5x what I bought it for. My house is definitely not worth what the appraisal is. If you haven't been paying rent/mortgage then you've had almost 2 years to figure out what you're going to do. If the market does crash, then the people I really feel bad for are the ones who bought homes in the past 2 years. Paying mortgage on a 900k house that is now worth 600k would be hell.