02-20-2009, 05:05 PM
If the house was in LA, that means a one-bedroom cottage with no excess land. Simple 3-bedroom ranch houses out here (depending on location) were bid up to the $700,000 range. That was then, this is now!
Now they're at about $375K (in better middle class locations) and still haven't reached bottom.
Now they're at about $375K (in better middle class locations) and still haven't reached bottom.