K kinggyppo May 2, 2008 #51 Quote from lasner: All right so two and a half years ago I bet my friend his house would drop in value 40%. He lives in Wilmington, Delaware. The values there rose pretty high....I think about 50%. Well the national average decline in home prices is around 13%. Every major area has been hit and they are calling for no end in site. Prices could drop another 25%. read this article http://money.cnn.com/2008/04/29/real_estate/housing_price_fall_deepens/index.htm?ref=patrick.net Get this he claims his house has appreciated 7%. I don't think I have to say anything else.....give me your feedback please. More... define the terms of the bet. Also what criteria are you using here, zillow, an appraisal, median home values?
Quote from lasner: All right so two and a half years ago I bet my friend his house would drop in value 40%. He lives in Wilmington, Delaware. The values there rose pretty high....I think about 50%. Well the national average decline in home prices is around 13%. Every major area has been hit and they are calling for no end in site. Prices could drop another 25%. read this article http://money.cnn.com/2008/04/29/real_estate/housing_price_fall_deepens/index.htm?ref=patrick.net Get this he claims his house has appreciated 7%. I don't think I have to say anything else.....give me your feedback please. More... define the terms of the bet. Also what criteria are you using here, zillow, an appraisal, median home values?
L lasner May 2, 2008 #52 Quote from kinggyppo: define the terms of the bet. Also what criteria are you using here, zillow, an appraisal, median home values? More... It was a joking bet....we were just kidding around. Two and a half years ago I kept telling him to sell his house and take his profit because real estate was headed for a huge correction. He kept saying and still says that real estate won't correct.
Quote from kinggyppo: define the terms of the bet. Also what criteria are you using here, zillow, an appraisal, median home values? More... It was a joking bet....we were just kidding around. Two and a half years ago I kept telling him to sell his house and take his profit because real estate was headed for a huge correction. He kept saying and still says that real estate won't correct.
P PohPoh May 2, 2008 #53 Quote from ElCubano: funny isnt it....they pay to call someone "MORON" ..while its free to you and I.... Baron; you are way too smart homey... More... HAHAHHAHAHA...
Quote from ElCubano: funny isnt it....they pay to call someone "MORON" ..while its free to you and I.... Baron; you are way too smart homey... More... HAHAHHAHAHA...
