I believe I posted this before, but here is reminder just incase someone missed it. If you bought when the market was high like I did, then your home value has probably decreased. I filed the appropriate form with my county, and a couple of months ago I got a reduced tax rate on my house by 53,000, and refund as well. Well just yesterday I got another rate reduction in my taxes by another 59,000.00. So please check into this and save yourself money. And yes my house has dropped 112,000.00 in the last 2 years. They say the housing market here in California will continue to drop for two more years.
I'm really sorry to hear that John. It is the exact opposite up here right now. A good friend of mine has seen his property taxes over double in the last 5 years. The home he bought for $469,000 5 years ago is now worth over $800,000.00. Buying a home in the Greater Vancouver area is out of reach for everyone I know that is not already in the market. Hell, a 2 bedroom condo that is 800 square feet is over 400,000.00 here. Keep going though, it can only get better.
Sucks that the values are dropping but at least you managed to save yourself some good $$, thats certainly a good thing these days. Might pay for a tank of gas or 2. Well mayb .5 seeing as its Cali
It helps to save some money. I take the train now to work. I drive a whole 5.5 miles a day now. Gas is still in the high four dollar range here. Many people here like across the country are struggling with food prices, gas, and trying to maintain there jobs, as our economy is in a tail spin out here. There will be many more home foreclosures here if things don't change for the better soon for California, and the nation.
Sucks to hear man, Im fortunate to live in Houston which is pretty stable atm regaring housing, gas sitting in the high 3s, still got a solid economy going. Hope things pick up soon out there for you
Lucky for me ,we got our house about 14 years ago. my brother bought his about 2 years ago in sacramento and has lost about 100,000.he was just telling me about what you were talking about.my wife and I are buying 20 acres by arnold ca.the prices are much better now than in years past[/IMG]heres a couple pics of the area
I read some place that people in San Diego were buying gas south of the border (tijuana)for 2.25 per gallon. is that bull?had me jealous as heck.
112k is a big hit to take but dont worry too much, historically, the market always stabilizes and will trend back upwards.
Inland Cali? The housing market out here is beginning to stabalize, slowly. Im sure it will make its way out to Cali at some point. After, you know who, gets the **** out, im certain the economy will rebound How did he lose it? Not forclosure I hope.
