False, a 10% increase in CA would give you the 100k, The market now has multiple offers and people are bidding more than the asking price again
Bullshit...How are you calculating your math and what are you basing it on? How does 10% = 100K??
Ca's housing market is horrid, plain and simple. One of the worst states to own a house for the lower-upper middle class. I didn't say that 90% was dead on balls accurate because the number is probably higher.
It's a buyer's market in nearly every state becuse values continue to depreciate due to crazy amounts of short sales and foreclosures. From the homeowner's point of view, why continue to dump thousands of dollars in interest every month into a depreciating asset that you never intended to live in, long-term?