Comments by "worn down" (@worndown8280) on "FED Admits SHARP Home Price Drops Coming" video.

  1. People need to understand how bad these cuts can get. I bought a home in Dec 2007 from DR Horton in California. It was listed for 535k, it was marked down to 505k. When I bought it I walked out of the office paying 280k. A year later my house was worth less than I paid for it. But I was happy. If math is hard for some, thats a 48% price cut. My house "bottomed out" at $187,000, thats a 66% price drop from original listing price.
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  2. respectfully, you need a new "realator". Shes more interested in getting a pay check than making sure you are in the right and appropriate home. Shes a pig. And pigs always get slaughtered. There are good realtors out there. You just need to vet them.
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  3.  @ryanbianchi6582  you are right, it was 65%, I rounded the wrong way. We all make mistakes. But my point remains, math is hard for some. Good catch.
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