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Sunday, March 22, 2009

Escondido House: Over 80% Off Peak Price

by Calculated Risk on 3/22/2009 11:12:00 AM

From Zach Fox at the North County Times: From half a million to under $100K

This two-bedroom, two-bath house was built in 1979 and has 1,230 square feet of living space.
Deal of the Week Click on photo for larger image in new window.

Photo by Jamie Scott Lytle, North County Times Staff photographer

September 2005: $469,000

December 2008: $91,000 (foreclosure)

Why did someone pay $469,000 for this house in 2005? Amazing.