Has Your Home Value Went Down Due To Somebodys Foreclosure In Your Neighborhood?

@elmiko (6640)
United States
March 8, 2009 5:15am CST
My answer is I don't know about my house as nobody near me has been kicked out of their home.
1 person likes this
4 responses
@Lakota12 (42684)
• United States
8 Mar 09
Not sure if it went down because alot of houses atround us are empty . The value went down when every thing failed.
@Lakota12 (42684)
• United States
8 Mar 09
we now probably owe more than its worth now!
1 person likes this
@elmiko (6640)
• United States
10 Mar 09
hopefully things will get better sooner rather than later
@Lakota12 (42684)
• United States
10 Mar 09
sure hope so!
• United States
9 Mar 09
not that i know of but i wouldnt know who did foreclose and who hasnt since im not one to talk to my neighbors
@elmiko (6640)
• United States
10 Mar 09
thanks for the response
@Thoroughrob (11750)
• United States
9 Mar 09
It has just went down because of the economy. It is sad when our house is not worth as much as we owe.
@elmiko (6640)
• United States
10 Mar 09
yeah
• United States
19 Mar 09
No my home went down in value because of the whole economy picture. We now owe more on our home then it is worth. In fact we owe twice as to what the home is valued at today. I hear we may be able to refinance at the lower rate of interest or get some of the bail out money from the government.