Tuesday, November 11, 2008

Things are tough all over!

Home values in Zipcode 90210 have fallen 3.10% this year.

That is a lot less of a decline that many places.

But the home values are so high that -3.10% is still lots of money

With the average price of a home in 90210 at $2,930,000, the average decline is about 90K -- the price of a good Mercedes. I feel so sorry for those folks!

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