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Re: Home Prices in U.S. Increased by Most Since 2006 in May

By: clo in FFFT | Recommend this post (0)
Wed, 31 Jul 13 8:45 PM | 60 view(s)
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Msg. 54707 of 65535
(This msg. is a reply to 54692 by ribit)

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ribit,

The question is, what year did he buy it & what did he pay then?

He could have paid $25,000 in 1970, giving him a profit of $210,000....

Besides, he could have sold it in 2009, he had choices ;))




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The above is a reply to the following message:
Re: Home Prices in U.S. Increased by Most Since 2006 in May
By: ribit
in FFFT
Wed, 31 Jul 13 6:24 PM
Msg. 54692 of 65535

ocu
...my brother in law just sold a house that appraised for a tad over half a million in 2009. He got $235,000 for it.


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