Quote:
Originally Posted by onewhippedpuppy
That's just so weird. We've had several houses sell in our small neighborhood this year, only a few months on the market, and for good prices. Foreclosures are still pretty rare. I know that the crisis is real, but it's like two different worlds.
Of course, decades of 6% appreciation doesn't lead to any housing bubbles to pop.
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I'm sure if you go to the "wrong side of the tracks" in Witchita you'll find plenty of FC's. Also more in any of the new construction areas on the outskirts of town. Pretty much true anywhere, that's where the marginal borrowers were concentrated.