+$50K SF condo (2005)
-$65K or more Cola low income SFR (tax sold 2010)
~0 Cary townhouse (2007)
~0 incuding upgrades costs Cary townhouse (2008)
-6K* Charlotte house (according to tax assessment)
+-* unknown Charlotte land
* Unrealized loss or gain.
I worked with another person who was down $100K* on each of his Tampa condos. Looking back at mine I was right to sell as the SF will not go up near term as much as other investments could, the Cola low income neighborhood will continue to fall (think Detroit), and Cary will appreciate slowly. I actually suspect Charlotte will appreciate more rapidly than the rest of the USA.
+$50K SF condo (2005)
-$65K or more Cola low income SFR (tax sold 2010)
~0 Cary townhouse (2007)
~0 incuding upgrades costs Cary townhouse (2008)
-6K* Charlotte house (according to tax assessment)
+-* unknown Charlotte land
* Unrealized loss or gain.
I worked with another person who was down $100K* on each of his Tampa condos. Looking back at mine I was right to sell as the SF will not go up near term as much as other investments could, the Cola low income neighborhood will continue to fall (think Detroit), and Cary will appreciate slowly. I actually suspect Charlotte will appreciate more rapidly than the rest of the USA.