Quick DU poll of house prices for DU home owners.

[femmedem]

7. Ours was appraised for about $160,000. We bought it for $127,000 and it might be worth $85,000 now.

We were pretty certain a crash was about to hit, but because we bought directly from the owner for so much under the appraised value, we didn't think we'd end up under water.

But we'd do it again. We love living here--we walk to work, we have great neighbors, it's a lovely, although modest, Greek Revival house from the 1850's--and we've paid it down now to the point where we probably owe about as much as it's worth, so we'd be able to sell it if we needed to.