The crazy thing is life is just going on as normal. Not sure what you guys are seeing but only some neighborhoods are really wracked by foreclosures. There is a city near Minneapolis that tried to make the banks fix the houses up before they could be sold and destroyed their local market. I grew up in this neighborhood so I know the history. This house was built in 76 or so for 50k and went through 225k around 2005. I made an offer of 65k and am waiting to hear. How crazy is that?
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