Congrats!

House prices in my neighborhood have dropped about 20% in the past 18 
months.  Personally, I hope they drop another 20%.  I bought at $107,000 
in 1999 by 2005 my house was pushing $375,000 - $400,000 (including the 
remodeling).  Last month a similar house, smaller lot, yet to be 
remodeled (these houses were built in 1950 - 52) went on the market for 
$289,000. It sold within a couple of weeks, I don't know what they got 
for it.  I'd like to buy a rental but the prices are still too high. 
Rent would only cover about half the mortgage, I can't afford that big 
of a difference.  I'm actually looking at rentals in the Dallas / South 
Lake area.



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