
We bought our very first home in Virginia back in 2004. It was near the height of the real estate market there in suburban Virginia. It was so stressful buying your first home, let alone competing against at least 10 other people for the same house. We got the house and did basically no upgrades except for painting the kitchen.
Anyway, we heard from our old agent Joe who said our house was back on the market - in foreclosure :-( We sold it for $315,000 and the market has tanked so bad that it is for sale now for $145,000! I can't believe that we made $60,000 on our 11 month investment on that house and today it is worth nothing! I don't know why I'm sad about it. Maybe I'm upset about the color they used to paint the master bedroom.


