Wow, I wish realestat was as cheap as your's used to be. My house is a 1 bedroom, and its valued at $300k right now. I am guessing that you have a 2 maybe 3 bedroom...is it twio stories? Its all relative, in the 80's interest rates hit here 24% and everyone lost. But thats when you could buy a house for $100k...now look at it. I would bet your house that in 5-10 years it will be worth more than 300K. Realestate allways has corections and dips...but you have to remember the dips run for about 3-7 years the rises last 7-12. so it will even out. don't worry.
Phil
