Recent CMA
We too purchased in Nov '07 and I recently had my realtor do an informal CMA in August. At that time it appeared as though most similar homes were selling at about 5%-6% lower (and a few higher)than we purchased for. Probably not too bad all things considered.
Unfortunately, given recent events I'm not confident that the bottom has been reached, it may be just the beginning.
However, we don't plan to be moving any time soon either, so lay in the supplies and hunker down.
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