It varies by area certainly, so I thought it would be interesting [[if this has not already been done) to see where you were before, what you owe, and what it is worth today.

We live in south Hazel Park, near the edge of Detroit on a pretty nice street near a school. Two years ago we had a real estate appraisal of our home of $125,000. We owe $92,000. It is now worth probably about $55,000. It is one of the nicest and largest houses on the block, but that hurts as well when there are six empty homes on our one block alone and some of them are going for in the low $20,000s.

It breaks my heart. All my equity gone, and now I basically am a renter from the bank.

We will probably short sell and move soon out of state.

Anyone else?