Mountain House, Calif., in which more than 90 percent of owners owed more than their house was worth in 2008, is feeling less glum these days -- you can tell by the Little League participation, which has gone from 178 to 220 kids in a year. More importantly, the bidding war has returned to the real estate scene, with one family jostling with 12 others for a $299,000 5-bedroom home. (They lost, and the house eventually went for 30 percent above asking.) The exurb: It's not dead yet! View post at Curbed.com. Copyright (c) 2009 Curbed.com LLC *** What's your opinion? Leave your comments below or send a letter to the editor. ...
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