Industry NewsMarkets & Economy

Signs of life in 2008’s worst-off city

From blog
Published on Mar 25, 2009

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 Copyright (c) 2009 LLC *** What's your opinion? Leave your comments below or send a letter to the editor. ...