Taking A Bath With Mr Housing Bubble

Well, it’s official, the house in El Dorado Hills has sold. Escrow has closed. The check is in the mail. Thus endeth that chapter. Man, it was brief. It’s overwhelming to imagine that we moved 4 times in 9 months. Wasn’t that fun? Uhhh, not so much. And although we took a modest bath on the sale due to having placed it on the market is pretty much the worst time of the year, and not having had even 6 months of appreciation on it, in the end it’s looking like we’ll lose about the same amount of money we’d have spent if we’d rented a really nice home in the Bay Area. So… lesson learned. Time to start stashing away the next down payment.