[SeekAndFind]

RE: I live in Maricopa, Arizona, where Bristol Palin just bought a house for $172,000 cash

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I read that that property originally was priced at over $300,000 what the heck happened?

[t-dude]

I read that that property originally was priced at over $300,000 what the heck happened?

Seriously? You missed the news about the housing market crash? This is what that looks like...housing values drop. A lot. It destroys people.

And before anyone blames Bristol for exploiting someone's hardship, you should know, the house went into foreclosure, was purchased by investors who spruced it up a bit and sold it to her at a profit (to the investors.)

[Prince of Space]

Arizona got hit hard by the housing debacle. My daughter lives 4 houses away from me...she bought her house in 2007 for $198,000; it's now worth $115,000.

Mrs. Prince of Space