22 of 65
BACKNEXT
Susan Wilson: Shock fall in home value
Buyer, 50, Brighton, Mich.

It wasn't until I was 47 that I bought my first home. A life in retail management made constant moves a way of life. I guess it was a dream home, made possible by an inheritance after the passing of both of my parents.

Things change and we need to sell our house in Michigan, which is now worth much less than what we paid for it. My partner and I have been living apart for six month and a daily phone call keeps our lives connected in a manner that used to take place at the dinner table.

We are selling because the majority bread winner has had an excellent opportunity in Wisconsin. We were lucky to have enough to buy a condominium there. What happens if the 22 months of inventory of houses in Michigan never improves? Every day I ask myself, how much will we lose on the house?

NEXT: Michael Landis: A second job to pay the bills
Last updated November 15 2009: 6:21 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
This is what the world will look like in 2045 Futurists and technologists project a half century of biotech innovation and new technology--even immortality. More
Tech is at a tipping point As smartphones replace dumb phones and tablets surpass laptops, the world is shifting to a more mobile world this year -- and it's not looking back. More
How I found a job after graduation These seven recent college grads bucked recent employment trends and landed great jobs after graduation. Here's how they did it. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.