Selling your home at a loss
If there's one assumption about homeownership that was pretty universal before this decade, it's that you'll at least equal your purchase price when you sell. Now, though, many aren't managing that.
In the Baltimore metro area, more than a third of homes bought this decade and resold in the first half of this year went for less than the sellers originally paid for the property. That's not counting closing costs at either end, mind you.
I crunched data from the state Department of Assessments and Taxation to put together this analysis of resold homes. You can read the full story about selling at a loss here.
Did you sell a home for less or buy a home in this category? Share your tale.
Here's one couple's story: