Dan...the answer to your question is that it depends! Location and condition play a significant role in the market value of a property. Our marketplace hasn't seen the declines advertised in the national media, however we have seen a slowing in appreciation. Considering an average home in good condition home values today would be the equivalent to 06/07 values. Assuming 3% average appreciation and recent market fluctuation a home priced at $150,000 in 04 would market at approximately $155-$160K today. Hope that answers your question!