The sale price for that house reflects a few circumstances including he took a job elsewhere and a relocation bailed him out so he probably didn’t take a loss. It also fell out of escrow at least once at a higher price when the buyers wife flat out refused to move from the Bay Area after they had been in escrow 20 days. The seller kept the deposit. I would estimate you could have gotten $1.25 for that house this spring.

Regardless it wasn’t too bright to buy at that price unless you intended on staying a long time OR maybe the other job offer was so great that it didn’t matter. Everyone has different motivations.