Cashman bought that house in 1994 (near the bottom of the last cycle). And in 2005 (near the top of the current cycle), it only appreciated 42% ?
Perhaps he sold it for less than the market price in 2005 ?
Or, he paid too much for in in 1994 ?
Or, perhaps b/c it is in the most expensive neighborhood of a “not-so-expensive” city (Diamond Bar) ?
