for $470K in two years 2003

[Eugene]

for $470K in two years

2003 is not pre-bubble. Wait for 2001 of better yet, 2000 prices

http://www.zillow.com/HomeDetails.htm?zprop=52524071

This guy committed to paying something like $4500/month for a comparable house in 4S Ranch … in 2000.

(He probably got lucky and brought his payment down $1000/month by refinancing in 2003, but that’s beside the point)