sdrealtor,
The Mannions actually bought in December ’03 and put their house on the market in May ’06, where it stayed until Nov ’06.
You say:
“… buy in early 2003 before a huge jump in prices. All their appreciation came in the first 12 months and had they waited even a month or two their return would have been dramtically smaller.”
Hmmmmm, I guess they only got 1 out of those 12 months of dramatic appreciation.
Christina Mannion is an accomplished architect who has been featured in home design books. Considering these are my good friends, I know that she and Mike spent a lot of money and long hours over many weekends improving their 2nd home. Their intelligence and hard work deserve ALL the credit in my opinion.
