No. of Recommendations: 2
Buying a house in Las Vegas, NV, in October 2007. Two years later (approx. -- I can't remember when the value was at its lowest. My budget notes are too tear-stained.)

Loss of over 40% of the sales value, while I was sleeping in it. Two refinances later, and now a planned (strategic) short sale by the end of the year, has me hoping I can get out of this "investment" essentially even (with the bonus of living in it for 6 years). I will be completely debt-free!

But homeless and looking for a single-level, 3 bed, 2 bath, rental.
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