Ugg, we bought ours 5 years ago. It's worth 50k less. Luckily we got a renter and we're hoping to hold onto it until the market improves and some of our neighbors sell theirs. There are just too many on the market right now at rock bottom prices for us to sell it.The market is definitely crazy. Luckly for me I bought my condo 4 years ago and would still be able to walk away with 15-20k in my pocket if I were to sell it now, which is more than I put down on it.