The Other Side, Daily Republic 4-30-09
Foreclosures more than just losing a home By Kelvin Wade | | April 30, 2009 14:06 Last week, according to Realtytrac Inc., Fairfield is among the top 10 highest foreclosure rates in the country. In Fairfield, the American Dream has truly become a nightmare for too many residents. After our mother passed away in 2006, we put the Wade family home on the market. It sold in February 2007. I haven't been by to the old neighborhood in a while but with the bottom falling out of the housing market, I wanted to see what our old home was now worth. So I pulled up a Web site online and typed in the address. We'd purchased the house on Davis Drive back in June of 1976 for $39,000. It was the first house our parents had ever purchased, having lived in Navy housing until that point. When we first visited the house, it was just a wooden frame on a slab of concrete. Most of the subdivision was still nothing but dirt fields filled with jackrabbits. It was a 1,618 square-foot, fou...