As the market turns sour, many folks are left with mortgages for more than what they can sell their house for... if they can sell it at all! This blog tracks houses on the market and how much the flippers would lose at their current asking price.

Ouch!

Yeah, I've done it twice now over many years and did fine but most people I meet haven't a clue ! Made probably worse now by the recent shows on TV. People don't put the time and research in and think they will get rich. There's a lot more than you think.