The American Dream, Before and After

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Here, from a Google Street View photo take just a few years ago, is a portrait of the American dream:

Before

And here, after eight re-financings, a shiny SUV and a boat, followed by a bank failure then a Fannie Mae foreclosure, is the home for sale now:

After

The topiary and rose bushes are dead. The garden flamingos and the Virgin Mary statue have left for a better world. Inside the home looks abandoned, and the ceiling is supported by a bare 2×4.

What people don’t notice about falling home prices is that what’s falling isn’t just prices but, on a national and tragic scale,  the actual quality of where we live, too.

(First noticed by Nirad on Redfin’s Los Angeles forums)

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glenn-kelmanredfin-com

Chief Executive Officer

Glenn is the CEO of Redfin. Prior to joining Redfin, he was a co-founder of Plumtree Software, a Sequoia-backed, publicly traded company that created the enterprise portal software market. Glenn was raised in Seattle and graduated from the University of California, Berkeley. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.

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