Name: Taylor and Isabella Crockett
Location: Central Phoenix, Arizona
Size: 1,200 square feet
Years lived in: 9 Months; Owned
While the housing market in Phoenix was one of the first to crash, it's also been the first to rebound. Before the first quarter of 2012, if you were quicker than the investors, you could snag a foreclosed home in an historic neighborhood for less than $100,000. Unfortunately, most of the options were limited to either a house in need of considerable repair, or a flipped house with a new, yet hideous interior. When Taylor started looking for a house around this time, she thought she chose one settled squarely in the middle of those two options. Some aesthetic problems needed to be addressed, and perhaps a few structural repairs here and there, but ultimately she figured she'd be able to live in the house while slowly completing projects. In reality, the problems were so extensive that it would take 11 months of work before moving herself and her daughter into the home.