1232 Iola Street, Aurora, If only I had waited

This poor flipper is feeling the floor fall out from under him/her.
They thought they got a sweet deal when they paid $160,900, 09/30/2005
740sf w/ 740sf finished basement, 1 car carport
Lets see what the street is doing;
1248 Iola $124,900, 10/26/2006 clone
1245 Iola $150,000, 10/30/2006, 1,150sf, $9,000 kick backs
1224 Iola $96,900, 01/31/2007 clone
1165 Iola $61,500, 08/02/2007 clone
1156 Iola $99,000, 02/05/2007 1,053sf
my favorite qoute today;
"without all the exotic and toxic loans who is going to buy all these MILLIONS of foreclosed homes?"