If folks spent half as much time on their marriage as they did worrying about a pre-nup, the divorce rate in this country would dramatically go down. 

This would change the figure dramatically which is a good starting point and more accurate reflection of the value of the asset.

People are fickle and dramatic - both sexes @John Underwood.

So, even in cases where rates rose dramatically, the odds were still better than 50% that they coincided with rising house prices.

Portland area values down 10% last year.Since they are the only insurer giving earthquake ins to older homes, that is the breaks.Are you experiencing dramatic insurance increases as of late?

The difference in the quality of tenants between what you get with a cleaned-up version of the place you describe and a place that is a bit nicer than anything around is dramatic, in our experience. 

I think the bullet holes in your property comment might be over dramatizing it.

I could easily consolidate a loan or 2 or extend my mortgages for longer times and drop my payments pretty dramatically. 

We see this on the other side with 315/Olentangy River causing a dramatic culture difference in more suburban living in Grandview vs more walkable and urban short north.

@Bob Okenwa@Patrick Kaiser Thanks for the thoughtful replies.Bob, it appears that PHX has dramatically improved it's economic diversity as measured by the Hachman Index (below).