Checked our house on Zillow.com (which I do maybe once a year). Supposedly worth 25% more than we paid for it 5.5 years ago--and that sounds about right. (The dip in housing prices pretty much corrected itself over the past 5 years.) The good news: Our friend who moved to Livermore at the peak is now finally above water and can refinance.
The weird news: Also looked at Trulia. Which says our house is worth nearly 20% more than Zillow says it is. To which, looking at actual recent sales in the neighborhood (which pretty much match the Zillow price), I say the folks at Trulia must have their hands on some seriously good stuff to be that messed up.
- walt crawford
Noting that this is all a little abstract, other than pretty much assuring that our property taxes will keep going up the maximum 2% a year; we both hope to stay in this house until we're carried out on the way to the crematorium.
- walt crawford