Tuesday, June 28, 2011

My House's Value Has Dropped...

...over $15,000 in the past 30 days as per Zillow.com! Ouch. It is down in value about $110,000 since 2007. Ouch again. Still though, to think it dropped 15 grand in a month is humbling and scary. So much for being out of the recession, well that is what they (our fearless & clueless leaders) have been saying in DC for quite some time now. Funny it sure does not seem like we are out of it.

All the best,
GB

6 comments:

Humble wife said...

I don't even know what to say. Seems like I recall you paid the house off a few years ago...

HOLY TOLEDO. That's what I think!!

Anonymous said...

Worry about the value of your house when you want to sell, no before.

Glenn B said...

I am not really worried about the value of my house, it will maintain a value comparable to others in the market no matter how the market goes. I am concerned, even worrried, about the economy in which property values keep falling while the politicians tell us the recession is over.

All the best,
GB

Humble wife said...

I just checked mine on that site. I am not sure how accurate that site is, but my home value has gone up 47,000 since 2007 when we closed on the home.

We do live near 2 military installations though. Dont know...

Glenn B said...

Good for you. Maybe due to improvements?

Humble wife said...

Glenn-we have done a good deal of simple work. But not this much...not that we are selling. Love my front view far too much.

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