Oct 24, 2008

The value of my house appears to be plummeting



I've always said that it's better to read about historic times than to live in them and here's proof. I plugged my address into Zillow.com to see what they had it valued at and it wasn't a pretty sight. It has gone from around $355k to $308k since July. The graph says it all.
For what it's worth, I had the house appraised a couple of years ago (back in the bubble), and the appraisal came close to matching Zillow's numbers.

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