"Short Wave Sportfishing" wrote in message
news

Ah - I understand now. Let me go look.

Hmmm - that's interesting. The house peaked about 4 months ago at
$250K and it's now $224K which I expected, but as I remember it it was
$265 back then.

You know what they may have done is readjust the historical data to
reflect actual market conditions at that time. To tell the truth,
that house was never worth $250K. It does have a high assessment
because it's an unusual house lot - the apartments are huge - the
total house is like 2,780 square feet.

The house we're living in now peaked at $450K - it's now down about
$385K. - which is kind of bogus - the land is worth more than the
house. :)

Interesting times - interesting times.



It is. I also agree, I think Zillow had everything overvalued for several
years.
No big deal. Eventually this whole mess will straighten itself out, along
with inflation, consumer prices and income.
The result will be an overall "correction" for the phony valuations over the
last couple of years and the economy will stabilize.

I hope.

Eisboch