I bought a house in bay area when the market was as its peak. Now my house value has gone down by 100k. I feel depressed
I bought a Bob-Burrito from door-to-door salesman 8 years ago for $6, and it's worth nothing now 😭
Made my day.
Thx, can you get me a referral for CEO of Google, plz 🙏
Housing Market is always set to ups and downs unless you decide to sell it now off to actually see the realized loss it’s all unrealized now
You are doomed, sell immediately before it goes down even further. On a serious note, I wish someone teaches kids these days that real estate is a long term investment, stop crying every time market goes a bit down.
Also what "estimate" means. Pulling an estimate off Zillow and Redfin won't get you the "what will someone pay for my house today" estimate.
The market value of your house is only meaningful if you're about to sell it.
That's true too, or if you're unfortunate enough to need to take out a HELOC
Dude, this is why people should avoid leveraging themselves with housing. If it makes you feel any better, chances are very good you'll be fine if you're living in the place for ten years. You should still be better off than renting
Where in Bay it is $100k down
We are down 200k from April
Wow and again where in Bay?
Campbell
Campbell doesn't have good schools so expected. Sorry mate
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I haven’t done shit today!
Are you living the house? If yes..then STFU. If no...then know that real estate is a long term investment. Buy and hold unless you are a professional flipper. And even those guys lose money sometimes