Comments on: Poll: How Has the Value of Your Home Held Up Over the Past Couple Years?

By: Drew

Drew — Thu, 21 Aug 2008 14:39:14 +0000

The map looks a bit misleading, in my opinion. If it is trying to show where areas are losing value, it should break the no change and losing value into two separate colors.

By: Sean

Sean — Mon, 18 Aug 2008 16:55:35 +0000

Probably even, or up marginally. Hard to say. The outcomes are more volatile than in 2005. Some houses sell for more than they did a few years ago. Some sell on the first day. But others that start out high or maybe are not fixed up, can sit on the market for a long time. So whether we have an increase or a decrease in my “lightest orange” region might vary among sellers, depending on their situation.

By: Credit Card Balance Transfer @ The Carnival

Credit Card Balance Transfer @ The Carnival — Sun, 17 Aug 2008 16:06:02 +0000

[...] X Finance takes a poll: how has the value of your home held up over the past couple of [...]

By: Amy

Amy — Fri, 15 Aug 2008 16:58:36 +0000

I also live in Southwest MI, in the Gull Lake area, and out house value has gone up despite the fact that we purchased right before the bubble burst like you did. I have to admit we got a wonderful deal on the house, during the time we were looking houses like the one we got were about $20,000 out of our price range. I was checking for any houses as they came on the market daily and made an offer on this house within two weeks of it being on the market. Now it’s worth about $40,000 more than we paid for it with only minor improvements and some landscaping.

By: Lessons Learned, Link Love, and other alliteration » The Penny Saved

Lessons Learned, Link Love, and other alliteration » The Penny Saved — Fri, 15 Aug 2008 16:57:09 +0000

[...] at Gen X finance talks about something that hits home for me: how has the value of your house held up? Ive had my house swing about 40k total in worth in the past few years. First way up then way [...]

By: Scott @ The Passive Dad

Scott @ The Passive Dad — Fri, 15 Aug 2008 04:04:12 +0000

Home prices are stabilizing in some parts of the San Francisco Bay area, but we continue to see neighborhoods that have short sales and foreclosures. These homes can decimate an area, not just bring down values, but crush them. It can take a few months, but once that short sale or foreclosure gets sold, housing bounces back. We’ve seen it several times in our neighborhood. Banks just want to unload properties and will take a $50k-$100k in a solid neighborhood. Doesn’t make sense, but it’s happening. Once that home is gone, prices seem to pick-up again.
Right now we have a short sale in our neighborhood and we all want it gone. The realty company doesn’t market the house, nor do they put any money fixing easy items like landscaping. Just frustrating!

By: Four Pillars

Four Pillars — Fri, 15 Aug 2008 00:18:14 +0000

Prices are still going up in Toronto where I live.

By: jim of Blueprint for Financial Prosperity

jim of Blueprint for Financial Prosperity — Thu, 14 Aug 2008 20:01:07 +0000

Our home’s value, according to perfunctory research on local RE sites, has kept up with inflation, or a little under, which is OK. The only negative is that we’ve put in $10k+ in renovations in (new roof, all new windows and sliding doors), so in a sense it’s gone down from a total cost perspective.

By: Andy

Andy — Thu, 14 Aug 2008 19:48:41 +0000

We paid $125,000 for our home in 2002. In 2006 we were offered $350,000 for it even though it wasn’t for sale. We passed. Today it is worth just over $200,000. It’s still not for sale, but sometimes I just kick myself for not selling back than.

By: HF Markets - Online Trading

HF Markets - Online Trading — Thu, 14 Aug 2008 18:22:53 +0000

We live in Switzerland and it is odd that the credit cruch seems to have passed us by, for now. The value of our house hasn’t moved in the last year… Guess that is beacause most people rent here and buying a house is not really the norm.