Watching the show My House is Worth What makes me chuckle. At the time it was filmed a $1 into your house got you $3 back due to over-inflated appreciation.
These days most people would be happy not to have lost money, let alone make money. Oh how I long for the glory days.
Monday, December 15, 2008
My House is Worth What
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3 comments:
No words of wisdom... Just saying I hear you and that sucks.
Hopefully you guys are doing okay and will meet your renovation goals by the time the appraisal happens.
Sending good thoughts!
I'm old enough to have seen two downturns, when everyone was panicked about losing money on real estate. As long as you don't get yourself in a position where you HAVE to sell in a down market, it will come back. It's just nerve wracking in the meantime.
Total dinner watching guilty pleasure around our rowhouse.
"That horribly designed master bath behemoth? They can expect a $50k return on that."
Right...after they charge someone rent to live in it.
Cheers.
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