Wednesday, February 10, 2010

house under water

About two and a half years ago I sold my house. As that was happening, the real estate market was beginning its collapse, and I was aware of this fact and very nervous. After reading this piece, I just checked zillow.com for an estimate of the current value of my old house. It is probably worth $80,000 to $100,000 less than I sold it for, if not less. I wonder what life would be like for me right now if that sale hadn't gone through. I continue to feel very lucky about how it all worked out. I feel bad for the woman who bought my house, and everyone else whose home is now worth less than they paid for it. What a terrible situation to be in.

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