I lost more in home value last year than I paid for my FJ
Ouch!!! I bought a house near Orlando last year for just under $200K. According to Zillow I've lost almost 20% of my home's value since then! That a decrease of ~$40K, more than I paid for my favorite toy.
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'07 Sun Fusion Yellow FJC, 17" Alloy wheels and stock Dunlops, Predator style step/rock rails, roof rack, leather seats and rubber floor mats.
Additions: USMC tire cover, Red "bling" skid plate and FJ Cruiser decals, Scuba Driver mod, Manik black tail-light guards, Galaxy DX959 CB, Acquired some 16" Taco rims - trying to get some "mudder shoes"
Central Florida area - FLCA #207 http://www.flca.org "Here comes the Coyote!"
Re: I lost more in home value last year than I paid for my FJ
I just looked t my house on zillow.com and my house is worth -1526.15. That means that I would have to pay you to buy my house if I was to sell it. And I live in a pretty well to do neighborhood. Sux man.
__________________ PERFORMANCE: Airaid intake, Gibson Exhaust, Royal Purple Oils LIFT KIT: Toytec/Donahoe Racing 3", Spidertrax spacers EXTERIOR: Rear Tail lite Guards, GoodYear MT tires, AP Sliders, PIAA Headlights/dome lites, Fourtrex, Hi-lift COLOR: Voodoo Blue 4x2 AUDIO: Dice iPod interface INTERIOR: ScanGuage II, Ellis Design Black Handles & Battery Clamp. Littlelite 12" map light W/ Dimmer. My Build:http://www.fjcruiserforums.com/forum...shockwave.html
Re: I lost more in home value last year than I paid for my FJ
Although it's not guaranteed accurate, and you have to look past all the ads n stuff, I've found Zillow to be within 5-10% of actualt comps in the 2 areas where I've been involved in home buying / selling. My own home in central Florida and my Mom's home in N. Dallas area. At least the values went up a little bit in N.DFW locations.
Anyone wanna buy a 3 br, 2 bath, 2 car garage house in The Colony TX area? lol
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'07 Sun Fusion Yellow FJC, 17" Alloy wheels and stock Dunlops, Predator style step/rock rails, roof rack, leather seats and rubber floor mats.
Additions: USMC tire cover, Red "bling" skid plate and FJ Cruiser decals, Scuba Driver mod, Manik black tail-light guards, Galaxy DX959 CB, Acquired some 16" Taco rims - trying to get some "mudder shoes"
Central Florida area - FLCA #207 http://www.flca.org "Here comes the Coyote!"
Re: I lost more in home value last year than I paid for my FJ
Quote:
FJ FunJunkie previously said:
yup I'ts a buyers market!! I'm gonna buy soon and make mo money
So .... by waiting to buy you have saved enough to offset what you spent on the FJ huh? Thats a great justification for more mod-money!
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'07 Sun Fusion Yellow FJC, 17" Alloy wheels and stock Dunlops, Predator style step/rock rails, roof rack, leather seats and rubber floor mats.
Additions: USMC tire cover, Red "bling" skid plate and FJ Cruiser decals, Scuba Driver mod, Manik black tail-light guards, Galaxy DX959 CB, Acquired some 16" Taco rims - trying to get some "mudder shoes"
Central Florida area - FLCA #207 http://www.flca.org "Here comes the Coyote!"
Re: I lost more in home value last year than I paid for my FJ
CNNMoney just did a page on best markets in the US and B'ham AL was 3rd best. Up 2.9% last year. Our market is holding firm. I would be pissed if mine droped 20%.
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-Edward-
I'm not married I just know a woman who would be really pissed if she heard me say that.
Re: I lost more in home value last year than I paid for my FJ
I was in Real Estate in the Seattle market for many years. In the Pacific North West Zillow.com can be 20-40% off. Unless you live in an area where the tax records are kept VERY UP TO DATE, zillow.com will be wrong. Only by looking on a real estate site and comparing your home to others in your area will you get an accurate value.
If you really want to know what the market value is, contact a couple of local experienced Realtors(not a newbie) and have them do a market evaluation. It should be free, and then afterwards you can just let them know you have changed your mind.
__________________ ~Jenifer~
Baby Chewey arrived on May 22. Went through two deliveries to get one beautiful baby. People always say I'm an over achiever!!!
Re: I lost more in home value last year than I paid for my FJ
by my estimates, my house has lost around 100K (~20%) since its peak in 2006. fortunately, i bought in 2002. although, for selfish reasons, i'm rooting for housing to continue to tank in my area so we can move up to a larger house, and use our existing one as rental/income property.
Re: I lost more in home value last year than I paid for my FJ
The market is bad all over being from Michigan we have no choice but to hold out for a recovery. We are fortunate in the fact that we both have decent jobs. Reality is despite the stock market you will do better putting your extra money into a 401K than housing. The days of those $100 Grand bumps in home values are gone for awhile.
I look at the long term tax deductions, and the fact that we enjoy our home. That is going to have to do for now.
That a decrease of ~$40K, more than I paid for my favorite toy. 
I'm a pretty straightforward guy as long as I'm not BS'n ya
PERFORMANCE: Airaid intake, Gibson Exhaust, Royal Purple Oils
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