I bought it for $610k, it did continue up for another 10 months after that – a neighbor bought her’s (same floor plan) for $675k. When I say it is now down by $20k that is looking at the price on zillow.com as well as the price that a neighbor’s house is now selling for and it comparing to the price I paid, not the price it was at the peak.
You’ve given me really good information, thank you. Your item 7 though…what is a nonrecourse mortgage?
And, I really don’t want a new BMW! I am a fairly non-materialistic person — you’re right in that I was in that neighborhood for the good school.
