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Home › Forums › Housing › Incredible NAR Survey › 280 x 3 = 840. Tripling.

July 22, 2006 at 12:20 PM #29278
powayseller
Participant

280 x 3 = 840. Tripling.

The new number is 840, an increase of 300%.

The difference, or the equity gained, is 560 or 200%.

zillow uses the former, since they show the market value of the home over time. In this case, a home that moved from 400K to $1.16m went up not 190%, but rather 269%.

Thanks for checking my math. Sometimes I make mistakes.