[quote=92126_guy]So my house was worth approx. 600k at the time and I bought in mid 500’s. [/quote]
Just an FYI, a property is generally worth what you pay for it, no more or less. You got it for mid-500’s, so that’s what it was worth at the time, regardless of agent claims and appraisals.
At a wild, fairly educated guess, I believe your place and comps will see the mid-to-high 200’s in the next few years, and several more years after that to recover SOME of what you paid. Don’t expect to see $500k again for a very long time.
