Comments on: Is the federal government playing puppetmaster with your house price? Are they in cahoots with house value sites? http://www.myinvestingblog.com/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/ Teach Your Money To Think! Sun, 12 Feb 2012 04:11:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Pete @ biblemoneymatters http://www.myinvestingblog.com/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-655 Pete @ biblemoneymatters Tue, 19 Feb 2008 15:39:43 +0000 http://myinvestingblog.com/2008/02/15/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-655 We bought our house in 2006 right before the bubble burst. Since then our house has dropped in value. We've lost about 25,000 in equity. This past week I checked the value on some of the home sites, and our value had dropped ever further on some of them in the past few weeks. I tend to take those home value sites with a grain of salt though, they never seem to be quite right in our area. For example, several of our neighbors houses are EXACTLY the same, and their valuation on one of the home sites was 80,000 more. For no discernable reason. Go figure. We bought our house in 2006 right before the bubble burst. Since then our house has dropped in value. We’ve lost about 25,000 in equity. This past week I checked the value on some of the home sites, and our value had dropped ever further on some of them in the past few weeks. I tend to take those home value sites with a grain of salt though, they never seem to be quite right in our area. For example, several of our neighbors houses are EXACTLY the same, and their valuation on one of the home sites was 80,000 more. For no discernable reason. Go figure.

]]> By: Hanks Weekly Hangouts #17 (February 16, 2008) - My Investing Blog http://www.myinvestingblog.com/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-652 Hanks Weekly Hangouts #17 (February 16, 2008) - My Investing Blog Sat, 16 Feb 2008 08:13:42 +0000 http://myinvestingblog.com/2008/02/15/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-652 [...] Weekly Hangouts #17 (February 16, 2008) Add Photo by: Aaron WagnerSo I made it through my own personal conspiracy theory this week; got a few inches closer to whipping up the new blog design from Jon @ [...] [...] Weekly Hangouts #17 (February 16, 2008) Add Photo by: Aaron WagnerSo I made it through my own personal conspiracy theory this week; got a few inches closer to whipping up the new blog design from Jon @ [...]

]]> By: House Value http://www.myinvestingblog.com/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-656 House Value Fri, 15 Feb 2008 20:22:50 +0000 http://myinvestingblog.com/2008/02/15/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-656 ALl online sites that provide estimations are just that, estimations. YOu have to talk to a real estate agent if you want a real value for your house. I dont care if my house value is giong through the roof, or falling like a rock until I talk to a professional. Allllthough those sites are fun to look at :) ALl online sites that provide estimations are just that, estimations. YOu have to talk to a real estate agent if you want a real value for your house. I dont care if my house value is giong through the roof, or falling like a rock until I talk to a professional. Allllthough those sites are fun to look at :)

]]> By: hank http://www.myinvestingblog.com/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-653 hank Fri, 15 Feb 2008 17:07:39 +0000 http://myinvestingblog.com/2008/02/15/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-653 Hey Cindy - I hear you. Everything IS dropping like a rock and my house WAS dropping for months, but for whatever reason bumped up 25k on all the "home value" sites out there this month; hence this "conspiracy theory" post. I also know a lot of folks that are upside down on their mortgage (house is worth less than what they owe), but starting this month I wonder just IF it could be possible they'd try this out to spark some more interest in buying, not just in the US, but worldwide... Thanks for the note! Hey Cindy – I hear you. Everything IS dropping like a rock and my house WAS dropping for months, but for whatever reason bumped up 25k on all the “home value” sites out there this month; hence this “conspiracy theory” post.

I also know a lot of folks that are upside down on their mortgage (house is worth less than what they owe), but starting this month I wonder just IF it could be possible they’d try this out to spark some more interest in buying, not just in the US, but worldwide…

Thanks for the note!

]]> By: Cindy S http://www.myinvestingblog.com/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-654 Cindy S Fri, 15 Feb 2008 12:17:41 +0000 http://myinvestingblog.com/2008/02/15/is-the-federal-government-playing-puppetmaster-with-your-house-price-are-they-in-cahoots-with-house-value-sites/#comment-654 If your home value is actually going up, you are one of the few very lucky ones. With short sales and foreclosures, most home values are dropping like the proverbial rock. I know several lenders and one of the biggest problems right now is that appraisals are coming in low on both purchases and refinances. In a lot of cases for less than they owe on them. If your home value is actually going up, you are one of the few very lucky ones. With short sales and foreclosures, most home values are dropping like the proverbial rock. I know several lenders and one of the biggest problems right now is that appraisals are coming in low on both purchases and refinances. In a lot of cases for less than they owe on them.

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