[itsoktocry]

>Then in 2008 it was magically worth only $125K after being appraised a year earlier for 350K.

And what's it worth today? What is the average annual price appreciation since you bought it?

Watching "home value" month-to-month is pointless.

[josefresco]

According to Zillow $429K. Of course, what it's "worth" today vs. tomorrow is the issue here. It's the same condo with (seemingly) no improvements. The increase in value is 100% market driven. $429K could be $215K tomorrow.

As far as your "month to month" comment - I'm not a real estate investor. Just a guy, with a growing family who went to sell his house in 2008 and was told it was worth less than half of what I paid. It was a setback, we survived, we were fortunate.