www.sdpropertypricecontrol.com
Read this little ad I found, thought it was interesting:
Fair Market Value Of White House Drops $23,000,000:
Think your home value is down since 2005? Per estimates, this 16BR/35BA, 55,000 sqft home on 18 acres dropped a not-so-cool $23 million the past year, to a still not-to-be-sneezed-at $308,058,000. Think of the monthly payments! Since you mentioned it... With 20% down and a 30-year 5% mortgage, your monthly payment would run you $1,323,000/month. You might even have to take a second job.
Good thing you can find gorgeous homes similar to this one in Poway with much smaller payments. I feel the real estate market is stabilizing and starting to get its value back.
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