patrick.net

tvgnus says

Homeowners becoming equity-rich

This is another reason why a housing crash is unlikely.

There's always a crash.

Zillow says my house is back to December 2007 levels.
I bought at $160 in 2010, now Zilllow says it's worth $260

I would be tickled pink if the market crashed and my house was only worth $69K.
I plan on paying the bitch off in a couple of years, and would love the idea of a few hunderd dollars a year on property taxes.

Tenpoundbass says

Zillow says my house is back to December 2007 levels.

I wouldn't rely on Zillow for value. Check the comps.

Tenpoundbass says

I plan on paying the bitch off in a couple of years, and would love the idea of a few hunderd dollars a year on property taxes.

Way to go.

beside the bay area, no place has reached bubble level yet. some major cities are still pretty good investment opportunities.

http://www.economist.com/blogs/graphicdetail/2016/08/daily-chart-20

chances we are not going to see 2009 price level for a few more decades.