re: This crazy real estate market

quote:

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Just sold our rental house. 100k more than what it was purchased for in 2018. 20k over asking price.

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This kills me. We sold our rental in 2018 and broke even. We considered it a win because we had been nailed by the 2008 housing crisis (the year we bought the house).

I know Zillow isn’t the best for estimates, but it used to say $175k for that house when I owned it. Now Zillow says $310k.

We almost held onto it thinking if we held it for five more years, we could sell for a little profit. Didn’t want to risk the maintenance costs eating at our savings.