Quote:
Originally Posted by astrochex
We sold our house in California about 8 years ago to move to Florida. My wife got a notice today from Zillow that the house is up for sale again. The price is 71% higher than when we sold. Almost all the amenities described in the listing are improvements we made to the home. Oh well…
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I know in Florida the Plumeria growing season is twice as long as here in So Cal.
That is the Leverage you lose when you cash out of expensive markets.
Our So Cal home went up 100k a year for the last 5 years.
But until we cash out it means little.