[Rick Lee]

Zillow is useless. Look at $/sq. ft., population growth and area median income, maybe replacement costs for future indicators.

I think I'm a little better than even on my condo in VA, but it's rented out on a two-year lease and for $25 a month positive cash flow. My parents' mortgage payment is around $1200, balance is $250l'ish and the house is still worth around $2 million. I'm trying to convince them that now is the time to be making extra payments on that one. Their ARM just adjusted down to the mid 3's. My ARM is at 4.875% and I think it too will adjust down in November.