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Home Value Falls Further

March 2nd, 2011 at 05:37 pm

This morning on, I noted that according to Zillow, my home value has fallen another $4,500 to $127,500. I am now at 144% LTV. Frown

Sometimes I wonder: am I being foolish? Am I missing the opportunity of a lifetime? Should I buy a different home for myself at today's prices and just let mine go? Yes, I put 53k down and immediately another 10k on repairs/maintenance, but that's gone and there is nothing to be done about that.

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