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why is my condo value going down all of a sudden from september? whats wrong with 92707?

Profile picture for greenview
Contributions: 8
why is my condo value going down all of a sudden from september? whats wrong with 92707(south coast metro)?
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November 10 - South Coast
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Profile picture for CA UMB
Contributions: 2973
Zillow All-Star

Since January 2009

I feel that a "Zortgage" can be found directly under that bald spot. Enough to make one see red.

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November 10
Profile picture for AB5551212
Contributions: 52
Zillow All-Star

Since November 2009

Hi greenview

Here's a link to some really good & quick videos done by David and Sara from Zillow that may answer your questions and help with what your wanting to do.
www.Zortgage.com

Jim

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November 10
Profile picture for CA UMB
Contributions: 2973
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Since January 2009

I do not know the reason. Values have been "inching upwards" in Orange County the last few months. If you wish, I will provide you with comparable sales in SCM at no charge.
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November 10
Profile picture for Scobe
Contributions: 24
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Since November 2009

It could be due recent Short sales or Foreclosures that impact value as a home owners.  Have you had an Appraisal done?
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November 10
 

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Question why is my condo value going down all of a sudden from september? whats wrong with 92707?
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