Back in January 2008 I wrote about the pricing history of a neighboring townhouse in the context of the housing bubble. Early in my blogging days I called the bursting of the bubble in October 2005 based on the prices in my townhouse cluster. (A pause while I admire my foresight.)
The townhouse is up for sale again. It went on the market the end of April and is now under contract. According to Zillow, it's going for $50,000 more than its price in 2009, which in turn was $80,000 above its low in 2008.
But the bottomline is it's still $50,000 below the peak price.
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