Unexpected rapid, huge lost of value .
Hello all ;
I am in shock, and I need advice, who to contact
for information. Please advice.
I own property (a condo exactly) in "hot" area, in
Hollywood, CA.
The condo is rented. I was checking the estimated value
on Trulia and Zillow for a few, about 5 years.
Thye value was growing slowly, from abour 500k to
over 700k, 725k was in May 2021, just days ago.
Yesterday I opened Trulia, and the value dropped,about 130k,
in the last 30 days, 18%
I checked other condos in the same complex, the same thing
some, some have "contact for estimate".
Do I have any resources, to contact someone,
for some explanation of what happened?
thank you much
regards e