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« Other reasons your website might sucks... | Main | In the Nick of Time ... Have we hit bottom? » May 06, 2009More mortgage issues...Zillow Real Estate Market Reports U.S. home values continued to slide for the ninth consecutive quarter, declining 14.2 percent from a year ago, and falling 21.8 percent since the market peak in 2006. Additionally, one-fifth (21.9%) of all homeowners in the United States is in negative equity, and one in five homes sold in the past 12 months was a foreclosure. Zillow Q1 Real Estate Market Reports track 161 metropolitan statistical areas (MSAs) throughout the U.S., identifying market trends including, but not limited to: five and 10-year annualized change, negative equity, short sales and foreclosure transactions.
Posted by Jeff Brooks on May 6, 2009 09:30 AM | Permalink TrackBackTrackBack URL for this entry: |