Wednesday, February 10, 2010

Continued High Negative Equity and Home Value Declines Put a Damper on an Encouraging 2009

Home values across the country declined again in the fourth quarter of 2009, as the Zillow Home Value Index fell 5% year-over-year, and -0.5% quarter-over-quarter, to $186,200. That marked the 12th consecutive quarter of year-over-year declines, according to the fourth quarter Zillow Real Estate Market Reports. More http://rismedia.com/2010-02-10/continued-high-negative-equity-and-home-value-declines-put-a-damper-on-an-encouraging-2009/

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For any of your Real Estate Questions or Needs call Me at 636-294-6061 or Mike@cribbinrealty.com Remember “Cribbin Realty” Where Performance Outsells Promises.

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