One Quarter of U.S. Homes Sold in Past Year Were at a Loss, Report Says

U.S. home values fell by nearly 10% in the second quarter of 2008,
causing one in four home sales over the past year to be at a loss,
according to a new real estate survey.

Zillow.com, an online real estate community, is reporting that U.S.
home values in the second quarter posted their largest year-over-
year decline in 12 years
and are also down 1.7% from the first
quarter…

Read More Now

This entry was posted in Mortgage News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>