Zillow’s latest Home Value Report shows that over the past year, U.S. single-family home values have decreased by 5.5%, while condo values have declined by 7.4%.
Did you know? Many recent homeowners are now under water.
39% of Americans who bought a home in 2006, and 30% of those who purchased in 2007, now have negative home equity—meaning they owe more on their mortgage than their home is currently worth.
No comments:
Post a Comment