Tuesday, August 11, 2009

23% of US Homes Underwater

  • 23% of US Single Family Homes are Under Water According to Zillow. Median home values is down 22% since its peak. Home value declines have slowed down though.

    tags: home values, declines, foreclosures, underwater

    • 29 percent of homes that changed hands in June sold for less than their owner originally paid
    • At $186,500, the median home value was down 22.3 percent from its peak

Posted from Diigo. The rest of my favorite links are here.

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