2011 Home Values Decline and…

As 2011 comes to a close, Zillow anticipates home value declines for the year will total more than $681 billion. The rate of depreciation, however, is slowing.This year’s decline is 35 percent less than last year’s $1.1 trillion drop in value. Additionally, much of this year’s decline occurred during the first half of the year.  For more details click on the following link:

http://www.dsnews.com/articles/home-values-decline-nearly-700-billion-in-2011-but-rate-of-slows-2011-12-22

 

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