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US: Home values plummet $500 billion
29 minutes ago ago from Opalesque Real Estate Briefing
From CNNMoney.com: American homeowners will have lost nearly $500 billion in home value by year's end. Still, that's a big improvement over 2008, when values fell by $3.6 trillion, according to a report released Wednesday by real estate Web site Zillow, which provides online appraisals for tens of millions of properties nationwide. (more )
Related contentHome values plummet $500 billion
17 hours ago ago from Revenue Tip | Increasing Your Revenue - Simplified
By on Dec 9, 2009 in Real Estate American homeowners will have lost nearly $500 billion in home value by year's end. Original post by Technology news - Business 2.0 Magazine
Related contentWarning over UK economy sees pound and FTSE take a dive
21 hours ago ago from Open Your Eyes News
Daily Mail The pound fell against the dollar and the euro today after rating agency Moody's described the British economy as weaker than Germany and France.A report today said Britain and the U.S. had resilient' AAA ratings, as opposed to the resistant' top ratings of Canada, Germany and France, mainly because of the dreadful state of the public finances in Britain and the United Sates. Alistair Darling said yesterday the economy remains too ...
Related contentHome lost nearly a half trillion in value in 2009 : One Penny Sheet
11 hours ago ago from One Penny Sheet
OPS_admin | Dec 09, 2009 | Comments 0 Residential real estate owners suffered through another down year, but losses were much lower than in 2008. American homeowners will have lost nearly $500 billion in home value by year's end. Still, that's a big improvement over 2008, when values fell by $3.6 trillion, according to a report released Wednesday by real estate Web site Zillow, which provides online appraisals for tens of ...
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Finally, an end to the sharp drop in home values
16 hours ago ago from DailyFinance
Zillow, the real estate home-price research company, says the value of residential real estate ended its sickening drop in 2009. The firm's chief economist writes: "Total home values in the United States fell $489 billion in the first 11 months of 2009. A large drop, to be sure, but it marks a significant improvement from 2008, when homes lost a total of $3.6 trillion in values." Zillow says residential real estate values actually rose in 48 ...
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