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Tag Archive | "median home prices"

Zillow: First Quarter 2011 Median Home Values Continue to Decline; Down 8.2% Past 12 Months

More than 28 percent of U.S. homeowners owed more than their properties were worth in the first quarter 2011 as values fell the most since 2008, according to Zillow Inc. Home prices slumped 8.2 percent over the past 12 months. About 27 percent of homes with mortgages were “underwater” in the fourth quarter 2010. Homeowners [...]

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