Home values plummet $500 billion
Started by stevejhx
about 16 years ago
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NEW YORK (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. http://money.cnn.com/2009/12/09/real_estate/home_value_loss/index.htm See - THINGS ARE GETTING BETTER, not worse! You people don't know what you're talking about. Manhattan is SAFE, SAFE, SAFE.
In my print issue, they note that most economists say nationally, we have another 5-10% to go...