Hi Kate,
Zillow just published Q1 home value reports. I thought May 5th readers may be interested in this information. According to our analysis, home values in the US experienced another historic drop, falling 7.7% over the past year (ending March 31st). One of two homeowners who purchased during the national market peak in 2006 are currently "underwater" on their mortgage.
A few links to this data …
1. Detailed quarterly reports for 160 MSA’s.
2.
3. Overview of Q1 home value trends.
Regards,
David Gibbons
P.S. In case you’re interested in how Zillow’s Zindex compares to the CSI.
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