Monday, May 12, 2008

More stats for you Stats Hounds! (From Zillow!)

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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