Saturday, December 11, 2010

Homes Lose 9 Trillion dollars of value

Home values have dropped 9 Trillion dollars in just 4 years!  Off the top of my head I have no ideas how many zeros that is but it's a lot!  The Arizona real estate market is a mess and they say real estate is local -- but 9 trillion is a national number and it's a big one!  According to Zillow 1.7 million of that was in 2010 alone, which suggests that 2011 may not be much better...But could it be worse?  http://bit.ly/fG3i38

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