2010-08-10thetruthaboutmortgage.com

Home values nationwide fell 0.6 percent in the second quarter from a quarter earlier and were off 3.2 percent compared to last year, according to real estate information service Zillow.

But the rate of decline slowed for the second straight quarter, likely a result of the homebuyer tax credit, improved affordability, and ongoing loan modification efforts.



Comments: Be the first to add a comment

add a comment | go to forum thread