Tuesday, August 12, 2008

One Quarter of U.S. Homes Sold in Past Year Were at a Loss, Report Says

U.S. home values fell by nearly 10% in the second quarter of 2008, causing one in four home sales over the past year to be at a loss, according to a new real estate survey. Zillow.com, an online real estate community, is reporting that U.S. home values in the second ...

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