Homes price in U.S. lose $2 trillion in value this year

At the end of this year, americans homes owners will have lost collectively $2 trillion for the value of their houses. The Web site Zillow.com, which specializes in real estate, calculated the total value of all American homes. With a decline of 8.4% for the first three quarters of 2008, compared with 2007. We hope [...]

By marvine28 | 15 Dec 08 | Posted in Real Estate | Comments (0)

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