Zillow just released their market report for the third quarter of 2008. The report tracks 163 metro areas.

Some interesting findings are that home values have dropped 9.7% from last year, one third of homes sold in the last year sold for a loss, and 14.3% of homeowners have negative equity (meaning they owe more than the home is worth).

To view the report and check for details on your city visit, Zillow Real Estate Market Report.

Troy Trumm, Trumm Team - Omaha, NE

Omaha Homes For Sale

Omaha Real Estate

 

2 Comments on Zillow Real Estate Market Report

NOV
19

THat is a really cool web site that you talked about today in your blog! Our little town of Lubbock Tx is not even on there. I guess that is a good thing. Thanks for that.

8:08pm • #1
NOV
21

Thanks for posting Troy. This confirms what the local real estate reporters are saying about the Pittsburgh market, it is generally stable or rising!

8:15am • #2

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Omaha Real Estate & Omaha Homes for Sale - The Trumm Team

Omaha, NE

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Address: 12165 W. Center Rd., Suite 83, Omaha, NE, 68144

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