median home value: Atlantic City Area Owner Equity, Down Payment, And Median Home Value 2000 to 2008 - 09/06/08 01:04 AM
Here is another great graph that I got from Zillow giving an overall picture of our market.  The blue line shows a change in home values.  The light green bar shows positive median owner equity.  And the small dark green bar shows the median down payment. 
The positive thing to me is that many people still have positive equity in their home even if they bought at the peak.  Unfortunately on the other hand, many people do not have positive equity in their home.  Many have negative equity and owe more on their house than what it's current market value is. … (0 comments)