$1.7 Trillion Loss This Year
According to Zillow, home values have declined $1.7 trillion this year, and a total of $9 Trillion since the peak of home prices back in June of 2006.
The amount of homeowners with negative equity (owing more than their home is worth), has reached 23.2% in this third quarter of 2010.
Most economists predict that the beginning of 2011 will not bring in much relief, and the trends should continue in the near future.
If you need to sell your home, and must do a Short Sale due to negative equity in your home, don't take any chances, please call a realtor with the knowledge and experience to walk you through the process step by step. We negotiate directly with the bank on your behalf. Find us at PaffordHomes.com
Call or Email: Phil or Celeste at PaffordHomes.com (951) 317-5571
Your Local Corona Realtors Short Sale Experts Short Sale Specialists
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