It's no secret that Zillow values are "approximations". I was looking at a home today that Zillow valued at over double it's worth in today's market.
That being said, what do you think about this headline:
DALLAS (Dallas Morning News) – Almost 16 percent of homeowners in the Dallas–Fort Worth area are "underwater," according to a new report from Zillow Inc.
That’s about 1 percent less than the nationwide number of homeowners who owe more than their homes are worth, the Internet real estate company found.
In addition, DFW homeowners lost almost $4 billion in home value last year.
Overall home values in the area fell by less than 2 percent last year, compared with an almost 12 percent drop nationwide.
Showing posts with label mortgage crisis. Show all posts
Showing posts with label mortgage crisis. Show all posts
Tuesday, February 3, 2009
Subscribe to:
Posts (Atom)