US homeowners lost $5.9 trillion since 2006 peak
Bloomberg
12/09/09
U.S. homeowners have lost about $5.9 trillion in value since the housing market peak in March 2006 as mounting foreclosures and the recession weighed on prices, according to Zillow.com. Almost half a billion dollars was wiped out this year through Nov. 30, as the market headed for a third straight annual decline. New foreclosures and higher mortgage rates in 2010 may hinder a rebound, the property data service said today in a statement...
http://www.bloomberg.com/apps/news?pid=20601103&sid=aoD0J3e1Hdxk
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=homeowners
12/09/09
U.S. homeowners have lost about $5.9 trillion in value since the housing market peak in March 2006 as mounting foreclosures and the recession weighed on prices, according to Zillow.com. Almost half a billion dollars was wiped out this year through Nov. 30, as the market headed for a third straight annual decline. New foreclosures and higher mortgage rates in 2010 may hinder a rebound, the property data service said today in a statement...
http://www.bloomberg.com/apps/news?pid=20601103&sid=aoD0J3e1Hdxk
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=homeowners
rudkla - 9. Dez, 09:13