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Loan Modification

: The Truth About Mortgage.com

$9 Trillion in Home Equity Lost Since Real Estate Market Peak

By scot184

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A staggering $9 trillion in home equity has been lost since the real estate market peaked in June 2006, Zillow reported today. This year, U.S. homes are expected to lose more than $1.7 trillion in value, a 63 percent increase from the $1 trillion lost in 2009. Zillow noted that the loss of equity is 12 times [...]

Full post as published by The Truth About Mortgage.com on December 09, 2010 (boomark / email).

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