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Home Market Research Markets

53% of U.S. Homes Lost Value This Year — 27 Places Where It’s the Worst

by TheAdviserMagazine
3 months ago
in Markets
Reading Time: 1 min read
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53% of U.S. Homes Lost Value This Year — 27 Places Where It’s the Worst
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Faina Gurevich / Shutterstock.com

Could this be a good omen for homebuyers waiting for housing prices to drop? Or is the latest market trend a mere blip? More than half of American homes have declined in value over the past year, marking the highest share in over a decade, according to new research from Zillow. As of October, 53% of U.S. homes have lost value compared to a year ago, up sharply from just 14% last year.



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Tags: HomeslostPlacesU.SWorstyear
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