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Slide in U.S. home values slowed in second quarter, Zillow says

Posted on 10 August 2011

Stan HumphriesHome values in the U.S. had their smallest decline in more than four years in the second quarter, as the share of borrowers with negative equity shrunk, Zillow Inc. said.
In the second quarter, 26.8 percent of single-family homeowners with mortgages owed more than their houses were worth, compared with 28.4 percent in the previous three months, the Seattle-based company said……………………………………….Full Article: Source


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