Zillow: 24% of U.S. homes, 11.1% of Seattle-area homes sold at loss in past year
NEW YORK
Nationwide, within a little 24 percent of homes sold at a loss, the real-estate information company said in its second-quarter veritable estate market report, released today.
But in the Seattle area
In the past 12 months, 11.1 percent of Seattle-area homes were sold at a loss, and 5.5 percent of all area sales were foreclosures, the report shows.
It moreover showed that in parts of California, more than three of five homes sold for a loss, and half of all sales were foreclosures.
Despite gloomy trappings headlines and dismal data, homeowners nationwide remain oddly optimistic about the value of their homes, a separate Zillow survey found. Sixty-two percent think their home value increased or stayed the same in the spent year and three-fourths expect their family appreciate to grow or curb the corresponding; of like kind in the next six months.
By all measures, pointedly prices have fallen nationally in the past year with the states that saw the biggest run-up in prices during the boom
