Tax Credit Hangover Continues with Negative Equity Up, Home Values Down

It was another tough quarter for the U.S. housing market. Home values fell 2.6% from Q3 to Q4 and 5.6% year-over-year, and negative equity rose from 23.2% in Q3 to 27% in Q4, according to Zillow fourth quarter Real Estate Market Reports. Pretty grim numbers.

But there might be some good news hiding in those depressing [...]

Source: http://www.zillow.com/blog/tax-credit-hangover-continues-with-negative-equity-up-home-values-down/2011/02/08/

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