Posted by Danny Griffin on October - 14 - 2011
US Zillow Home Value Index US Home Values – Interactive chart According to Zillow’s Home value index, values have fallen 4.5% to an average of $172,600 across the U.S. as compared with last year’s values. States such as Arizona and Florida, originally plagued by an almost “Ponzi” scheme investor frenzy, continue to correct and offer fantastic buying opportunities. Reports from fellow real estate agent Marnetta Arnett continue to confirm a
Posted by Danny Griffin on October - 11 - 2011
So what does the bottom of a residential real estate market look like? Maybe the truth is that nobody can really name the bottom of any financial decline with precision, but there certainly are metrics that make a relevant historical measurement. It’s in the numbers! According to CNNMoney, this April, home ownership in the U.S. dropped by 1.1% to 65.1% as compared to its year 2000 level. That’s the biggest