TITLE

Facing Facts

AUTHOR(S)
Colter, Allison Bisbey
PUB. DATE
February 2009
SOURCE
American Banker;2/19/2009, Vol. 174 Issue 33, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that in 2008 the majority of U.S. homeowners believed their homes lost value. Economic polling company Zillow Inc. reported that 57% of homeowners believed their homes had lost value in 2008. In reality, it was estimated that 76% of homes lost value. Stan Humphries, a vice president at Zillow, said that throughout 2008 more and more homeowners began to recognize that the overall housing market crisis was impacting their homes.
ACCESSION #
36629970

 

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