Homes Could Lose $1.7 Trillion in value
BOSTON (TheStreet) -- U.S. homes are on pace to lose more than $1.7 trillion in value this year, 63% more than the $1 trillion lost last year, according to an analysis by Zillow, an online real-estate marketplace. That projection would bring the total value lost since the market peaked in June 2006 to $9 trillion. To put the hit in perspective, Zillow's chief economist, Stan Humphries, points ...
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Zacks Analyst Blog Highlights: Sohu.com, Changyou.com, Shanda Interactive, SINA Corp and Cooper Companies
Zacks Analyst Blog Highlights: Sohu.com, Changyou.com, Shanda Interactive, SINA Corp and Cooper Companies
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