We have had some pretty interesting posts this last week on Zillow Blog with the release of some new reports and covering some recent economic news.
Proposed: $15,000 Tax Credit for Homebuyers - This is definitely the hot topic du jour.
The Scope Of The Housing Recession - Zillow's VP, Data & Analytics built a graphic to show year-over-year appreciation for the past six years in the 161 markets we examined in the most recent quarterly report.
Holy January! Buyers are lurking... - Zillow had our all time high traffic month in January - 7.5 million unique users. Does this mean people are tip toeing back into the market and starting to see what's out there?
Americans Lose $1.4 Trillion in Home Values in Q4 - Our research shows that American homeowners collectively saw $3.3 trillion erased from the value of their real estate in 2008. What's all the more stunning is that $1.4 trillion, 42 percent of the annual 2008 total, was lost in the fourth quarter alone. Read about all the data in the post, there is some phenomenal information here.