Wednesday, December 9, 2009

Home values plummet $500 billion... Glass half full...


Residential real estate owners suffered through another down year, but losses were much lower than in 2008.


NEW YORK (CNNMoney.com) -- American homeowners will have lost nearly $500 billion in home value by year's end.

Still, that's a big improvement over 2008, when values fell by $3.6 trillion, according to a report...

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