Posts with tag Stan Humphries

Home Values Build for 3rd Consecutive Month

By Lauren Riefflin Zillow's May Real Estate Market Reports, released today, show national home values rose for the third month in a row, climbing 0.5 percent from April to May to a Zillow Home Value Index of $148,100. The good news continues at the local level as well: Of the 166 metropolitan areas covered by Zillow, 86... Continue Reading »

More Than 30% of Mortgage Borrowers Still Underwater

By Les Christie @CNNMoney NEW YORK -- Despite rising home prices, more than 30 percent of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to Zillow. The percentage of borrowers who owed more on their home than it was worth increased to 31.4 percent... Continue Reading »

Housing Crisis Hits Previously Healthy Cities

Maybe we are just getting immune to the housing crisis; to the news that homes are underwater in Phoenix and Florida; that all the "sand states" are in real estate hell; and that it costs less to buy than rent in Las Vegas, where 51 percent of the buyers are coming in with cash. But here's a shocker: Seattle, Chicago and... Continue Reading »

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