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Reuters: Home values seen losing over $2 trillion during 2008

Started by chris, December 15, 2008, 01:59:18 PM

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chris

Home values seen losing over $2 trillion during 2008
      


NEW YORK (Reuters) - Homes in the United States have lost trillions of dollars in value during 2008, with nearly 11.7 million American households now owing more on their mortgage than their homes are worth, real estate website Zillow.com said on Monday.<div class="feedflare">
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