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Zillow champaign

Zillow said its home value index fell 3 percent in the first three months of the year from the previous quarter, and was down 8. The number of homeowners under water -- or, those who owe more on the mortgage than their house is currently worth -- amounted to Foreclosures also rose, following the moratoriums that had been in place in late In March, one out of every 1, homes was in foreclosure. Given all those factors, it is unlikely home values will reach a bottom this year, Zillow said, and the firm pushed its forecast out to With accelerating declines during the first quarter, it is unreasonable to expect home values to return to stability by the end of ," Zillow chief economist Stan Humphries said in a statement. Almost all of the markets covered by Zillow saw home value declines. Reporting by Leah Schnurr; editing by Gunna Dickson. IE 11 is not supported. For an optimal experience visit our site on another browser. NBC News Logo. Politics U.

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Zillow champaign

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