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Monday, February 12, 2007

Speaking of Foreclosures: Zillow Releases Its Year End Report

Zillow.com, the free online home valuation web site covering houses across the United States, has released its latest quarterly report on real estate. The year over year value for homes declined by about half a percent, the first decline since 1997. Values were down 4.7% quarter over quarter.

The city with the highest appreciation: Lakeland-Winter Haven, FL up 25.88%

The city with the biggest drop in values: Panama City, FL down 11.84%

Zillow's press release has a lot more details.

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