Why Home Values Decline: Understanding Market Dynamics for Builders and Homeowners
When housing market reports show rising median home values, it is easy to assume that every homeowner is gaining equity. But the reality is far more complex. Zillow data reveals that twenty-eight percent of homes lost value between August 2014 and August 2015, compared to twenty-two percent in the pre-bust era of 1998 through 2005. […]
