Smart Borrower Blog

Equity Loss In American Homes

Dec 15th, 2008 @ 5:14 PM by Alden Smith

I posted recently about the value of homes dropping in the United States.  I said in my post that trillions of dollars would be lost this year due to these drops, effectively putting many homeowners under water on their mortgages.  Today I did some searching for some figures, and found the stats I was looking for online at  Zillow, a real estate site, has a lot of information for the home buyer and prospective owner.  Because I don’t like posting data without facts to back it up, I found that, according to an analysis of recent Zillow Real Estate Market Reports, American homeowners will lost an estimated $2 trillion in value during 2008.   The report reveals that home values dropped 8.4% year over year through the first 3 Q’s of the year, as compared to 2007.  The report reveals that one in seven of all homeowners, or 14.3%, were underwater by the end of the third quarter.  Continuing into the 4th, further falls are predicted.

To date, the estimated value of loss stands at $1.9 trillion through Q3.  Dr. Stan Humphries, Zillow’s vice president of data and analytics, said in a statement that “This year marked the acceleration of the market correction, and is likely to end with the eighth consecutive quarter of declines in home values.  In general, homeowners in most areas we cover are struggling with foreclosures pouring into the market, large amounts of negative equity and dropping home values. On the positive side, in the third quarter, some markets – particularly those hit hardest in the downturn – showed smaller year-over-year declines than in the prior quarter. Our optimism here, though, must be tempered by the knowledge that the larger economic problems that emerged in the fourth quarter will likely further challenge the real estate market.”

This huge loss in equity and the running list of foreclosures, falling prices and a glut of unsold homes on the market is viewed as the biggest barrier to recovery of any kind in the market, both home and abroad.  Without a level playing field, there is not much chance that the economy will turn around any time soon.  What will be done remains to be seen.  Whatever happens, we can rest assured of one thing – the $1.9 trillion that has been lost won’t be recovered.   With everything else that is happening in the economy – the troubles in the stock market, the bailouts, the troubles of the Big Three – it will be a very large challenge to resolve.  Let’s hope that someone has a plan.

Ambien Medicine
Ambien Cheap Prices
European 10mg Valium From Roche
Ambien With Halcion
Tramadol Side Effects For Dogs
Picture Identification Of Xanax
Xanax How Long Does It Last
Tramadol Addiction Treatment
Ultram Ultracet Tramadol
2mg Xanax Order
Zolpidem Generic Ambien Fucked Up
Canine Valium
A1 Mylan Xanax
Ambien Weather
Valium Cause Depression
Cheap Legal Purchase Valium
Online Valium Sales
Heart Rate And Xanax Xr
Roche Valium Express Overnight Delivery
Ambien Monsanto Sanofi
Valium Smoking Weed
Ambien Overdose Liver
Ambien History
Tramadol Hcl 50 Mg Active Ingredients
Ambien Don’t Remember
Sonata Ambien And Other Sleep Aids
Xanax Now
Ambien On The Internet Without Prescription
Valium 50 Mg
Natural Substitute For Xanax
Buy Cheap Domain Online Order Valium
No Prescription Cheap Tramadol
Buy Cheap Tramadol On
Ambien In Pregnant Women
Effects Xanax Bars
Ambien And Urinalysis
Order Tramadol Online Without Prescription
Xanax L441
Tramadol Neuropathic
Controlled Formulation Hydrochloride Release Tramadol Using
David Crespi Ambien
Picture Valium
Purchase Valium
Generic Drugs Generic Equivalent For Valium
Order Tramadol
Xanax And Children
Online Valium Overnight
Makers Of Ambien
Can I Take Benedryl With Valium
Prescription What Is Tramadol
Xanax Water Tapering
Tramadol Drug Interactions Phramacology
Legal Valium
Generic Ambien Pricing And Managed Care
Xanax And Pseudoephedrine
Valium Maximum Dose Anxiety
Tramadol C O D Shipping
Xanax And Cocaine Effects
Xanax Highs
Valium Online Usa No Presicription
Ambien Fed Ex Shipping
Alcohol Mixture Xanax
Tramadol New York
Tramadol For Canine Use
Ambien Directions
Death By Xanax
Valium And Liver Function
R039 Xanax
Order Fda Approved Xanax Drugs Online
Precription Drugs Online Phentermine Adipex Tramadol
Ambien With Fedex Delivery
Children And Ambien
Snorting Concerta And Xanax
Valium And Ciwa Scale
Ambien Generic Drug
Where Can I Purchase Xanax
Tramadol 10mgs
Tramadol Complete Pills
Xanax Xr Strengths
Order Valium Online
Xanax For Stomach
Weaning Tramadol Tylenol
Sonata Faster Than Ambien
Tramadol Contain Morphine
Cheap Tramadol Buy Tramadol Online
Ativan Valium Vs
Hypnotic Drugs Valium
Prescription Medication Ambien
Drug Test Ambien
Cheap Pharmacy Refill Tramadol Ultram
Order Cod Online Xanax Ambien
Ambien 10mg Generic
Tramadol Hcl-acetaminophen Car
Mylan 345 Valium
Xanax Drug Test Time
Taking Tramadol While Breast Feeding
Pharmacy Degree Tramadol
No Prescription Pharmacy Xanax
Ambien Store
Nea Ambien For Sleep
Ambien And Librax
Tramadol Cheap Overnight Inexpensive
Ambien Cause Of Gastric Ulcer
Xanax Result Time
Ambien Fainting
Buy Xanax Online Now
Lorazepam Xanax Indications
Xanax Memory Loss
Ambien Stillnox Fed Ex Dhl Inndia
Generic Ambien Online
Xanax Alcohol Death
Melanie Mcguire Convicted Of Murder Xanax
Tramadol 2bonline
Compare Prices For Non Prescription Xanax
Difference Between Xanax And Zanex
Ambien And Online Prescription
Is Valium Addictive
Ambien Heavy Dosage
Ambien On Line Fed Ex
Neurological Injury Ambien
Xanax Gg 257
Online Tramadol Cod
Xanax Forum
2006 Followup March Post Tramadol
Sleeping Ambien Online Prescriptions With Consultation
Wellbutrin And Xanax
Ex Tramadol
Cheapest Tramadol Available Online Without Persciption
Ambien Cross Benzo Screen
Order 10 Ambien
Ambien United States
Ambien With No Prescription
Purchase Valium On Line
Asian Xanax
No Membership Xanax
Purchase Valium Illegally Online
Discount Xanax
Melt A Xanax Down
Ambien Cr Fibromyalgia
Ambien Trip
Valium Doseage
Ambien Cr Ingredienta
Lcd Projectors Buy Tramadol
Vodka Valium Mocha
Natures Valium
Xanax Adult Dose
Buy Ambien Cod
No Overnight Prescription Tramadol
Canine Dog Alprazolam Xanax
Tramadol 50mg Potentcy Equivilant
Keywords Ambien
Valium Dosages
150 Tramadol
Xanax Bar Effects
Valium Dentist
Tramadol Hcl 50 Tablet Tv
Ambien Coffee
Tramadol For Pigs
Ambien Oversears
Ambien Priapism
Side Effects Of Xanax And Alcohol
Xanax And Drug Test
Lorazapam And Tramadol
Tramadol Free Online Consultation
Tramadol Replacements
Valium Online Without Prescription
Add Anxiety Depression Valium
Luxury Hotel Rome Valium
Dogs Taking Ambien
Buy Hydrocodone And Xanax Now
Online Pharmacy Ambien Consultation
Tramadol Wiki
Tramadol Lexapro Addiction Stories
Xanax Buy Domain Xanax Atspace Org
Ambien Off
Buy Xanax On Line
Tapering Off Xanax
Xanax Asthma
Deroxat Xanax Pourquoi Prendre Medication
What Are Common Names For Valium
Xanax Incompatabilities
Xanax Addiction Help
Yellow Valium
On-line Doctors Who Will Prescribe Xanax
Valium Cats
Iv Valium Complications
Xanax Bars Photos
Weight Gain Xanax
Flexeril And Xanax Urine Tests
Tramadol Dogs Pain
Tramadol Dosing Directions
Low Dose Xanax Prosexual
Pharmacy Xanax
Snorting Xanax Effects Of
Ambien Effects Long Term
Xanax Mexico
Xanax Interaction With Grapefruit
Online Sales Valium
Prescription Pharmacy For Cheap Valium
Effects Of Overdose Of Tramadol
Celecoxib Tramadol Interaction
Recommended Valium Dosage Per Day
Xanax And Cardizem
Xanax Dosing
Canin Valium
Tramadol With Suboxone
Tramadol 180 Cod
Tramadol And Vision Problems
Skin Rashes Due To Ambien
Xanax Erowid
Ambien And Billion
Xanax Side Effects Paranoia
Dmt Valium
Ambien Neurotransmitter
Order Ambien From Canada
Ambien And Travel
Ambien Cr Safety
Nicotine Valium
Ambien Pregnancy Category
Xanax With Adderall
Tramadol For Rls
.25 Mg Xanax Withdrawal
Ambien Like Ghb
Picture Pill Valium
Buy Xanax Online Fast Ship
Drug Interaction Of Tramadol
100 Tramadol Ultram
Offer Code For Ambien Cr Checks
Xanax Generic Photo
Ambien Cr Golf Swing Ability Agree
Xanax During Second Trimester
Xanax Party Drug
Ambien Taken With Xanax
Facts About Xanax
Pill Tramadol 50mg Tab Ivax Id
Ambien Company
Buy Xanax Legally Online
Generic Names For Xanax
Buy Cheap Ambien Online
Pharmacology Tramadol
Valium Use
Ambien Pancreatic Cancer
Xanax And Welbutrin
Tramadol Interaction Clonidine
Generic Names Of Ambien
New Ambien Warnings
Buspar Vs Xanax
Cheap Roche Valium With Overnight Delivery
Ambien No Prescription Federal Express
Tramadol Pharmacology
Purepac Xanax Complaints
Valium Com
Delivery Cheap Tramadol Overnight
Xanax Barbituate
Online Xanax In Kentucky
Heroin Xanax
Tramadol Discount Codes
Too Much Xanax
Ambien Cr Effects Side
Tramadol Cod Guaranteed
Coma Ambien
Ambien Zolpidem Withdrawal Side Effects Comments
Apnea Ambien
Xanax Immune System
Ambien And Gastric Ulcers
Dangers Of Xanax And Klonopin Addiction
International Pharmacy Tramadol Next Day Shipping
Ambien Over-the-counter
Buy Now Tramadol
Ambien Buy The Offical Site
Valium Prescriptions Mexico
Valium N
Is Tramadol Hydrochloride A Controlled Substance
Tramadol Advil
Xanax Symptoms
Tramadol Seratonin
Ambien Urinalysis
Xanax Alprazolam Dosage Prescription
Ambien Cr Safe
Generic Names For Valium
Valium And Wellbutrin
Xanax Street Price Value
Xanax Birth Defect
Buy Online Xanax
Valium Driving
Buy Valium Online With Out Prescription
Ambien Cr Sleep
Buy B Ambien B
Overnight Xanax Or Alprazolam Delivery
What Is Xanax Rss Feed
Tramadol Use During Pregnancy
30mg Ambien
Ambien Damage Permanent Or Temporary
What Does A Tramadol Look Like
Drug Test Valium
Drug Life Of Xanax
4.00 Tramadol
Discount Valium Discount
Long Term Effects Of Xanax

Comments are closed.