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Over half of U.S. homes lost value in the past year, mainly in Western and Southern cities, but most homeowners remain financially stable.
Over 53% of U.S. homes lost value in the past year, the highest share since 2012, according to Zillow, with the steepest declines in Western and Southern cities like Denver, Austin, and Phoenix.
Despite the drop, most homeowners remain financially stable due to high equity and low mortgage rates, and only a small fraction of homes are priced below prior sales.
The trend reflects a market normalization after pandemic-driven price surges, not a crash, with national home values still up 67% since their last sale.
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Más de la mitad de las casas estadounidenses perdieron valor en el último año, principalmente en las ciudades del oeste y del sur, pero la mayoría de los propietarios de viviendas siguen siendo financieramente estables.