Tuesday, March 15, 2011

Home Values

According to CoreLogic’s study, the five states with the greatest home price depreciation in January were: Idaho (-15.7 percent), Alabama (-12.1 percent), Arizona (-11 percent), Oregon (-9.9 percent), and Utah (-9.8 percent).


The five states with the highest appreciation were: West Virginia (+5.5 percent), North Dakota (+3.3 percent), New York (+1.9 percent), Hawaii (+0.7 percent), and Wyoming (+0.2 percent).

Nationwide, CoreLogic says home prices have dropped 32.8 percent from their peak in April 2006, largely due to increased volumes of distressed properties on the market.