Feb 18 2008
76 Percent Of U.S. ZIP Codes Tracked Indicate Decreasing Property Values
“Of the 7,472 ZIP codes tracked by the LoanPerformance HPI, home prices in 5,691 (76.16 percent) of these ZIP codes have decreased over the last three months,” said Damien Weldon, vice president, collateral and prepayment analytics for First American CoreLogic, “Year-over-year, however, just 4,028 (53.91 percent) of the ZIP codes we track indicate decreasing property values,” added Weldon.
| 3 and 12-Month Change By Top CBSAs (Core Based Statistical Areas) as of December 2007 | ||
| 3 Month | 12 Month | |
| Change | Change | |
| Austin-Round Rock, TX (Metropolitan) | 0.91% | 8.09% |
| New York-White Plains-Wayne, NY-NJ (Metropolitan) | 0.61% | -0.35% |