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General Inspection Discussion This is a place for general discussion about the home inspection industry. Try to keep the posts topical, but they need not be as specific as the other areas of this board.

 
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Old 12/17/10, 9:50 PM
Brian A. MacNeish Brian A. MacNeish is offline
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Please Note: Brian A. MacNeish is a non-member guest and is in no way affiliated with InterNACHI or its members.
Default Loss of equity in homes

CNNMoney.com reported this week that American homes are expected to be worth $1.7 trillion less in 2010 than they were worth in 2009. That's much greater than the $1 trillion loss in 2009, and means that since the market peak in 2006, the U.S. housing market has lost a total of 9 trillion dollars.

Last edited by Brian A. MacNeish; 12/20/10 at 6:59 AM..
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