Double Dip in Home Prices Is Likely in 2010


Overall U.S. home values declined again in the fourth quarter of 2009, and fell 5% year-over-year and 0.5% quarter-over-quarter, according to the Zillow Home Value Index. The S&P/Case-Shiller Home Price Index showed mixed data in its January report on house prices ending Nov. 29, but it, too, showed house price declines in November in many markets.