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Zillow Warns Of “Unprecedented Decline” In Home Values And No Stabilization In Q3

From the November 10th Business Insider, this disturbing tidbit from Zillow  about the national picture:

“Zillow just released a devastating third quarter housing report. Basically every major indicator is crashing:

The decline in home values accelerated in September, dropping 0.4% month-over-month
Foreclosures reached an all-time high
A record 23.2% of mortgages are now underwater

The double [...]