Posted by: Marvin Remmich | January 23, 2013

Home Values See Largest Annual Gain Since 2006

U.S. home values in
2012 rose 5.9 percent over 2011, according to data in Zillow’s latest Home
Value Index (HVI). The 5.9 percent appreciation rate is the largest annual gain
since August 2006, near the peak of the housing bubble. As home values rose throughout 2012’s fourth quarter, foreclosure activity declined, with 5.22 out of every
10,000 homes nationwide facing foreclosure in December

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