Metro Denver residents who lost their homes in foreclosure during the Great Recession must endure yet another indignity all these years later: watching on the sidelines as the properties they once owned skyrocket in value at some of the highest rates in the country. Zillow, the Seattle real estate valuation website, calculated the appreciation rates that foreclosed homes in several metro areas experienced after hitting bottom, trying to get a rough sense of the home equity, a primary source of wealth for many families, that was foregone.

Foreclosure News



Leave a Reply

Your email address will not be published. Required fields are marked *