Font Size

Sacramento Area Local News

E-mail

Close Window E-mail This Page

Sacramento Drop In Home Values Worst In Nation

Required fields are marked with an asterisk(*)

Recipient E-mail:*
- Your Name:*
- Your E-mail:*
Add a Message:
Send me a copy of this e-mail.

Type the characters in this picture:*

Click here to refresh with new letters

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

Print Share +

Feb 5, 2008 5:55 am US/Pacific

Sacramento Drop In Home Values Worst In Nation

SACRAMENTO (CBS13) ―

Click to enlarge 1 of 1

Close

numSlides of totalImages

Sacramento leads the nation in worst year to year drop in home values as the region is down 18 1/2%.

The three zip codes in the Natomas area are being hit the hardest.

Homes there typically sell for well over $250,000. But in the past year, some have seen a 50% depreciation.

The drop in home values is not just hurting home sellers, it's also hurting home builders by forcing them to slash prices in new developments.

You need the latest Flash player to view video content.
Click here to download.

Click here to bypass this detection if you already have the latest Flash Player.