South Florida homes and condominiums continue to lose a stunning amount of value, but the pain is at least diminishing.
Homes and condos in Palm Beach, Broward and Miami-Dade counties are expected to lose $6.5 billion in value this year, real estate website Zillow.com said Thursday.
As bad as that is, it was more than four times worse in 2010, when $28.6 billion disappeared. Nationally, U.S. homes are on pace to lose $681 billion in value, down 35 percent from 2010.
For more: Home values: Losses in South Florida top $6 billion - South Florida Sun-Sentinel.com
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