Q4 home prices fall in 76% of U.S. ZIP codes tracked Premium Content

Index shows price drops in nearly all California areas

Inman News®

Home prices fell during the fourth quarter in 76 percent of the 7,472 ZIP codes tracked by mortgage data aggregator First American CoreLogic.

While just over half of ZIP codes nationwide saw prices decline for the year, trends varied widely by state. For the year, prices fell in 98 percent of California ZIP codes, compared to 51 percent in New York, First American said in announcing the release of the December 2007 LoanPerformance Home Price Index.

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