Valley Home Values Plummet in 2009

December 29, 2009 12:00:00 AM PST
2009 turned out to be a tough year for home values in the Valley. Merced's home values dropped the most in the western U.S. since the housing boom, according to a recent report by Forbes.com. There, home values dropped by more than 60 percent since 2006. And Fresno comes in at number nine. In Fresno, values have decreased by nearly 40 percent.

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