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 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.