COMING UP: CBS4 Investigates Paid to Stay at Home, Tonight on CBS4 at 10 (Watch Preview)

Metro Area Home Owners Get Bad News

DENVER (CBS4) – Some bad news for homeowners — house prices in Denver are now back to what they were in 2000.

A report from the real estate company Zillow says metro area home prices are 9.6 percent lower than a year ago and nearly 30 percent off their 2006 peak.

The number of families who are underwater, or owe more than their house is worth, rose to 41 percent last quarter.

In March more than a third of all homes sold in the metro area were sold for a loss.

Comments

More From CBS Denver

Latest Broncos Updates
The Late Show With Stephen Colbert

Listen Live

AM/FM Stations

Featured Shows & Multimedia