New data from Zillow sheds light on how the housing recovery is progressing.
New data released by Zillow shows that lower-priced homes are recovering their value more slowly than higher-priced homes. More than half of the homes in the country—53 percent—haven’t regained what they were worth at the peak of the housing bubble in 2007. CoreLogic reports that one in 20 mortgaged homes is still worth less than the mortgage owed on it.