More than half of US homes lost value over the last year

More than half of homes in the U.S. lost value over the past year, marking the highest share of properties to depreciate in more than a decade. Research from Zillow revealed that approximately 53% of all U.S. homes have lost value since last year, up 14% from a year ago. It's notable given that a share this big has not been seen since the tail end of the Great Recession – around 2012 – when home prices and household wealth started a meaningful recovery.Zillow senior economic researcher Treh Manhertz said "homeowners may feel rattled," but it's more common in today's cooler market environment t