5/10/2010 — Zillow.com Press Release.

Home values in most U.S. markets continued to decline in the first quarter of 2010, as the Zillow Home Value Index(1) fell 3.8 percent year-over-year, and 1 percent quarter-over-quarter, to $183,700. However, home values in several large California markets show signs of having reached a bottom, according to the first quarter Zillow Real Estate Market Reports(2).

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