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Zillow’s COO Discusses Foreclosures on Bloomberg TV

Here’s some startling news – in 2006, homes in the top tier of local home values made up 16 percent of foreclosures. Today homes in that same bracket make up 30 percent of foreclosures, according to new foreclosure analysis by Zillow Chief Economist Stan Humphries. Watch Spencer Rascoff, Zillow COO, as he discusses this data on Bloomberg ...

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Here’s some startling news – in 2006, homes in the top tier of local home values made up 16 percent of foreclosures. Today homes in that same bracket make up 30 percent of foreclosures, according to new foreclosure analysis by Zillow Chief Economist Stan Humphries.

Watch Spencer Rascoff, Zillow COO, as he discusses this data on Bloomberg News.