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HGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudTrump accused of making false statements about $50M Chicago tower loanTrump accused of making false statements about $50M Chicago tower loanLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aOnmibuild sues HFZ, lenders on High Line projectOnmibuild sues HFZ, lenders on High Line project
South Florida

Homeowners in denial

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Despite the down market, homeowners still believe their homes are increasing in value. In the second quarter of 2008, 62 percent of homeowners surveyed said they think the value of their homes increased over the past year, according to Zillow.com. In reality, 77 percent of U.S. homes decreased in value of the past year, only 19 percent appreciated and 5 percent stayed the same.