More Bay Area homeowners owe more than their homes are worth than did last year, according to a new report from the real estate website Zillow. Analysts say the increase shows continued weakness in the housing sector. We discuss the report, and what it means for homeowners and the overall economy.
The Bay Area Housing Market
(Justin Sullivan/Getty)
Guests:
Rick Turley, president of Coldwell Banker of the San Francisco Bay Area
Carolyn Said, staff writer covering mortgages and the real estate market for The San Francisco Chronicle
Amy Bohutinsky, chief marketing officer for Zillow
Atif Mian, associate professor of finance and real estate at UC Berkeley's Haas School of Business
Paul Winders, real estate broker with Around Town Realty in Vallejo
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