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Zillow came out today with their analysis of home prices for the first quarter of 2007. They look at 46 Metropolitan areas in their study, which includes Santa Barbara-Lompoc-Santa Maria (but not San Luis Obispo).

Zillow says that the Santa Barbara-Santa Maria area had the 3rd biggest home value decline in the first quarter at 11.83%. The two areas with larger declines were in Florida.

You can see the Zillow reports here

Written by Keith Byrd - Go to Keith's Website/Profile