Zillow: Home price depreciation to worsen market into 2011

After a severe economic storm of more than 365,000 California foreclosures since early 2007, the state’s long-awaited 90-day foreclosure moratorium law goes into effect June 15, 2009.Gross job creation data count the number of new hires by firms in a given period, before "separations"-layoffs, retirements and voluntary quits-are subtracted. Net job creation is the number of jobs that remain after separations are accounted for-how much the workforce either grew or shrank overall. An oft-quoted SBA statistic states.

“There’s a long and painful path before the housing market looks normal,” Meyer said in an April 20 interview on Bloomberg. the Zillow economist whose seattle-based firm tracks home prices. “We’re.