Zillow has posted their latest quarterly home value reports.
Their charts for the Seattle area include a graph of the percentage of homes sold at a loss (approaching 30%) as well as a chart showing the percentage of recent buyers with negative equity (over 50% of 2007 buyers).
Interesting stuff from Zillow as usual.
You can also find additional news coverage of Zillow’s report at the Seattle Times and at Aubrey Cohen’s blog.