Zillow: 13% of Baltimore-area homes selling at a loss

From the Baltimore Sun today we have this…

Thirteen percent of homeowners who sold in the Baltimore metro area in July let the property go for less money than they paid for it, real estate information site Zillow.com says.

The trend peaked in early 2009 with 15 percent of homeowners selling at a loss. But three years ago, the sales-at-a-loss share was less than half as large as it is now.