According to @zillow, 53% of homes in the US have lost value in the past year. Here are the % of homes with lower values in the largest MSAs: NYC: 21% LA: 79% Chicago: 23% DFW: 87% Houston: 80% Miami: 76% DC: 43% ATL: 70% Philly: 27% Phoenix: 87% Boston: 21% San Fran: 83%