From Zillow.com:
Home values rose for the second month in a row in April, and saw the biggest increase since January 2006. The Zillow Home Value Index rose 0.7% from March to April, to $147,300.
It’s another positive sign for the housing market, and continued increases will mean a drop in the number we put out yesterday, which showed 31.4% of homeowners with mortgages are underwater.
