U.S. Homeowners Lost $5.9 Trillion Since 2006 Peak (Update1) (Bloomberg)

Almost half a trillion dollars was wiped out this year through November as housing headed for a third straight annual decline. New foreclosures and higher mortgage rates in 2010 may hinder a rebound, the property data service said today in a statement.

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1. Commercial Mortgage Defaults at U.S. Banks Reach 3.4% (Update1) (Bloomberg)
2. Commercial Mortgage Defaults in U.S. Bank Portfolios Reach 3.4% (Bloomberg)
3. South Florida fourth nationally in lost home values (SouthFlorida.com)
4. Delaware real estate market exhales (The News Journal)
5. DELAWARE: Number of underwater mortgages recedes (The Daily Times)