Zillow’s L.A. rankings: Areas with biggest declines in home values

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Zillow’s quarterly analysis of real estate trends is out tonight, and contains some fascinating data. My personal take is that even though individual Zestimates -- the estimated value of a particular home -- may be unreliable in many cases, the overall trends that Zillow captures are valuable and probably pretty accurate. These are the 20 Zips in greater L.A. with the biggest year-over-year declines in median home values, as measured by Zillow.