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» VISIT US ONLINE @ DSNEWS.COM 11 When it comes to your property there is steel, and there is what people can steal. Vacant Property Security offers the toughest product available for securing your properties. BE STEEL SECURE » Digital keypad security and keyed steel doors » Custom and steel sheeting » Lot fortress » Exterior and interior debris removal » Cleaning/inspections » Quality control/digital locks and lock changes » Risk assessment » AC fortress » Weather and tamper proof security measures » Wireless monitoring with video snapshot capabilities » Silent and siren alarms » Solar Security lights » Lawn care » Snow removal » Utility bill transfers THE MULTIFACETED SOLUTION FOR YOUR EVERY PROPERTY SECURITY NEED. | 800.918.9100 | WWW.VPS360.COM | INFO@VPS360.COM WHICH MARKETS ARE STILL RECOVERING? In most of the nation's largest markets, home values have more than recovered from the collapse of the housing market and the start of the Great Recession a decade earlier. However, a Zillow report spotlighted markets still struggling to recover their lost value. "A decade after the financial crisis it's clear that, just as the bust was felt very differently across the country, so has the recovery," said Zillow Senior Economist Aaron Terrazas. "Looking back, the housing bust was a rare historical moment when housing markets across the country moved in sync." San Jose—the nation's most expensive metro—led the way with a median home value of $1.29 million, 74 percent higher than the top of the bubble and more than double its postcrash low. However, homes in Las Vegas, which saw some of the steepest gains in the country over the past year, remained 16 percent below their prebust median value. Orlando and Chicago home values remained nearly 14 percent below. Denver followed San Jose with a median value of $397,800, representing a 66 percent increase from the bubble's peak. Zillow noted, however, that Denver "never experienced a rapid run-up of prices during the bubble years." Overall, though, home values in 21 of the nation's largest 35 markets were higher than their prerecession peaks. At the time of the report, fewer than 10 percent of homeowners were underwater on their mortgages, but Zillow noted that that number jumped to the mid-teens in cities such as Chicago and Baltimore. "While markets like San Jose, San Francisco, and Denver have led the country out of the bust and are doing very well—in many cases now dealing with an affordability crisis—plenty of markets continue to bear visible scars from the crash," Terrazas said. "Homes that still are worth less than they were a decade ago mean more long-term homeowners remain tethered to underwater mortgages, still struggling to regain that lost value. In the markets that have seen the strongest recoveries, a combination of strong job growth, tight supply, and low interest rates have pushed home values upward. But in places that continue to struggle, the stimulus of low mortgage rates is quickly turning to a headwind and the window for a full recovery is quickly closing."

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