Home values remained relatively unchanged in the third quarter, declining 0.2 percent compared with the second quarter, according to Zillow’s third quarter Real Estate Market Report.  The Zillow Home Value Index declined 4.4 percent year over year to $171,500. Home values have fallen 28.8 percent since they peaked in June 2006.A lower rate of foreclosure liquidations, coupled with relatively flat home values, led to an increase to 28.6 percent of single-family homeowners with mortgages underwater, compared with 26.8 percent in the second quarter. While the pace of foreclosures has slowed, liquidations remained high in September, with 8.7 out of every 10,000 homes being liquidated.Regionally, home values have weakened in the majority of the metropolitan statistical areas (MSAs) covered by Zillow, with 105 out of 157 markets declining from the second to the third quarter. Comparatively, 66 out of 157 markets declined between the first and second quarters of this year.Want to know what your home is worth? Click here for a free market evaluation !If you have equity in your home, we will sell your home and get top dollar in this challenging market with our  Internet Marketing and Sales Program. If you do not have enough equity, and you must sell your property as a short sale we have the expertise to do so also, go to www.ShortSaleRealtors4U.comNew Pro-Property Search. We will setup a customized search for you by our professional REALTOR® Team. Sit back relax and shop at home! We will make changes to your Pro-Property Search any time you like, just let us know. Have fun!