Negative Equity Down By Almost Half Since 2012 Peak, But There’s Still a Ways to Go ‹ Zillow...

Posted by Me on Facebook on December 17, 2014 at 12:38AM:



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Source:

http://bit.ly/1wfsbfB

Description:

• As of the end of the third quarter, 16.9 percent of U.S. homeowners with a mortgage are underwater, down from a peak of 31.4 percent in 2012 Q1. • The negative equity rate is less than half of its peak value in 23 of the largest 35 metro areas. • Negative equity is forecasted to fall further, proj…