A report released today by CoreLogic shows that nationally 11.1 million, or 22. 8 percent , of homeowners with a mortgage were in a negative equity position at the end of the fourth quarter of 2011. This was an increase from 22.1 percent for the prior quarter. Negative equity is also referred to as being “underwater” or “upside down” and refers to homeowners that owe more on their mortgages than their homes are worth. [...]
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A report released today by CoreLogic shows that 22.5 percent (10.9 million) of all homeowners in the U.S. with a mortgage were in a negative equity position in the second quarter of 2011, down slightly from 22.7 percent the prior quarter. Negative equity is also referred to as being “underwater” or “upside down” and [...] A report released today by CoreLogic shows that 22.7 percent (10.9 million) of all US homeowners with a mortgage were in a negative equity position in the first quarter of 2011, down slightly from 23.1 percent (11.1 million) the prior quarter. Negative equity is also referred to as being “underwater” or “upside down” and [...] Negative equity is the dominant factor driving the real estate market according to CoreLogic in it’s “U.S. Housing and Market Trends” report that was released today. According to the report, as of the 4th quarter of 2010, over 11 million (23 percent) of U.S. homeowners with a mortgage were in a negative equity position, [...] Two reports were released today showing that home prices in the U.S. continue to fall. Fiserv Case-Shiller Home price Insights - This report shows that for the 4th quarter of 2010, U.S. home prices had fallen 4.1 percent from the 4th quarter of 2009 and have fallen 23.6 percent from the 4th quarter of 2007 [...] A report released this morning by CoreLogic shows negative equity declined in third quarter of 2010 for residential properties, marking the third-consecutive quarterly decline. The CoreLogic reports that 10.8 million, or 22.5 percent, of all residential properties with mortgages were in negative equity at the end of the third quarter of 2010, down from [...]
Dennis Norman After a couple of days of writing about bad reports on the housing market (existing home sales and new home sales to name two) I’m excited that I actually get to write something today that is positive! According to newly released data from CoreLogic, the percentage of homeowners in the U.S. with [...] Dennis Norman By: Dennis Norman It appears short sales are going to be here for a while, presenting opportunites for investors as sellers who are underwater on their mortgages with lenders that realize it are going to look for viable alternatives to foreclosure. Many investors have been actively pursuing short sales for some time [...] |
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