10 years after the recession, many markets still struggle to recover



One decade after the Great Recession began following the collapse of the U.S. housing market, it’s clear that home values have recovered in most of the largest markets in the country, and then some, according to a new Zillow analysis. The report shows the markets with the biggest gains since the mid-2000s bubble are mostly […]

Less than 10% of U.S. homes remain underwater, Zillow says



Almost a decade after the last recession, we’ve passed another milestone in the housing market recovery. The percentage of homeowners who owe more on their mortgage than the value of their home, or those who’re “underwater

The tide is turning as ‘underwater’ homes dry up



While most homeowners are enjoying seeing the value of their properties appreciate, there’s also good news for some of those who were previously underwater, or owing more on their mortgages than their homes are worth. New data from ATTOM Data Solutions’ third quarter 2017 Home Equity & Underwater report shows that there are now just […]

Negative equity continues to dog real estate markets



There are fewer homeowners underwater on their mortgages, but more than half of those who remain underwater owe at least 20 percent more than their homes are worth

Zillow study shows homes in black neighborhoods are twice as likely to be underwater



A new study from Zillow has found that homeowners in predominantly black communities are almost twice as likely to be “underwater” on their mortgages

2 million U.S. homes threatened by rising sea levels



Nearly 2 million U.S. homes would be lost if the oceans rise by six feet as scientists expect by the year 2100, according to a new Zillow analysis. The endangered homes represent just under two percent of the national housing stock, and are worth a cumulative $882 billion.

Zillow: 6 million U.S. homes still have negative equity



Fewer homeowners were underwater as the negative equity rate fell to 13.1 percent in the United States, according to the fourth quarter Zillow Negative Equity Report.

15 Percent of all Mortgaged Homes Still Underwater



Home appreciation has slowed drastically since last year’s rapid rise, and for some home owners, prices just haven’t risen enough. That leaves many seriously underwater, owing more on their mortgage than their home is currently worth.

Short Sales Falling Out of Favor with Underwater Homeowners



Real estate professionals say that their underwater sellers are less likely to consider a short sale, even if faced with foreclosure.

Why Using Eminent Domain To “Fix” Underwater Mortgages Must Be Stopped



Lately a number of local municipal governments in California have been considering a seizure of thousands of properties with underwater mortgages, by utilizing their “police power” known as “Eminent Domain”. But eminent domain was never intended for this purpose.

Sign up Now and get our guide on Video Marketing for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Video Marketing for Real Estate professionals for free