Double-Dip in US Home Prices

Single family property prices in the US have dropped into what’s known as ‘double-dip’ territory according to the latest figures available for March, as weak demand and a large inventory continue to bog down the markets, a new survey has shown.   The S&P/Case Shiller index, which lists property sales in the 20 biggest metropolitan

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15 Million Americans Owe More Than Homes Are Worth

There is a pocket of Americans who have managed to make their mortgage payments and keep their homes, but who also owe more than the homes are actually worth. While some may owe $200,000 on a $198,000 home, others may owe as much as $200,000 on a home only worth $75,000.

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