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US Real Estate, Zillow

Negative equity continues to dog real estate markets

By Mike Wheatley | March 8, 2017
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

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

By Mike Wheatley | January 12, 2017
A new study from Zillow has found that homeowners in predominantly black communities are almost twice as likely to be "underwater" on their mortgages
Featured News, Mortgage, Residential, US Real Estate

CoreLogic: Half a million homeowners regained equity in Q2

By Mike Wheatley | September 19, 2016
CoreLogic had some good news for the economy in its latest equity report, revealing that just over 548,000 homeowners regained equity in the last quarter.
US Real Estate

FHFA’s New Principle Reduction Policy Is Too Little Too Late

By Allison Halliday | April 18, 2016
This was the view of the California Reinvestment Coalition (CRC) about the agencies new principle reduction policy. Kevin Stein, associate director at CRC said “Today’s announcement by FHFA that principle reduction loan modifications will be available on a limited basis for Fannie Mae and Freddie Mac (“GSE”) loans is the poster child for “way too […]
Mortgage, Real Estate, US Real Estate

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

By Mike Wheatley | March 16, 2016
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.
Real Estate, US Real Estate

Number of Underwater Properties Significantly Down

By Allison Halliday | January 23, 2015
According to a recent report released by RealtyTrac, the end of last year saw 7,052,570 US residential properties with seriously underwater mortgages. This accounts for about 13% of all properties that are currently mortgaged. A mortgage that is in serious negative equity or underwater is where the total loan amount secured by the property is […]
Real Estate, US Real Estate

Negative Equity Levels down by Half in Most Major Markets

By Allison Halliday | December 22, 2014
According to the Zillow Negative Equity Report, the number of homeowners in the United States who are in negative equity on their mortgages has dropped by more than 40% since early 2012. The report shows that more than 7 million Americans who were once underwater on their mortgages have since managed to return to positive […]
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