Featured News, Mortgage, US Real Estate

15 Percent of all Mortgaged Homes Still Underwater

By Mike Wheatley | November 4, 2014
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.
Real Estate, US Real Estate

Home Equity Rises, But Is It Enough?

By Mike Wheatley | June 9, 2014
About 312,000 residential properties regained equity in the first quarter of this year, raising the total of residential properties with equity to more than 43 million, CoreLogic reported Thursday in its annual home equity report.
Real Estate, US Real Estate

Affordable Homes in the US Less Likely to Be for Sale

By Allison Halliday | May 20, 2014
An article in aol.com has highlighted the fact that the most affordable homes in the United States are less likely to be for sale.  These are the types of homes most suitable for first-time buyers. They're less likely to be on the market as their current because their current owners have underwater mortgages or negative […]
Real Estate, US Real Estate

Fewer Mortgages are in Negative Equity

By Allison Halliday | January 16, 2014
A new report from RealtyTrac has shown that fewer mortgages are underwater. According to their latest report 19% of homes with mortgages, which equates to 9.3 million properties were classified as being deeply underwater last month. Being deeply underwater means the borrowers owe at least 25% more on their mortgage than the property is worth. […]
Real Estate, US Real Estate

Negative Equity Levels Expected to Keep Falling Next Year

By Allison Halliday | December 23, 2013
During the third quarter of this year negative equity amounts continued to decline, according to CoreLogic. In this third quarter an estimated 791,000 homes returned to positive equity, but there are still about 6.4 million homes that are considered to be underwater. A home is underwater when it has a negative equity which is where […]
Investing, Market Watch, US Real Estate

Dallas Homes Remain on the Upswing

By Guest Author | June 14, 2013
The uncertainty that existed in Dallas’ 2009 real estate market is finally starting to disappear. More and more sellers and buyers have regained their confidence, and are ready to enter the market again. Home values are reaching and surpassing pre-2007 figures, and market appears to growing steadily. Overall, the market tells us that now is a great time to buy.
Mortgage, US Real Estate

Underwater Borrowers Regain Equity as Home Prices Rise

By Mike Wheatley | March 21, 2013
Underwater homeowners have been given a tremendous boost by rising home prices over the last 12 months, with more than 1.7 million borrowers regaining equity by the end of 2012. This means that there are now 38.1 million homeowners with equity in the US, according to the latest report from CoreLogic.
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