Zillow: 28 Percent of U.S. Homeowners Are Now Underwater

The percentage of homeowners with negative equity has increased to 28, according to Zillow, a website listing and property-value estimate website.  Those homeowners, said to be “underwater”, accounted for 22 percent last year, but home values have fallen 8.2 percent over the past 12 months. Zillow says home prices dropped 3 percent in the first

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