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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. […]
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.
Mortgage, Real Estate, Residential, US Real Estate

Half of US Homes are Underwater on Mortgages

By Allison Halliday | June 28, 2012
A new study has revealed that an incredible 50% of all homes in the US are now officially "underwater", which means that more is owed on the properties than what they're actually worth.
Mortgage, Real Estate, US Real Estate

Sales Held Back By Underwater Borrowers

By Mike Wheatley | September 16, 2011
New data released by CoreLogic shows that a large number of homeowners remain “underwater”, a situation where they owe more on their mortgage than their homes’ value, as a result of continuing property price declines. CoreLogic said that around 10.9 million residential properties, which amounts to 22.5% of all mortgaged homes in the US, were […]
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