underwater homes

Underwater Homes, Low Ownership Rates, and Low Inventory

The term “underwater homes” is used to describe homeowners who owe at least 25% or more on their mortgage than…

4 years ago

No. of underwater homes declines as sales volumes and prices surge

Housing data from RealtyTrac shows that the number of homes considered to be “seriously underwater”, or at least 25 percent…

7 years ago

Underwater Borrowers Regain Equity as Home Prices Rise

Underwater homeowners have been given a tremendous boost by rising home prices over the last 12 months, with more than…

10 years ago