Real Estate Marketing & Beyond

Featured News, Mortgage, US Real Estate

15 Percent of all Mortgaged Homes Still Underwater

By Mike Wheatley | November 4, 2014

Mortgage, Real Estate, US Real Estate

Short Sales Falling Out of Favor with Underwater Homeowners

By Mike Wheatley | June 25, 2014

Real estate professionals say that their underwater sellers are less likely to consider a short sale, even if faced with foreclosure.

Featured News, US Real Estate

Why Using Eminent Domain To "Fix" Underwater Mortgages Must Be Stopped

By Donna S. Robinson | July 11, 2012

Lately a number of local municipal governments in California have been considering a seizure of thousands of properties with underwater mortgages, by utilizing their "police power" known as "Eminent Domain". But eminent domain was never intended for this purpose.

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 […]

Real Estate, Residential, US Real Estate

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

By Tavis J. Hampton | May 9, 2011

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 […]

St. Louis and the Negative Equity Woes

By Phil Butler | February 14, 2011

Across the country house prices are still on the decline for the most part. And nowhere is this more evident than in St. Louis where more and more homeowners are "underwater" where their home's actual value is concerned. According to Zillow, the people who owe more than their home is worth continues to rise, with one in three mortgages being upside down now.

15 Million Americans Owe More Than Homes Are Worth

By Tavis J. Hampton | February 11, 2011

There is a pocket of Americans who have managed to make their mortgage payments and keep their homes, but who also owe more than the homes are actually worth. While some may owe $200,000 on a $198,000 home, others may owe as much as $200,000 on a home only worth $75,000.

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