Central Florida's housing market tide came up for air at the end of last year with regards to properties with an underwater mortgage, a new.
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The percentage of Winston-Salem-area homeowners late on their mortgage payments continued to decline in the first quarter, national real-estate research firm CoreLogic. Number of underwater.
Lithonia illustrates the growing divide in the recovery in the U.S., where large.. Many underwater homeowners have stopped investing in their.
· In the Charlotte area,16 percent of residential properties that had a mortgage were under water in the fourth quarter of 2011, according to CoreLogic, a real estate research firm. That translates to roughly 61,000 area homes being worth less than their outstanding loan amounts, up from 58,800 properties at the end of the third quarter 2011.
Home prices here fell 5 percent last year, according to federal data, and are expected to keep falling in many housing markets through 2011. If they drop another 10 percent CoreLogic says, the number.
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· More than 3.5 million homes regained equity over the past year as residential prices rose, helping to narrow the number of underwater properties by almost half since late 2009, according to.
· Positives of Negative Equity on Home Prices: CoreLogic 06/11/2012BY: ESTHER CHO Declines in the share of REO properties and in the months’ supply of unsold inventory are all leading to a revival in home prices, and these drops are being driven, in part, by negative equity, CoreLogic concluded in a report. Basing the finding of rising home prices on.