Fewer people are underwater on their mortgages — further evidence that the real estate free-fall may be slowing.
Just 21% of all single-family homeowners owe more on their mortgage balances than their homes are worth, according to a third quarter residential real estate report from Zillow.com. That is down from 23% at the end of the [...]
Posts Tagged ‘The National Association of Realtors’
Fewer underwater mortgages
November 9th, 2009 by Mortgage Writer
Tags: borrowers, foreclosed properties, foreclosure, homeowners, inventory, loans, mortgages, real estate, short sales, The National Association of Realtors
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