Negative Equity Improving, But a Long Way to Go

ECONOMIC FOCUS (1)

A decade after U.S. home sales peaked, 15.4% of homeowners in Q1’15 owed more on their mortgages than their properties were worth, according to a recent report by Zillow Inc.  While that’s down from a high of 31.4% in 2012, it’s still alarmingly above that 1 or 2% that marks a healthy market … [Read Full Article]

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