Number of underwater homeowners grows: CoreLogic

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Twelve percent of Chicago homeowners with a mortgage were underwater in the first quarter, according to CoreLogic. The only large metro areas where.

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The number of Inland Empire homes with negative equity dropped during the second quarter, according to a recent report. An estimated 6.3 percent of all homes with a mortgage in Riverside and San Bernardino counties had negative equity during April, May and June, down from 9.0 percent during the second quarter of 2016, CoreLogic reported.

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Fewer metro-area homeowners are underwater, with mortgage debt. Higher home prices across the country are dramatically reducing the number of homeowners underwater, two years ago, according to a first-quarter report from CoreLogic. Census: Big cities in US aren't growing like they used to.

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A RealtyTrac report from October listed the number of homes underwater at 18 percent. CoreLogic’s report from the third quarter of 2014 listed Arizona at 19 percent. Phoenix-area home prices were up.

reduced the number of homeowners underwater on their mort-gages to 3.2 million by year’s end, a remarkable drop from the 12.1 million peak in 2011. In inflation-adjusted terms, however, national home prices remained nearly 15 percent below their previous high (Figure 1-a). As a.

CoreLogic estimates that about 36,000 Dallas-area home loans were underwater in the third quarter. Home prices in North Texas are up about 10 percent this year from 2012 levels.

More homeowners with positive equity is good news for the housing market. An additional million homeowners regained equity in 2015, bringing the number of mortgaged properties with equity to 91.5% or.

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