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20% of Springs properties in negative equity (access required)

by Becky Hurley

Published: May 10,2010

Time posted: 10:20 am

Tags: Colorado Springs, mortgage, negative equity

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Nearly 20 percent of Colorado Springs' residential properties were in negative equity for the first quarter of this year. According CoreLogic, 30,032 properties, or 19.6 percent, fell into that category during the period. Another 9.7 percent of locally owned homes, or 14,894, were within 5 percent of being in a negative equity. However, those numbers were not enough to put ...





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