While the number and percentage of homeowners who owe more than their home is worth is dropping, it remains high, according to a report from CoreLogic, a national real estate analytics firm. Nationally, 10.8 million, or 22.3 percent, of all residential properties with a mortgage had negative equity at the end of the second quarter [...]
Continue reading...Tuesday, November 29, 2011
While nearly 22 percent of Colorado Springs residents with home mortgages had negative equity in the third quarter of 2011, the high ratio represents improvement. About 33,545 of all residential properties with a mortgage in Colorado Springs were worth less than their owners originally borrowed to pay for them, according to a report from CoreLogic, [...]
Continue reading...Tuesday, September 13, 2011
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More than 22 percent of homeowners in Colorado Springs owe more on their mortgages than their homes are worth. CoreLogic, a research and analysis firm, released data today revealing that 34,109 homeowners in Colorado Springs are upside down on their mortgages. That’s consistent with national trends, where 22.5 percent of borrowers owed more than the [...]
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Wednesday, September 12, 2012
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