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Tag Archive | "negative equity"

Report: Negative equity numbers improving

Tuesday, November 29, 2011

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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, [...]

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22 percent of CS homeowners upside down

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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