andyetf

Negative Equity On The Rise

In Uncategorized on March 1, 2010 at 5:03 pm

The total number of US households with negative equity is 24% of all residential properties with mortgages. This represents an increase of 1% over the 3rd quarter of 2009. Five million people own homes with a mortgage debts exceeding home value by 25% or more.

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