Tag Archives: negative equity

Zillow’s negative equity map

Zillow now has an interactive map that displays the percentage of homes in a particular county or ZIP code that are in negative equity (see map below). Negative equity is commonly referred to as being underwater. The map also shows … Continue reading

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Negative equity declines in Q2

Zillow has released its 2nd-quarter data for homes underwater (see Negative Equity Falls in Q2; Half of Borrowers Under 40 Underwater). From Zillow’s previous release of underwater data I reported Q1 data for various zip codes in and around the … Continue reading

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Nevada leads the country in negative equity; more than double the U.S. average

Zillow has released its 2012 Q1 report on underwater homeowners across the nation. See Despite Home Value Gains, Underwater Homeowners Owe $1.2 Trillion More than Homes’ Worth Though the report covers the nation, Nevada was mentioned specifically in the press … Continue reading

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More than half of homes in Reno-Sparks underwater

The national average for homes with negative equity is 24 percent.  In Reno-Sparks, that average is 56.3 percent.  Yes, more than half the homes in Reno-Sparks have negative equity.  And this number is expected to increase. See the RGJ story … Continue reading

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One in Four Borrowers Is Underwater

According to an article in today’s Wall Street Journal, 23 percent of U.S. homeowners owe more on their mortgages than the properties are worth.  That’s 10.7 million households with negative equity in their homes according to the First American CoreLogic … Continue reading

Posted in Foreclosures, Market Trends | Tagged , | 50 Comments