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Zillow: Underwater Homeowners Continue Drop-Off

December 19, 2016 5:03 pm

Eleven percent of homeowners are underwater, or owe more on their mortgages than their homes are worth, according to Zillow®’s third quarter Negative Equity Report—a figure that continues to gradually decline as the market moves in on recovery. “As the housing market recovers and home values rise, the number of homeowners underwater on their mortgages […]

The post Zillow: Underwater Homeowners Continue Drop-Off appeared first on RISMedia.

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