According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes with ...
Home prices are falling, but that's not always a good thing. In some areas, it's causing mortgage balances to exceed the actual property value. Here are the 10 states with the highest percentage of ...
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More Homeowners Find Themselves Underwater
Homeowners who bought around the peak of the market are increasingly finding they owe more on their mortgages than their properties are worth. The number of owners who are underwater is small but ...
The percentage of "seriously underwater" mortgages rose in the first quarter. In the US, 2.7% of homes carry a mortgage that's at least 25% more than the market value of the house. That's according to ...
If you've found yourself unable to afford your mortgage payments, you're not alone. In the real estate world, many people refer to this as an underwater mortgage. So what does that all-too-common ...
According to real estate data firm Zillow, 23 percent of all single-family homes are saddled with mortgages worth more than the present value. Moody’s Economy.com offers a similar number; according to ...
Proportion of homes considered equity-rich drops to 46.2 percent quarter-over-quarter; Rate of seriously underwater homes ticks up slightly IRVINE, Calif., May 8, 2025 /PRNewswire/ -- ATTOM, a leading ...
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