Mortgage News

CoreLogic: 28.3 percent of mortgaged homes in Miami underwater

CoreLogic released new analysis showing approximately 850,000 more residential properties returned to a state of positive equity. to as “underwater” or “upside down,” means that borrowers owe more.

A total of four million U.S. homes returned to positive equity in 2013, bringing the total number of mortgaged residential properties with equity to 42.7 million, according to a report from CoreLogic. Approximately 6.5 million homes, or 13.3 percent of all mortgaged homes, remained in negative.

CoreLogic: Miami Homeowners Shake Off Water and Regain Equity. by James McClister June 16, 2015. CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity

CoreLogic: Fewer homes underwater In real estate on September 12, 2012 at 4:35 pm SANTA ANA, Calif. – Sept. 12, 2012 – CoreLogic says 10.8 million (22.3 percent) of all residential properties with a mortgage had negative equity (underwater) at the end of the second quarter 2012.

CoreLogic , a leading global property information, analytics and data-enabled solutions provider, today released its Q3 2017 home equity analysis which shows that U.S. homeowners with mortgages have collectively seen their equity increase 11.8 percent year over year, representing a gain of $870.6 billion since Q3 2016..

In California, 13.3 percent of mortgaged homes were “underwater” at the. the latest figures available from CoreLogic Inc., a real estate data firm. That was down from 15.4 percent three months.

CoreLogic notes that these properties are at risk of returning to negative equity should home prices fall. equity rebuilding continued in the second quarter of this year as the share of underwater mortgaged homes fell to 14.5 percent,’ says Dr. Mark Fleming, chief economist for CoreLogic.

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Negative equity, often referred to as underwater. significantly fewer mortgage payments and are able to build equity wealth faster." Other highlights from CoreLogic’s third-quarter report: Texas.

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CoreLogic: Fewer homes underwater In real estate on September 12, 2012 at 4:35 pm SANTA ANA, Calif. – Sept. 12, 2012 – CoreLogic says 10.8 million (22.3 percent) of all residential properties with a mortgage had negative equity (underwater) at the end of the second quarter 2012.

CoreLogic’s home equity analysis for the Quarter One, shows that the 63 percent of the country’s homeowners who carry a mortgage gained $766.4 billion in equity over that period, an average of.