Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic said Tuesday.
CoreLogic, a global property information, analytics and data-enabled services provider, released new analysis showing more than 300,000 homes returned to positive equity in the first quarter of 2014, bringing the total number of mortgaged residential properties with equity to more than 43 million.
CoreLogic released new analysis showing approximately 2.5 million more residential properties returned to a state of positive equity during the second quarter of 2013, and the total number of mortgaged residential properties with equity currently stands at 41.5 million.
Rising home prices drove down the number of U.S. homeowners struggling with underwater. mark fleming, CoreLogic’s chief economist, said that a slowing in price gains could slow the rate at which.
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CoreLogic: 791,000 underwater homes return to positive equity – Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic () said Tuesday.
Roughly 200,000 residential properties returned to a state of positive equity during fourth-quarter of 2012, according to CoreLogic, a provider of information, analytics and business services. In an analysis released on Tuesday, CoreLogic said that with the fourth-quarter numbers, the total number.
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CoreLogic: 791,000 underwater homes return to positive equity Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine.
12/17/2013 CoreLogic: 791,000 underwater homes return to positive equity.. 791,000 underwater homes return to positive equity; rising home prices continue to pull underwater homeowners into. positive equity positions. Read Full Article. Share This Story, Choose Your Platform!.
CoreLogic has released a new analysis showing approximately 100,000 more borrowers reached a state of positive equity during the third quarter of 2012, adding to the more than 1.3 million borrowers that moved into positive equity through the second quarter of 2012.
CoreLogic Reports 791,000 More Residential Properties Return To Positive Equity In Third Quarter Of 2013. Negative equity, often referred to as "underwater" or "upside down," means that.
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Nearly 800,000 homes returned to a state of positive equity during the third quarter–leaving about 6.4 million underwater, according to the latest da