Biggest Quarterly Drop in Underwater Homes since Peak

Jan 9, 2014
Jan 8 2014, 1:18PM

Rising home prices are returning more and more homes to a positive equity position and RealtyTrac said today that about 31 percent of the homes currently in the process of foreclosure now appear to have some value above the balances of their mortgagesĀ  Biggest Quarterly Drop in Underwater Homes since Peak.

 

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