CoreLogic: "2.5 million Homes still in negative equity" at end of Q4 2017

From CoreLogic: Homeowner Equity Q4 2017 CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63 percent of all properties) have seen their equity increase by a total of $908.4 billion since the fourth quarter 2016, an increase of 12.2 percent, year over year. In the fourth quarter 2017, the total number of mortgaged residential properties with negative equity decreased 1 percent from the third quarter 2017 to 2.5 million homes, or 4.9 percent of all mortgaged properties . Compared to the fourth quarter 2016, negative equity decreased 21percent from 3.2 million homes, or 6.3......(read more)

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