CoreLogic: 2.2 million Homes still in negative equity at end of Q2 2018

From CoreLogic: Homeowner Equity Q2 2018 CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63 percent of all properties) have seen their equity increase by a total of nearly $981 billion since the second quarter 2017, an increase of 12.3 percent, year over year. Homeowners Emerge from the Negative Equity Trap: In the second quarter 2018, the total number of mortgaged residential properties with negative equity decreased 9 percent from the first quarter 2017 to 2.2 million homes , or 4.3 percent of all mortgaged properties. Compared to the second quarter 2017, negative equity......(read more)

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