CoreLogic: 2 Million Homes with Negative Equity in Q2 2019

From CoreLogic: Homeowner Equity Insights, 2nd Quarter 2019 In the second quarter 2019, the total number of mortgaged residential properties with negative equity decreased 7% from the first quarter 2019 to 2 million homes , or 3.8% of all mortgaged properties. On a year-over-year basis, negative equity fell 9% from 2.2 million homes, or 4.3% of all mortgaged properties, in the second quarter of 2018. The national aggregate value of negative equity was approximately $302.7 billion at the end of the second quarter of 2019. This is down quarter over quarter by approximately $2.6 billion, from......(read more)

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