Q4 2015 Negative Equity: When Abnormal i

Q4 2015 Negative Equity: When Abnormal is the New Normal – More than 6 million homeowners were underwater in the fourth quarter of 2015, down from a peak of almost 16 million in the first quarter of 2012. The Q4 negative equity rate dropped 0.3 percentage points from Q3, to 13.1 percent, the slowest pace in a year. More than 20 percent of homeowners in Las Vegas and Chicago were underwater in Q4. It’s no secret that high levels of negative equity cause housing markets t… http://ow.ly/3cfOZq

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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