Trang Huynh's Blog (1)

Millions of Homeowners Underwater

First-time homebuyers are searching for affordable homes; however those homes are a rare find on the market because of the negative equity on most of those homes. According to the first quarter of Zillow® Negative Equity Report, almost 9.7 million homeowners are underwater.

Homeowners who owe more on their mortgage than the house is worth are in a sticky situation. This is usually because they have…

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Added by Trang Huynh on May 21, 2014 at 10:30am — No Comments

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Trang Huynh's Blog (1)

Millions of Homeowners Underwater

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