Pam Marron's Blog (1)

Ignoring Potentially 21%

Ignoring Potentially 21%

In April, 2014, RealtyTrac came out with a report that showed that 1) 9.1 million, or 17% of all US mortgages (total number of US mortgages calculated at over 53.5 million) were STILL seriously underwater, where the loan amount is higher than the property value. Housing values in many areas are coming back, but not enough to put many of the 9.1 million still underwater homeowners into a positive equity position.

In March of 2013, 2) RealtyTrac…

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Added by Pam Marron on May 29, 2014 at 1:47am — No Comments

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Pam Marron's Blog (1)

Ignoring Potentially 21%

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