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Home | Tag Archives: Negative Equity

Tag Archives: Negative Equity

312,000 Properties Regain Equity in Q1 2014

foreclosure

CoreLogic released an analysis of residential properties in the first quarter of 2014, focusing specifically on homes with negative equity. The company found that more than 300,000 homes returned to positive equity in the quarter, bringing the total number of mortgaged residential properties with equity to more than 43 million.

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9.7 Million Homeowners Underwater

Zillow released its Negative Equity Report for the first quarter, revealing an estimated 9.7 million homeowners continue to owe more on their mortgage than their home is worth. That number, down from about 9.8 million in Q4 2013, represents about 18.8 percent of mortgage-paying Americans, according to Zillow.

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February Home Sales Fall Slightly in California

California single-family home and condominium sales fell 1.4 percent in February from January, and declined 16.1 percent from February, 2013. According to the Real Property Report from PropertyRadar, last month marked the lowest sales for the month of February since 2008.

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Commentary: What’s in Store for Housing in 2014, Part 1

Many economists and market observers have suggested the market is poised for continued growth as the recovery enters its third year, and there are positive elements in play that provide some reasons for optimism. Recent loan vintages continue to perform at levels better than historical norms, which has allowed the industry to work through its backlog of distressed assets; foreclosure activity is declining; and housing starts have begun to rise.

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Feature: Where Oh Where Did My REO Go?

Where-oh-where-REO

With fewer properties entering the foreclosure process and more delinquent borrowers avoiding foreclosure, the number of foreclosed single-family homes held by lenders and government agencies has rapidly declined. In the April issue of DS News magazine, contributing writer Keith Button explored the many market drivers taking their toll on the once-strong stock of bank-owned homes.

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Survey Uncovers Patterns and Trends Among Homebuyers

The National Association of Realtors recently released the results of a national survey conducted in July 2013 among homebuyers who had made their purchase within the previous year. The data collected brings fresh insights into all phases of the homebuying process and helps recognize emerging trends to help real estate professionals understand the needs and expectations of their clients. What did the study uncover?

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