Borrowers in Negative Equity Declining as Home Values Gain

Borrowers in Negative Equity Declining as Home Values Gain: Report “About 600,000 borrowers rose above negative equity in the second quarter of 2012, CoreLogic reported Wednesday. According to the company’s analysis, 10.8 million, or 22.3 percent, of residential properties with a mortgage remained underwater for the second quarter of 2012. The second quarter figure is …

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Fewer U.S. homes underwater as prices rise

Fewer U.S. homes underwater as prices rise More than 1.3 million U.S. homeowners who owed more on their mortgages than their homes were worth have regained equity this year,  Santa Ana-based data firm CoreLogic says. Increases in home values are giving homeowners not only more equity but the ability to refinance. Nationwide, home values saw the biggest annual …

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Underwater homes keeping a lid on inventory

Home prices saw the largest spring gain in a quarter century during the three months through May, but the sluggish economy threatens further price recovery, according to a monthly report from economists at real estate and mortgage data aggregator CoreLogic. After reaching a low for the downturn in February, home prices rose 5.6 percent during …

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Economists expect 2013 home price rebound

Economists expect 2013 home price rebound After experiencing a slight dip this year, home prices will see modest increases starting in 2013 and through 2016, according to a quarterly survey of more than 100 economists, real estate experts and investment strategists. The survey, conducted by research and consulting firm Pulsenomics LLC on behalf of real …

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