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CoreLogic: 28.3 percent of mortgaged homes in Miami underwater

Nationwide, some 4.1% of all homes with a mortgage were underwater. CoreLogic called out current negative equity percentages in these 10: As the percentage of homes with negative equity rises, the.

Rising home prices have floated 9.7 million homeowners with underwater mortgages back into. areas with the highest percentage of properties with negative equity are Tampa-St. Petersburg, Fla. (41.4.

According to CoreLogic. mortgages accounted for nearly 28 percent of all residential properties with a mortgage nationwide. Negative equity, often referred to as "underwater" or "upside down,".

The amount of equity in mortgaged real estate increased by about $678 billion in Q4 2018 from Q4 2017, an annual increase of 8.1 percent, according to the latest CoreLogic Equity Report. The Fourth.

(BUSINESS WIRE) — CoreLogic. a 93 percent increase from its trough-to-current home price level, Nevada home prices are still 23 percent below the pre-recession peak, and 9 percent of.

Underwater Mortgages Highest in Nevada, Florida, Illinois. The percentage of homes with less than 20% positive equity is lower than at the end of the fourth quarter of 2015, when 18.9% of all properties had positive equity below 20%. Homes with less than 5% equity are also lower, 2.2% at the end of the first quarter compared with 2.3% in the prior quarter.

The number of homeowners whose mortgages exceed. metropolitan areas, CoreLogic called out negative equity percentages in these 10: As the percentage of homes with negative equity rises, the amount.

Nationally, the number of underwater mortgaged. 28.3 percent, which was the 13th highest rate in the nation. More than 5,100 homeowners moved into that status over the year. Separately, data.

The number of contracts to buy previously owned homes jumped 14 percent. more is owed on the mortgage than the house is worth, preventing owners from trying to market their properties, according to.

Meanwhile, the total number of mortgaged residential properties with negative equity decreased 1% percent from the fourth quarter 2018 to 2.2 million homes. Miami and Chicago saw higher negativity.

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In California, 13.3 percent of mortgaged homes were "underwater" at the end. the latest figures available from CoreLogic Inc., a real estate data firm. That was down from 15.4 percent three months.

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 · Going, going, but not quite gone. We’re talking about homeowners whose mortgages are underwater. A new report from CoreLogic, the real estate information service, shows that 6.4 percent.

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