According to Reuters News nearly 20 percent of home owners owe more on their homes than their properties are worth, finds a new study by First American CoreLogic.
About 8.31 million properties were underwater at the end of 2008, up 9 percent from 7.63 million at the end of September.
Corelogic predicts about 2.16 million properties will [...]
Archive for March, 2009
Study Finds 20% of Mortgages Underwater
Posted in Market Update on March 4, 2009 | Leave a Comment »
