Equity-rich properties rise as fewer go underwater

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There were more than 14 million (14,030,394) U.S. properties that were equity rich – where the combined loan amount secured by the property was 50 percent or less of the estimated market value of the property – down slightly from the previous quarter but still up by 905,000 compared to a year ago.

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Number of Americans With Equity-Rich Homes Rises, With San Jose, San Francisco and LA at Top. there were 1.2 million fewer properties underwater than the previous year.. The 5.4 million.

LOS ANGELES (AP) — U.S. homes are taking less time to sell than a year ago, reflecting more homebuyer demand and fewer bank. long way to go to reach a full recovery. Some economists forecast that.

The percentage of California residential properties seriously underwater has dropped considerably over the past year, another sign of the Golden State’s improving real estate environment.

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Stevenson’s research indicates that James Island was first patented (the Colonial term for issuance of property title. a direct result of sea-level rise. The vegetative marshlands are reverting to.

But if the pattern of the past few years takes hold – with levels of underwater and equity rich mortgages turning around – it will mean the market remains strong for sellers, with fewer needing to get out from under financial distress." Highest seriously underwater share in Louisiana, Mississippi, Arkansas, West Virginia

About 336,300 Chicago-area households are equity rich.. economy as homeowners have less ability to leverage home equity wealth into spending.". of mortgaged properties, or more than 832,600 homes, were seriously underwater.. Get the best business coverage in Chicago, from breaking news to .

GSEs transfer $5.5B of credit risk in 1Q: FHFA The objective of the transaction is to transfer credit risk from Freddie Mac to private investors with respect to a $15.7 billion pool of mortgage loans currently held in previously issued MBS.

Equity-rich properties rise as fewer go underwater. Kathryn 0 comments. contents Southeast source national mortgage Neighbor sees vagrants 14.5 million equity rich 14.5 million equity Good/Bad Housing Markets In 2014 May Be a Surprise Time to close home loans for.

But if the pattern of the past few years takes hold – with levels of underwater and equity rich mortgages turning around – it will mean the market remains strong for sellers, with fewer needing to.