CoreLogic: Nearly 1 million houses float back into positive equity The company said 384,000 borrowers moved out of negative equity, increasing the percentage of homes with positive equity to 93.7 percent of all mortgaged properties, or nearly 48 million homes. corelogic said mortgaged residential properties with negative equity stood at 3.2 million, or 6.3 percent of all homes with a mortgage, a decrease of 10.
791,000 Underwater Homes Return to Positive Equity Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic ( CLGX ) said Tuesday.
CoreLogic: 791,000 underwater homes return to positive equity CoreLogic: 300,000 homes return to positive equity Brena Swanson is formerly the Digital Reporter for HousingWire.
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CoreLogic: 791,000 underwater homes return to positive equity A CoreLogic report from earlier in June heralded the return of positive. who were previously underwater achieved positive equity and about half that number achieved positive equity in the first.
CoreLogic. as the share of underwater mortgaged homes fell to 14.5 percent," said Dr. Mark Fleming, chief economist for CoreLogic. "In just the first half of 2013 almost three and a half million.
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The number of homes heading toward foreclosure in 2013 fell to a 6 year low!! Part of the reason for this. CoreLogic released its third quarter 2013 analysis, and it finds that about 791,000 more residential U.S. properties returned to a state of positive equity and are no longer underwater. [.] Read More.
A 5 percent gain in prices would return another 1.8 million homes, or 3.7 percent of all residential properties with a mortgage, to positive equity, CoreLogic said..
Negative equity can occur because of a decline in home value, an increase in. about 350,000 homeowners from being underwater and restore positive equity.
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12/17/2013 CoreLogic: 791,000 underwater homes return to positive equity.. 791,000 underwater homes return to positive equity; Rising home prices continue to pull underwater homeowners into. positive equity positions. Read Full Article. Share This Story, Choose Your Platform!.
The third quarter of 2014 saw more than a quarter of a million American homes return to positive equity, leaving about one in 10 still underwater, CoreLogic said in its Q3 2014 Equity Report released.
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WASHINGTON (MarketWatch) — In the third quarter, 791,000 more residential properties have returned to positive equity, CoreLogic. to as "underwater" or "upside down," means that borrowers owe more.
CoreLogic Reports 850,000 More Residential Properties Return To Positive Equity In First Quarter Of 2013. is $294,000.The average underwater amount is $79,000.. CoreLogic serves include real.
Additionally, the average homeowner gained $9,700 in home equity. homeowners from being underwater and restore positive equity.”.