Report: Homeowners in Negative Equity Are Treading Water

More than one million homeowners with negative equity came up from under the surface in 2016, but some are still treading water, according to Zillow’s recently released 2016 Q4 Negative Equity Report. Just 10.5 percent of homeowners now owe more on their mortgage than the value of their home, a dip from 13.1 percent in […]

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Zillow: Underwater Homeowners Continue Drop-Off

Eleven percent of homeowners are underwater, or owe more on their mortgages than their homes are worth, according to Zillow®’s third quarter Negative Equity Report—a figure that continues to gradually decline as the market moves in on recovery. “As the housing market recovers and home values rise, the number of homeowners underwater on their mortgages […]

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