CoreLogic: Negative equity props up home prices in toughest markets

CoreLogic: Negative equity props up home prices in toughest markets | HousingWire Many housing markets may be undersupplied because underwater borrowers are unable to put their homes up for sale. According to CoreLogic, this paradox may actually be pushing prices upward for some.

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Zillow said those remaining cases of negative equity will likely be the toughest. throughout the market, and as home value growth slows, it will be years before it gets cleared up. In the meantime,

CoreLogic: Negative equity props up home prices in toughest markets. The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic. The national supply of unsold homes dropped to 6.5 months in April from nine months last June.

"The Fed’s campaign to reduce its $4.4 trillion balance sheet is now taking effect and showing up in the data.. home loans negative equity gap nears $4 trillion. smaller sector-declined 12% from 2003 to 2013.A CMBS is comprised of numerous commercial mortgages of varying terms and values.

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These price moves. of price falls and negative equity than in the 2003 correction. The AFR has more on that front: sydney residential property owners who bought a median-priced home at the peak of.

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Housing Wire – "CoreLogic: Negative equity props up home prices in toughest markets" (6-11-12) "The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic ($17.39 0.06%) ."

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