Monday, June 9, 2014

Homes See Positive Equity Why are People Moving

Homes See Positive Equity Why are People Moving
The first quarter of 2014, focusing specifically on homes with negative equity. The company found that more than 300,000 homes returned to positive equity in the quarter, bringing the total number of mortgaged residential properties with equity to more than 43 million. The company's analysis found that roughly 6.3 million properties, or 12.7 percent of all residential properties with a mortgage, had negative equity as of the first quarter of 2014. One in five borrowers have less than 10 percent equity in their property." See Why are People Moving

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