• Ocwen7.13+0.17 +2.44%
  • Zillow24.65+0.10 +0.41%
  • Trulia47+0 +0%
  • NationStar13.62+0.14 +1.04%
  • CoreLogic36.86-0.51 -1.36%
  • RE/MAX37.51-0.03 -0.08%
  • Fannie Mae2.09+0.00 +0.00%
  • Freddie Mac2.05+0.00 +0.00%
  • Wells Fargo55.10-0.29 -0.52%
  • CitiMortgage54.09-0.12 -0.22%
  • Bank of America17.43-0.05 -0.29%
  • Fidelity National Financial35.85-0.04 -0.11%
  • First American39.44-0.07 -0.18%
  • AUDUSD=X0.7295+0.0069 +0.9534%
  • USDJPY=X123.1800+0.0300 +0.0244%
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Home | Tag Archives: Home Values

Tag Archives: Home Values

Underwater Borrower Rate Drops Below 17 Percent


The number of U.S. homeowners who owe more on their mortgage than their home is worth has fallen off by nearly half in the last two years, but third-quarter data shows millions are still close to slipping back under. By the end of Q3 2015, the company expects negative equity will drop further to a rate of 15.2 percent. While improving trends in home values and foreclosures have helped push more homeowners into positive equity positions, many are still barely afloat, possessing too little equity to realistically afford the cost of selling their home and buying a new one. Because they're essentially locked into their houses, those homeowners are unable to contribute to their local stock of for-sale homes and are stuck in the way of entry-level or move-up buyers.

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Survey: Economists Trim Forecast for Housing Starts

Economists are lowering their expectations for housing starts in 2014, according to a survey performed by the Wall Street Journal. The Journal notes their diminishing optimism is among the most noticeable trend in monthly surveys of economic forecasters in the first half of 2014.

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Home Inventory Down In April

For the fourth straight month, the inventory of homes for sale has declined 0.4 percent annually in April, according to Zillow. Despite home values falling modestly month-over-month, inventory remains tight with 21 of the nation's largest 35 metros experiencing waning inventory.

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