CoreLogic: 28.3 percent of mortgaged homes in Miami underwater
CoreLogic. with the highest percentage of homes with negative equity are Nevada (13.6%), Florida (11.6%), Illinois (11.1%), Rhode Island (10.0%) and Arizona (9.8%). These five states accounted for.
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Among major cities, Miami, Las Vegas and Chicago had the highest percentage share of underwater mortgages, at twice or more the national average. Overall, however, the estimated amount of mortgaged homes in a negative equity situation fell to 3.1 million, which is down 24 percent from the first quarter of 2016.
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Underwater Mortgages Highest in Nevada, Florida, Illinois. the CoreLogic Home Price Index was up 5.5 percent year over year through the first quarter.. Corelogic, underwater mortgages. Free.
The state's housing market is digging out from the Great Recession thanks to rising. Not so long ago, nearly half of Florida homes with a mortgage were underwater.. Today, only 6.7 percent of Florida mortgages are underwater, according to a recent analysis from financial services company CoreLogic.
The number mortgages. CoreLogic Home Price Index predicts there will be a 4.5 percent increase in our national index from December 2018 to the end of 2019. If all homes experience this gain, this.
Of all homes with mortgages in the Miami-Miami Beach-Kendall area, 64,328 or 14.7 percent were underwater at the end of the second quarter, according to CoreLogic. That’s down from 80,822 or 18.
Mortgage data tracker and analytics firm CoreLogic today released its Q3 2017. keywords clgx mortgage Negative equity underwater homes. These include large markets such as Miami, Las Vegas and Chicago, but.
Nevada had the highest percentage of mortgaged properties in negative equity at 52.4 percent, followed by Florida (40.2 percent), Arizona (34.9 percent), Georgia (33.8 percent) and Michigan (31.9 percent). These top five states combined account for 32.7 percent of negative equity in the U.S.
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CoreLogic, a specialist in crunching real estate data, said that fewer U.S. homeowners are underwater than previously. That is, fewer owe more on their mortgages than their homes are worth, or.
One in 11 mortgaged homes in the U.S. is “seriously underwater,”. That means the property owner owes at least 25 percent more than the. that Chicago led the nation in homes in any way underwater, with Miami No.
· Equity rebuilding continued in the second quarter of this year as the share of underwater mortgaged homes fell to 14.5%, said corelogic chief economist mark fleming.
Former HousingWire Editor-in-Chief Jacob Gaffney partners with former CoreLogic exec to launch media and PR firm Bankrate’s former chief financial officer admitted in court this week. Ben Lane is the Editor for HousingWire. In this role, he helps set a leading pace for news coverage spanning the issues.