| 08.03.2012 - Negative equity increase in the U.S. housing market |
| Real estate experts conclude that close to a fourth of the residential properties in the U.S. Housing Market had a negative equity mortgage on the home. This exceeds the one fifth increase reported in the third quarter in 2011. In addition, under five percent equity was held by two and a half million homeowners in the last quarter. The term for this is near negative equity...............................................Full Article: Source |