Nearly 1 in 10 L.A. Mortgages Is Still “Underwater” – LA Weekly


LA Weekly

Nearly 1 in 10 L.A. Mortgages Is Still "Underwater"
LA Weekly
The bad news is that nearly one out of 10 Los Angeles area homeowners with mortgages is still "underwater," that Great Recession term that means the balance of a home loan is greater than the asset is worth. The good news is that the number of ...
'Underwater' mortgages decline in the fourth quarter Sun Sentinel
Over 16 percent of Charlotte homes are still underwater Charlotte Observer
How Renting Puts a Drag on the Housing Market U.S. News & World Report
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