positive equity: American Homeowners Buoyed By Reduction In Negative Equity - 09/25/12 10:44 PM
 
Many home owners who have been drowning in negative equity are finally facing relief as the markets report rising home prices. According to data from CoreLogic, a provider of consumer, financial and property analytics, negative equity mortgages declined in the second quarter of 2012, falling from 11.4 million properties to 10.8 million. Additionally, 1.8 million home owners who have less than 5%, negative equity in their homes, could move into positive equity if the recent trend in increasing home prices continues. Furthermore, since the start of the year, over 1.3 million home owners who had underwater mortgages have moved from … (0 comments)