Home > Blogs > Lise Howe > Howe Real Estate Should Be

Homeowners With Negative Equity Lower 3rd Quarter 2015

Reblogger Lise Howe

Real Estate Agent with Keller Williams Capital Properties DC AB15253

December 16, 2015 01:00 AM

This blog from John Pusa portends good news in 2016. More owners who come out of negative equity means more potential sellers and home buyers! Great news

On December 15, 2015, CoreLogig reported that nationwide 256,000 homeowners regained equity, and homeowners negative equity decreased $8.1 Billion to 2.6% in the 3rd quarter of 2015 from 8.7% in the 2nd quarter of 2015, and fell 12.8% from 3rd quarter of 2014; while borrowers with negative equity fell from 4.1 million in the 3rd quarter of 2015, from 4.3 million in the 2nd quarter of 2015, and dropped 20.7% from 3rd quarter of 2014.

State of Nevada had the most homes at 19.0%, and Phoenix-Mesa-Scottsdale, Arizona region had the most at 14.2% with negative equity in the 3rd quarter of 2015.

For complete more detailed information about CoreLogig’s report homeowners negative equity increased in the 3rd quarter of 2015, please CLICK HERE

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Pacific Realty

Office (818) 441-8881

Mobile (818) 441-8881

317 E. Foothill Blvd. #201

Arcadia, CA 91006

Comments(7)

Comment

Show All Comments

Sort:

TeamCHI - Complete Home Inspections, Inc.

Complete Home Inspections, Inc. - Brentwood, TN

Home Inspectons - Nashville, TN area - 615.661.029

Good morning Lise. It seems as if the Nevada area is still slow to make a rebound. We are back to pre-2006 levels.

Dec 26, 2015 06:01 PM

Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning Lise. I still deal with many negative equity situations, folks that want refinance or sell and can't.

Dec 26, 2015 06:26 PM

Conrad Allen

Re/Max Professional Associates - Webster, MA

Webster, Ma, Realtor

Hi Lise. It is good to see property values rising and helping the under water owners.

Dec 26, 2015 07:37 PM

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

Hi Lise. Thanks for re-blogging the encouraging news. I'm hopeful that we will see this trend continue.

Dec 26, 2015 07:42 PM

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good morning Lise. thank you for reblogging the post and sharing the good news about the economy.

Dec 26, 2015 08:09 PM

Linda Guess

Keller Williams Tri-Lakes Branson, MO - Branson, MO

Branson area real estate sales.

Property values are rising in many areas. Branson has somewhat recovered, but still has a ways to go. Great buys are available in Branson.

Dec 26, 2015 10:19 PM

John Pusa

Glendale, CA

Lise Howe Thank you for re-blogging this blog.

Merry Christmas & Happy New Year.

Dec 27, 2015 01:35 AM

Back to Top

Rainmaker
2,379,876

Lise Howe

Assoc. Broker in DC, MD, VA and attorney in DC

Blog Home Search

Service Areas

Real Estate Resources

Popular Posts

Home Buying 4 months ago

Starbucks and Target - Their Effect on Real Estate Values

Real Estate General Information 9 months ago

What Happens to the Mortgage if (when) the Home Owner Dies?

Home Buying 3 months ago

How to Choose the "Best School" for Your Child

As an full time and very active Realtor in the DC metro area, I love to write about the DC market, special communities within the market, and new listings, and to connect with other agents in ActiveRain on ways to improve our service to the public and our marketing abilities.