bryan homes: Upside Down Housing Market?!?!?!?
- 03/17/10 05:28 AM
Have you ever wondered if the market you live in is upside down or not? Well, here in Bryan/College Station, we are definitely not upside down!! Thousands and thousands of people across the U.S. currently have an upside down mortgage. You are "upside down", and have negative equity if the value of your home is less than what you owe on your mortgage. Bryan homes and College Station homes are appreciating every year, and we were not hit as hard as some markets when considering sales price and volume of homes sold. Our market has shown a 2% increase in home … (2 comments)
Have you ever wondered if the market you live in is upside down or not? Well, here in Bryan/College Station, we are definitely not upside down!! Thousands and thousands of people across the U.S. currently have an upside down mortgage. You are "upside down", and have negative equity if the value of your home is less than what you owe on your mortgage. Bryan homes and College Station homes are appreciating every year, and we were not hit as hard as some markets when considering sales price and volume of homes sold. Our market has shown a 2% increase in home … (2 comments)
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