Because I sold such a boatload of short sales since 2005, cummulatively more than any other agent I can find in a 7-county area according to Trendgraphix, I had been hoping the negative equity situations were now a thing of the past. However, I keep finding evidence that we are not completely out from under yet.
After 14 years! Mindboggling that there are home owners who still cannot sell for the price they paid back then. And there exists a variety of logical reasons for these situations.
You can read more in my personal blog today at this link: Some 2005 Sacramento Home Buyers Are Still Underwater.