CoreLogic: Negative equity props up home prices in toughest markets

Contents Insights mobile app. research publications Data scientists.. calyx software Model- version 4.0 Pump flow rate Homeowners avoid foreclosure Delivers abn amro CoreLogic Launches insights mobile app. research publications containing original analysis and commentary authored by CoreLogic industry experts and data scientists.. calyx software, a.

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CoreLogic: Negative equity props up home prices in toughest markets | HousingWire Many housing markets may be undersupplied because underwater borrowers are unable to put their homes up for sale. According to CoreLogic, this paradox may actually be pushing prices upward for some.

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The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic ($18.31 0.28%) [2]. The national supply of unsold homes dropped to 6.5 months in April from nine months last June. But the decline occurred less because of an increase in sales.

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It seems like it was just five days ago that you had to pony up another $10.6. avoid letting real estate values reach market-clearing levels, the Bush and Obama administrations have effectively.

Georgia and Michigan also have negative equity rates of 31.9% and 33.8%, respectively. These five markets alone account for 32.7% of all homes in negative equity across the U.S.

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