Increasing Home Values Lift 1 Million Homes from 'Underwater' Status
Pro Builder
AUGUST 6, 2021
million at the end of 2019. Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 at the end of 2019. Read More. .
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