Increasing Home Values Lift 1 Million Homes from 'Underwater' Status
Pro Builder
AUGUST 6, 2021
On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 There remain pockets of the country where housing debt-traps are widespread. At a more granular level, there are three zip codes in the Cleveland area where roughly half of all homes still have negative equity.
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