Seriously Underwater Properties Down by 2.2 Million

Posted by:

Home above waterA new report out by RealtyTrac shows that seriously underwater properties are down by 2.2 million in the US. RealtyTrac defines “Seriously Underwater” homes as those homes where the mortgage value is at least 25% higher than the value of the home.

Why is this significant? Well the obvious answer is ...

Continue Reading →