CoreLogic: 791,000 underwater homes return to positive equity

Natural hazards increase propensity of mortgage default In a recent report, CoreLogic economists studied the theory that natural hazard risks actually increase the propensity of mortgage default. The susceptibility to default caused by natural.

March 12, 2014 corelogic: 4 million homes Return to Positive Equity in 2013. Rising home prices led to improvements in home equity, with 4 million residential properties regaining equity at the end of 2013, but the share of borrowers underwater on their mortgages remained unchanged from the third quarter, analytics firm CoreLogic reported March 6 in its 4Q 2013 Equity Report.

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CoreLogic: 791,000 underwater homes return to positive equity Only 6.4 million properties remain in negative equity rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third.

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Nearly 800,000 homes returned to a state of positive equity during the third quarter–leaving about 6.4 million underwater, according to the latest data from CoreLogic. The numbers indicate a.

Home flippers made an average gross profit of $18,400 on single-family home flips, representing a 9% return on the initial purchase. Rising prices are also pushing previously underwater homeowners.

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Irvine, Ca-based CoreLogic. and the average underwater amount is $88,000. The bulk of positive equity for mortgaged residential properties is concentrated at the high end of the housing market. For.

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Housing Wire – "CoreLogic: 791,000 underwater homes return to positive equity" (12-17-13) "Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic.

791,000 Underwater Homes Return to Positive Equity Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic ( CLGX ) said Tuesday.

According to CoreLogic, it’s much bigger than most people appreciate. In its quarterly Equity Report, the data analytics firm offered a broad overview of the state of the underwater. March would.