Seeking Alpha

CoreLogic's latest report shows 10.9M U.S. properties (22.5% of residential properties) are...

CoreLogic's latest report shows 10.9M U.S. properties (22.5% of residential properties) are underwater at the end of Q2, vs. 22.7% for Q1. Toss in properties with less than 5% equity and more than one-quarter of U.S. mortgages have negative or near-negative equity. The usual suspects - NV, AZ, FL, MI, and CA - lead the way.
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