- While the number of homeowners underwater has declined significantly over the past few years, many lower-priced homes have not recovered.
- In 2015, the underwater borrower population decreased by 31% (1.5M) and there are currently 3.2M underwater borrowers (Black Knight Financial).
- However, more than half of all underwater homes are in the bottom 20% of homes by price in their respective areas.
Negative Equity Still Plagues Lower-Priced Homes – DSNews
(04/03/2016)
