U.S. Home Prices Face Three-Year Drop
Started by malthus
over 15 years ago
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Member since: Feb 2009
Discussion about
http://www.bloomberg.com/news/2010-09-15/u-s-home-prices-face-three-year-drop-as-inventory-surge-looms.html "Nevada has the highest percentage of homes with mortgages more than the properties are worth, while New York state has the lowest, according to CoreLogic... Only 7.1 percent of properties in New York state were underwater, with the total loan-to-value equivalent of 50 percent, the company said."
"with the total loan-to-value equivalent of 50 percent, the company said"....the key words