$1 trillion in mortgage debt still underwater

andycloses - March 1, 201 Umm, check the math...a drop from 15.7 to 13.8 million is a 12% drop, not a 3% drop...Pretty impressive for one year if you ask me. And as far as home value appreciation goes, 6% is close to a Goldilocks amount (just about right)...otherwise the pendulum swings too quickly in the other direction.

hypnotoad72 - March 1, 201 "Live within your means". Many people did, before their jobs were devalued or offshored. Never mind the salesmen that used psychological manipulation in the form of encouragement... (then laugh as they run for public office, and laugh more when they`re voted into office...) It`s a many-sided situation, for which no single facet is solely responsible. Fact. How`s that for a one-liner in response to the inevitable one-liner some others will try to palm. Except mine is more open-ended and leads to research, rather than an intellectually-empty one-liner meant to feel good and solve nothing.






Start a Conversation - Add Comments

Your Comment: ( Please enter all fields and security code. )

Name:
Email:
Website:
Topic:
Comments:
 
Word Verification:
 

Latest Comments

The economy is booming... - sidfeinberg | Feb 5, 2013 03:27 PM ET swfljim | Feb 5, 2013 02:53 PM ET Speaking as a Realtor in Southwest Florida (Bonita Springs-Naples area), prices here were up 17% on average last year and the a... - by Lisa721

IRS Data - TRUTHmin | Dec 5, 2012 01:52 PM ET I happened to look at this data yesterday Speculate717 | Dec 5, 2012 12:41 PM ET Just more welfare for the rich: kill it! ================== Populists are usually i... - by WDR

statistics are distorted - TheAustrian | Jan 17, 2013 09:42 AM ET Of course the statistics are distorted by government sources, but we should be asking a second question: Does the lack of firings mean that firms are actually h... - by AustinTX8

It is harder to lose it to foreclosure - Auto 101 Doug March 20, 2013 IF you pay off your house, it is harder to lose it to foreclosure. A 15-year mortgage is better than a 30-40 year one. Did you know they are making 50-year mort... - by jimtini

Economy Fueled by `Energy Revolution,` Housing: Hormats - Louson | Jan 23, 2013 08:44 AM ET If there are any traders out there trading the Forex I wanted to warn you don`t waste your time I`ve been trying to make money with it for years! Go to the website T... - by NTffp



$1 trillion in mortgage debt still underwater

Real Estate Agent Directory

Are you looking for a real estate agent in your area? At housing news blog, you can search for your local realtor and real estate service by using our agent search features.

Real Estate Agent Directory

Get listed!

Are you a real estate agent? Get listed for free with us! Complete a real estate agent profile form and get listed in a few days. Click on the link below to get started!

Free agent profile!