Warning: session_start() [function.session-start]: open(/home/content/14/5809414/tmp/sess_tia4kjrfajs5ndsaiclnmp7pp0, O_RDWR) failed: No such file or directory (2) in /home/content/14/5809414/html/_comment.php on line 14

Warning: session_start() [function.session-start]: Cannot send session cookie - headers already sent by (output started at /home/content/14/5809414/html/_comment.php:14) in /home/content/14/5809414/html/_comment.php on line 14

Warning: session_start() [function.session-start]: Cannot send session cache limiter - headers already sent (output started at /home/content/14/5809414/html/_comment.php:14) in /home/content/14/5809414/html/_comment.php on line 14
$1 trillion in mortgage debt still underwater

$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

Toll Brothers Profit Rises, Orders Jump - duck33 | Dec 4, 2012 07:48 AM ET Housing is a suckers bet. Buy a house and all the legalized robbery kicks in. From insurer fraud to banker fraud and then the tax man comes knocking to take the rest ... - by Sam_438

Is The Housing Market Really Improving? - Dane Ferrell March 21, 2013
They claim it is, but what is going on is investors are buying homes, and renting them out, and sitting on them waiting for the prices to go up again, ordinary peo... - by Infoshare

Interest rates skyrocketed along with inflation and home values - Geno Bronzi
February 26, 201 Increasing landlord expenses are never automatic passthrough costs to the end user.


Vincent Wolf
February 22, 201 In the 1950`s ... - by Kid4z

Mortgage purchase applications have been dead - stock_investor | Dec 17, 2012 01:06 PM ET More false optimism, this is a nation of uneducated social check consumers. Unless these houses are going under section 8 no one will be buying them.
... - by income5c

`Fiscal Cliff` Deal Favors Housing Recovery - We.are.being.played | Jan 2, 2013 11:45 AM ET Yup short term positive. So if you`re going to buy and roll it in the next 6 months - go for it. On the other, if you think beyond your nose ..... When c... - by RepSTQT



$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!



Warning: Unknown: open(/home/content/14/5809414/tmp/sess_tia4kjrfajs5ndsaiclnmp7pp0, O_RDWR) failed: No such file or directory (2) in Unknown on line 0

Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct () in Unknown on line 0